Acast AB (OSTO:ACAST) Days Sales Outstanding : 89.52 (As of Sep. 2024)

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What is Acast AB Days Sales Outstanding?

Acast AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr466 Mil. Acast AB's Revenue for the three months ended in Sep. 2024 was kr475 Mil. Hence, Acast AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 89.52.

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

OSTO:ACAST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.16 Med: 107.37 Max: 130.96
Current: 88.23

During the past 6 years, Acast AB's highest Days Sales Outstanding was 130.96. The lowest was 88.16. And the median was 107.37.

OSTO:ACAST's Days Sales Outstanding is ranked worse than
65.85% of 1016 companies
in the Media - Diversified industry
Industry Median: 66.035 vs OSTO:ACAST: 88.23

Acast AB's Days Sales Outstanding declined from Sep. 2023 (90.81) to Sep. 2024 (89.52).

Acast AB Days Sales Outstanding Historical Data

The historical data trend for Acast 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.

Acast AB Days Sales Outstanding Chart

Acast AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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88.16

120.00

111.08

103.65

98.95

Acast 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															90.81	80.80	97.61	86.06	89.52

Competitive Comparison of Acast AB's Days Sales Outstanding

For the Entertainment subindustry, Acast 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.

Acast AB's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Acast AB's Days Sales Outstanding distribution charts can be found below:

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

Acast 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.

Acast 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
=	( (444.482	+	442.756)	/	2 )	/	1636.371	*	365
=	443.619					/	1636.371	*	365
=	98.95

Acast 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
=	( (460.887	+	471.827)	/	2 )	/	475.375	*	365 / 4
=	466.357					/	475.375	*	365 / 4
=	89.52

Acast AB (OSTO:ACAST) Days Sales Outstanding Explanation

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

Acast AB Days Sales Outstanding Related Terms

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Acast AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Acast AB (OSTO:ACAST) » Definitions » Days Sales Outstanding

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0PN:Germany

Address

Kungsgatan 28, Stockholm, SWE, 111 35

Website

https://www.acast.com

Acast AB is the curated, fully integrated, fastest growing podcast marketplace in the world. It offers podcast hosting, growth, and then monetization through both a creative and curated advertising marketplace, as well as membership features to connect podcasters with paying fans. The group has three operating segments- Europe, North America and others. Majority of revenue is generated from Europe segment.

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