Seamless Distribution Systems AB (NGM:SDS) Days Sales Outstanding : 84.44 (As of Sep. 2023)

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What is Seamless Distribution Systems AB Days Sales Outstanding?

Seamless Distribution Systems AB's average Accounts Receivable for the three months ended in Sep. 2023 was kr59.4 Mil. Seamless Distribution Systems AB's Revenue for the three months ended in Sep. 2023 was kr64.2 Mil. Hence, Seamless Distribution Systems AB's Days Sales Outstanding for the three months ended in Sep. 2023 was 84.44.

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

NGM:SDS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.21 Med: 78.89 Max: 91.2
Current: 86.5

During the past 8 years, Seamless Distribution Systems AB's highest Days Sales Outstanding was 91.20. The lowest was 50.21. And the median was 78.89.

NGM:SDS's Days Sales Outstanding is ranked worse than
71.31% of 2743 companies
in the Software industry
Industry Median: 61.4 vs NGM:SDS: 86.50

Seamless Distribution Systems AB's Days Sales Outstanding increased from Sep. 2022 (61.75) to Sep. 2023 (84.44).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Seamless Distribution Systems AB Days Sales Outstanding Historical Data

The historical data trend for Seamless Distribution Systems 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.

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Seamless Distribution Systems AB Days Sales Outstanding Chart

Seamless Distribution Systems AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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91.16

56.49

50.21

59.74

91.20

Seamless Distribution Systems AB Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															61.75	137.47	79.77	69.85	84.44

Competitive Comparison of Seamless Distribution Systems AB's Days Sales Outstanding

For the Software - Application subindustry, Seamless Distribution Systems 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.

Seamless Distribution Systems AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Seamless Distribution Systems 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.

Seamless Distribution Systems 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
=	( (58.575	+	64.058)	/	2 )	/	245.411	*	365
=	61.3165					/	245.411	*	365
=	91.20

Seamless Distribution Systems AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (54.102	+	64.655)	/	2 )	/	64.168	*	365 / 4
=	59.3785					/	64.168	*	365 / 4
=	84.44

Seamless Distribution Systems AB (NGM:SDS) Days Sales Outstanding Explanation

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

Seamless Distribution Systems AB Days Sales Outstanding Related Terms

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Seamless Distribution Systems AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seamless Distribution Systems AB (NGM:SDS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vasagatan 7, Stockholm, SWE, 111 20

Website

https://www.sds.seamless.se

Seamless Distribution Systems AB is a mobile payments company that provides electronic top-up systems and mobile payment services for mobile operators, distributors, retailers, and consumers.