Nagarro SE (LTS:0AA3) Days Sales Outstanding : 71.49 (As of Mar. 2024)

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What is Nagarro SE Days Sales Outstanding?

Nagarro SE's average Accounts Receivable for the three months ended in Mar. 2024 was €186.7 Mil. Nagarro SE's Revenue for the three months ended in Mar. 2024 was €238.3 Mil. Hence, Nagarro SE's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.49.

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

LTS:0AA3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58 Med: 65.39 Max: 70.43
Current: 69.03

During the past 6 years, Nagarro SE's highest Days Sales Outstanding was 70.43. The lowest was 58.00. And the median was 65.39.

LTS:0AA3's Days Sales Outstanding is ranked worse than
57.25% of 2725 companies
in the Software industry
Industry Median: 61.83 vs LTS:0AA3: 69.03

Nagarro SE's Days Sales Outstanding increased from Mar. 2023 (61.16) to Mar. 2024 (71.49).

Nagarro SE Days Sales Outstanding Historical Data

The historical data trend for Nagarro SE'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.

* Premium members only.

Nagarro SE Days Sales Outstanding Chart

Nagarro SE Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.43

65.39

63.24

58.00

67.89

Nagarro SE Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													61.16	63.57	67.48	74.96	71.49

Competitive Comparison of Nagarro SE's Days Sales Outstanding

For the Information Technology Services subindustry, Nagarro SE'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.

Nagarro SE's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Nagarro SE's Days Sales Outstanding falls into.

Nagarro SE 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.

Nagarro SE'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
=	( (156.809	+	182.488)	/	2 )	/	912.055	*	365
=	169.6485					/	912.055	*	365
=	67.89

Nagarro SE's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (182.488	+	190.873)	/	2 )	/	238.294	*	365 / 4
=	186.6805					/	238.294	*	365 / 4
=	71.49

Nagarro SE (LTS:0AA3) Days Sales Outstanding Explanation

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

Nagarro SE Days Sales Outstanding Related Terms

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Nagarro SE (LTS:0AA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nagarro SE (LTS:0AA3) » Definitions » Days Sales Outstanding

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NGRRF:USA NA9d:UK NA9:Germany

Address

Baierbrunner Street 15, Munich, BY, DEU, 81379

Website

https://www.nagarro.com

Nagarro SE is a digital engineering company. It offers application development and management, digital product engineering, artificial intelligence and machine learning, cloud solutions, digital marketing, IoT solutions, digital commerce solutions, managed services, and others. The company's geographical segment includes North America, Central Europe, Rest of Europe, and Rest of World. It derives a majority of its revenue from the Central Europe segment.

Nagarro SE (LTS:0AA3) Headlines

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