Skillcast Group (LSE:SKL) Days Sales Outstanding : 98.61 (As of Dec. 2023)

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What is Skillcast Group Days Sales Outstanding?

Skillcast Group's average Accounts Receivable for the six months ended in Dec. 2023 was £3.32 Mil. Skillcast Group's Revenue for the six months ended in Dec. 2023 was £6.15 Mil. Hence, Skillcast Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 98.61.

The historical rank and industry rank for Skillcast Group's Days Sales Outstanding or its related term are showing as below:

LSE:SKL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.79 Med: 89.43 Max: 107.45
Current: 93.4

During the past 6 years, Skillcast Group's highest Days Sales Outstanding was 107.45. The lowest was 79.79. And the median was 89.43.

LSE:SKL's Days Sales Outstanding is ranked worse than
73.98% of 2725 companies
in the Software industry
Industry Median: 61.83 vs LSE:SKL: 93.40

Skillcast Group's Days Sales Outstanding declined from Dec. 2022 (103.16) to Dec. 2023 (98.61).

Skillcast Group Days Sales Outstanding Historical Data

The historical data trend for Skillcast Group's Days Sales Outstanding can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Skillcast Group Days Sales Outstanding Chart

Skillcast Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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88.02

107.45

106.07

83.03

79.79

Skillcast Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					82.46	131.46	103.16	102.09	98.61

Competitive Comparison of Skillcast Group's Days Sales Outstanding

For the Software - Application subindustry, Skillcast Group's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Skillcast Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Skillcast Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Skillcast Group's Days Sales Outstanding falls into.

Skillcast Group Days Sales Outstanding Calculation

Days Sales Outstanding measures the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Accounts Receivable can be measured by Days Sales Outstanding.

Skillcast Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.028	+	2.913)	/	2 )	/	11.302	*	365
=	2.4705					/	11.302	*	365
=	79.79

Skillcast Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.734	+	2.913)	/	2 )	/	6.151	*	365 / 2
=	3.3235					/	6.151	*	365 / 2
=	98.61

Skillcast Group (LSE:SKL) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Skillcast Group Days Sales Outstanding Related Terms

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Skillcast Group (LSE:SKL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Skillcast Group PLC (LSE:SKL) » Definitions » Days Sales Outstanding

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K9I:Germany

Address

80 Leadenhall Street, London, GBR, EC3A 3DH

Website

https://www.skillcast.com

Skillcast Group PLC is engaged in providing management services to other entities in the group. The Group provides software and content subscriptions and related professional services to enable companies to transform their staff compliance. The company has two revenue streams: SaaS subscriptions - The Group provides subscriptions to its content and technology products to the customer for subscription periods that are typically twelve months. The revenue is recognized evenly over the period of subscription, and Professional services - The Group provides customized and standard content to its clients under fixed-price contracts. Geographically, it operates in the UK, Europe, and the Rest of the world. It derives a majority of its revenue from the United Kingdom.

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