Binero Group AB (OSTO:BINERO) Days Sales Outstanding : 30.80 (As of Jun. 2024)

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What is Binero Group AB Days Sales Outstanding?

Binero Group AB's average Accounts Receivable for the six months ended in Jun. 2024 was kr34.4 Mil. Binero Group AB's Revenue for the six months ended in Jun. 2024 was kr204.0 Mil. Hence, Binero Group AB's Days Sales Outstanding for the six months ended in Jun. 2024 was 30.80.

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

OSTO:BINERO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.21 Med: 57.37 Max: 224.87
Current: 39.21

During the past 13 years, Binero Group AB's highest Days Sales Outstanding was 224.87. The lowest was 39.21. And the median was 57.37.

OSTO:BINERO's Days Sales Outstanding is ranked better than
77.52% of 2718 companies
in the Software industry
Industry Median: 61.355 vs OSTO:BINERO: 39.21

Binero Group AB's Days Sales Outstanding declined from Jun. 2023 (41.50) to Jun. 2024 (30.80).

Binero Group AB Days Sales Outstanding Historical Data

The historical data trend for Binero Group 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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Binero Group AB Days Sales Outstanding Chart

Binero Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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132.77

47.18

69.42

45.08

44.55

Binero Group AB Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															42.00	40.72	41.50	46.48	30.80

Competitive Comparison of Binero Group AB's Days Sales Outstanding

For the Software - Infrastructure subindustry, Binero Group 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.

Binero Group AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Binero Group 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.

Binero Group 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
=	( (11.247	+	11.262)	/	2 )	/	92.205	*	365
=	11.2545					/	92.205	*	365
=	44.55

Binero Group AB's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (11.262	+	57.6)	/	2 )	/	204	*	365 / 2
=	34.431					/	204	*	365 / 2
=	30.80

Binero Group AB (OSTO:BINERO) Days Sales Outstanding Explanation

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

Binero Group AB Days Sales Outstanding Related Terms

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Binero Group AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Binero Group AB (OSTO:BINERO) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Gustavslundsvagen 141A, Bromma, Stockholm, SWE, 167 51

Website

https://www.binerogroup.com

Binero Group AB is a Swedish provider of digital infrastructure services for small and medium-sized companies. The company's offer includes, among other things, the development and management of a company's IT infrastructure as well as its own public cloud service, called IaaS (infrastructure as a service) that goes by the name of binero cloud. The company also operates several datacenters, where the waste heat is recycled and distributed into the district heating system.

Binero Group AB Headlines

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