Artificial Solutions International AB (OSTO:ASAI) Days Sales Outstanding : 60.60 (As of Mar. 2024)

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What is Artificial Solutions International AB Days Sales Outstanding?

Artificial Solutions International AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr11.36 Mil. Artificial Solutions International AB's Revenue for the three months ended in Mar. 2024 was kr17.10 Mil. Hence, Artificial Solutions International AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.60.

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

OSTO:ASAI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.35 Med: 52.95 Max: 95.78
Current: 95.78

During the past 10 years, Artificial Solutions International AB's highest Days Sales Outstanding was 95.78. The lowest was 33.35. And the median was 52.95.

OSTO:ASAI's Days Sales Outstanding is ranked worse than
74.79% of 2725 companies
in the Software industry
Industry Median: 61.83 vs OSTO:ASAI: 95.78

Artificial Solutions International AB's Days Sales Outstanding declined from Mar. 2023 (92.24) to Mar. 2024 (60.60).

Artificial Solutions International AB Days Sales Outstanding Historical Data

The historical data trend for Artificial Solutions International 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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Artificial Solutions International AB Days Sales Outstanding Chart

Artificial Solutions International AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.31

33.35

41.58

61.54

54.59

Artificial Solutions International AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															92.24	132.25	117.12	81.81	60.60

Competitive Comparison of Artificial Solutions International AB's Days Sales Outstanding

For the Software - Infrastructure subindustry, Artificial Solutions International 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.

Artificial Solutions International AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Artificial Solutions International 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.

Artificial Solutions International 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
=	( (8.295	+	9.813)	/	2 )	/	60.534	*	365
=	9.054					/	60.534	*	365
=	54.59

Artificial Solutions International 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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (9.813	+	12.9)	/	2 )	/	17.1	*	365 / 4
=	11.3565					/	17.1	*	365 / 4
=	60.60

Artificial Solutions International AB (OSTO:ASAI) Days Sales Outstanding Explanation

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

Artificial Solutions International AB Days Sales Outstanding Related Terms

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Artificial Solutions International AB (OSTO:ASAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Artificial Solutions International AB (OSTO:ASAI) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

5JG:Germany

Address

Stureplan 15, 2nd Floor, Stockholm, SWE, 11145

Website

https://www.artificial-solutions.com

Artificial Solutions International AB is a specialist in Conversational AI. It enables communication with applications, websites, and devices in everyday, humanlike natural language via voice, text, touch, or gesture input. The company's Conversational AI platform Teneo, allows business users and developers to create applications that run across 86 languages and dialects, multiple platforms, and channels in record time. The ability to analyze and make use of the enormous quantities of conversational data is fully integrated within Teneo, delivering unprecedented levels of data insight that reveal what customers are truly thinking. Its Conversational AI technology makes it easy to implement a wide range of natural language applications such as virtual assistants, and conversational bots.

Artificial Solutions International AB (OSTO:ASAI) Headlines

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