Ayfie Group AS (OSL:AYFIE) Days Sales Outstanding : 51.89 (As of Dec. 2023)

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What is Ayfie Group AS Days Sales Outstanding?

Ayfie Group AS's average Accounts Receivable for the six months ended in Dec. 2023 was kr2.76 Mil. Ayfie Group AS's Revenue for the six months ended in Dec. 2023 was kr9.72 Mil. Hence, Ayfie Group AS's Days Sales Outstanding for the six months ended in Dec. 2023 was 51.89.

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

OSL:AYFIE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.47 Med: 56.99 Max: 79.89
Current: 55.35

During the past 7 years, Ayfie Group AS's highest Days Sales Outstanding was 79.89. The lowest was 24.47. And the median was 56.99.

OSL:AYFIE's Days Sales Outstanding is ranked better than
57.95% of 2728 companies
in the Software industry
Industry Median: 61.665 vs OSL:AYFIE: 55.35

Ayfie Group AS's Days Sales Outstanding increased from Dec. 2022 (38.29) to Dec. 2023 (51.89).

Ayfie Group AS Days Sales Outstanding Historical Data

The historical data trend for Ayfie Group AS'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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Ayfie Group AS Days Sales Outstanding Chart

Ayfie Group AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

57.82

31.01

24.47

35.54

56.99

Ayfie Group AS Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						38.15	14.50	38.29	56.91	51.89

Competitive Comparison of Ayfie Group AS's Days Sales Outstanding

For the Software - Application subindustry, Ayfie Group AS'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.

Ayfie Group AS's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Ayfie Group AS's Days Sales Outstanding falls into.

Ayfie Group AS 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.

Ayfie Group AS'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
=	( (3.843	+	2.588)	/	2 )	/	20.595	*	365
=	3.2155					/	20.595	*	365
=	56.99

Ayfie Group AS's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.939	+	2.588)	/	2 )	/	9.72	*	365 / 2
=	2.7635					/	9.72	*	365 / 2
=	51.89

Ayfie Group AS (OSL:AYFIE) Days Sales Outstanding Explanation

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

Ayfie Group AS Days Sales Outstanding Related Terms

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Ayfie Group AS (OSL:AYFIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ayfie Group AS (OSL:AYFIE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Karenslyst Alle 10, Oslo, NOR, 0278

Website

https://www.ayfie.com

Ayfie Group AS is a search company offering intelligent knowledge discovery products and search solutions. The firm is a software company specializing in text analytics and smart research based on natural language processing and machine learning. Its core products are ayfie Inspector and ayfie Locator which is used in the legal, financial, corporate, and compliance markets. The company generates a majority of its revenue from subscriptions and geographically, it generates from Norway.

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