GURUFOCUS.COM » STOCK LIST » Technology » Software » Proact IT Group AB (LTS:0GT3) » Definitions » Days Sales Outstanding

Proact IT Group AB (LTS:0GT3) Days Sales Outstanding : 79.80 (As of Mar. 2025)


View and export this data going back to . Start your Free Trial

What is Proact IT Group AB Days Sales Outstanding?

Proact IT Group AB's average Accounts Receivable for the three months ended in Mar. 2025 was kr1,063 Mil. Proact IT Group AB's Revenue for the three months ended in Mar. 2025 was kr1,216 Mil. Hence, Proact IT Group AB's Days Sales Outstanding for the three months ended in Mar. 2025 was 79.80.

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

LTS:0GT3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.53   Med: 62.2   Max: 95.72
Current: 95.72

During the past 13 years, Proact IT Group AB's highest Days Sales Outstanding was 95.72. The lowest was 53.53. And the median was 62.20.

LTS:0GT3's Days Sales Outstanding is ranked worse than
73.39% of 2736 companies
in the Software industry
Industry Median: 63.12 vs LTS:0GT3: 95.72

Proact IT Group AB's Days Sales Outstanding increased from Mar. 2024 (78.91) to Mar. 2025 (79.80).


Proact IT Group AB Days Sales Outstanding Historical Data

The historical data trend for Proact IT Group AB'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.

Proact IT Group AB Days Sales Outstanding Chart

Proact IT Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.01 56.27 53.53 59.01 55.30

Proact IT Group AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.91 101.09 118.50 79.94 79.80

Competitive Comparison of Proact IT Group AB's Days Sales Outstanding

For the Information Technology Services subindustry, Proact IT Group AB'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.


Proact IT Group AB's Days Sales Outstanding Distribution in the Software Industry

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

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


;
;

Proact IT Group AB 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.

Proact IT Group AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (717.665 + 756.38) / 2 ) / 4864.236*365
=737.0225 / 4864.236*365
=55.30

Proact IT Group AB's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (756.38 + 1369.7) / 2 ) / 1215.5*365 / 4
=1063.04 / 1215.5*365 / 4
=79.80

* 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.


Proact IT Group AB  (LTS:0GT3) Days Sales Outstanding Explanation

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


Proact IT Group AB Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Proact IT Group AB's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Proact IT Group AB Business Description

Traded in Other Exchanges
Address
Frsoundaviks Alle 1, Solna, Stockholm, SWE, 169 04
Proact IT Group AB is a European-based independent datacentre and cloud service provider. The company's solution covers all aspects of data storage, virtualization, networking, and security. Its operating segments are System sales, Service operations, and Other revenue. The company-managed cloud services include service management, software as a service, proactive hybrid cloud, storage as a service, flexpod as a service, and disaster recovery services. It also offers professional services such as delivering transformation, project management and delivery, cloud adoption, and others. The majority of the company's revenue comes from the Nordics and Baltics region.

Proact IT Group AB Headlines

No Headlines