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Free2move AB (NGM:F2M) Days Sales Outstanding : 49.69 (As of Mar. 2024)


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What is Free2move AB Days Sales Outstanding?

Free2move AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr3.14 Mil. Free2move AB's Revenue for the three months ended in Mar. 2024 was kr5.77 Mil. Hence, Free2move AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.69.

The historical rank and industry rank for Free2move AB's Days Sales Outstanding or its related term are showing as below:

NGM:F2M' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.45   Med: 45.08   Max: 236.99
Current: 31.05

During the past 13 years, Free2move AB's highest Days Sales Outstanding was 236.99. The lowest was 16.45. And the median was 45.08.

NGM:F2M's Days Sales Outstanding is ranked better than
84.91% of 2724 companies
in the Software industry
Industry Median: 61.8 vs NGM:F2M: 31.05

Free2move AB's Days Sales Outstanding increased from Dec. 2022 (16.16) to Mar. 2024 (49.69).


Free2move AB Days Sales Outstanding Historical Data

The historical data trend for Free2move 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.

Free2move AB Days Sales Outstanding Chart

Free2move AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 153.91 39.37 52.76 16.45

Free2move AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 16.16 13.16 16.27 25.89 49.69

Competitive Comparison of Free2move AB's Days Sales Outstanding

For the Software - Application subindustry, Free2move 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.


Free2move AB's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Free2move AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Free2move AB's Days Sales Outstanding falls into.



Free2move 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.

Free2move AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (1.731 + 1.745) / 2 ) / 38.563*365
=1.738 / 38.563*365
=16.45

Free2move AB'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: Sep. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (4.32 + 1.968) / 2 ) / 5.774*365 / 4
=3.144 / 5.774*365 / 4
=49.69

* 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.


Free2move AB  (NGM:F2M) Days Sales Outstanding Explanation

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


Free2move AB Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Free2move AB's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Free2move AB (NGM:F2M) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sankt Eriksgatan 117, Stockholm, SWE, 113 43
Free2move AB is a consultant, developer and comprehensive supplier of IoT technology in the form of intelligent sensor networks focusing on real estate automation and infrastructure.

Free2move AB (NGM:F2M) Headlines

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