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Precise Biometrics AB (LTS:0JDU) Days Sales Outstanding : 71.51 (As of Sep. 2024)


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What is Precise Biometrics AB Days Sales Outstanding?

Precise Biometrics AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr17.87 Mil. Precise Biometrics AB's Revenue for the three months ended in Sep. 2024 was kr22.80 Mil. Hence, Precise Biometrics AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 71.51.

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

LTS:0JDU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.73   Med: 56.15   Max: 97.25
Current: 73.21

During the past 13 years, Precise Biometrics AB's highest Days Sales Outstanding was 97.25. The lowest was 32.73. And the median was 56.15.

LTS:0JDU's Days Sales Outstanding is ranked worse than
65.98% of 1026 companies
in the Business Services industry
Industry Median: 58.26 vs LTS:0JDU: 73.21

Precise Biometrics AB's Days Sales Outstanding increased from Sep. 2023 (49.11) to Sep. 2024 (71.51).


Precise Biometrics AB Days Sales Outstanding Historical Data

The historical data trend for Precise Biometrics 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.

Precise Biometrics AB Days Sales Outstanding Chart

Precise Biometrics AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.06 32.73 53.56 54.12 56.24

Precise Biometrics AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 49.11 51.75 85.06 103.61 71.51

Competitive Comparison of Precise Biometrics AB's Days Sales Outstanding

For the Security & Protection Services subindustry, Precise Biometrics 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.


Precise Biometrics AB's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Precise Biometrics AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Precise Biometrics AB's Days Sales Outstanding falls into.



Precise Biometrics 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.

Precise Biometrics AB'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
=( (9.555 + 13.58) / 2 ) / 75.069*365
=11.5675 / 75.069*365
=56.24

Precise Biometrics AB's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (19.897 + 15.836) / 2 ) / 22.799*365 / 4
=17.8665 / 22.799*365 / 4
=71.51

* 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.


Precise Biometrics AB  (LTS:0JDU) Days Sales Outstanding Explanation

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


Precise Biometrics AB Days Sales Outstanding Related Terms

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Precise Biometrics AB Business Description

Traded in Other Exchanges
Address
Scheelevagen 27, Lund, SWE, 223 63
Precise Biometrics AB is engaged in the business of developing and selling identification software for the authentication of people's identity in mobile phones, smart cards, and products with sensors. It has two product segments: Digital Identity and Biometric Technologies. In the Biometric Technologies segment which generates key revenue, the company licenses, among other things, its fingerprint software to sensor manufacturers and includes products like BioMatch, BioLive, and BioEnhance. The Digital Identity segment offers system solutions for visitor management and physical biometric access and includes products like YOUNiQ Access and YOUNiQ Visit.

Precise Biometrics AB Headlines

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