CAG Group AB (OSTO:CAG) Days Sales Outstanding : 67.61 (As of Mar. 2024)

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What is CAG Group AB Days Sales Outstanding?

CAG Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr171.4 Mil. CAG Group AB's Revenue for the three months ended in Mar. 2024 was kr231.3 Mil. Hence, CAG Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.61.

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

OSTO:CAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.42 Med: 67.92 Max: 80.75
Current: 66.04

During the past 8 years, CAG Group AB's highest Days Sales Outstanding was 80.75. The lowest was 60.42. And the median was 67.92.

OSTO:CAG's Days Sales Outstanding is ranked worse than
54.48% of 2735 companies
in the Software industry
Industry Median: 61.83 vs OSTO:CAG: 66.04

CAG Group AB's Days Sales Outstanding increased from Mar. 2023 (57.36) to Mar. 2024 (67.61).

CAG Group AB Days Sales Outstanding Historical Data

The historical data trend for CAG 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.

* Premium members only.

CAG Group AB Days Sales Outstanding Chart

CAG Group AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.66

60.73

60.42

62.58

65.18

CAG Group 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															57.36	59.33	77.56	61.92	67.61

Competitive Comparison of CAG Group AB's Days Sales Outstanding

For the Information Technology Services subindustry, CAG 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.

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

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

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

CAG 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.

CAG 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
=	( (146.92	+	170.834)	/	2 )	/	889.626	*	365
=	158.877					/	889.626	*	365
=	65.18

CAG Group 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
=	( (170.834	+	171.949)	/	2 )	/	231.324	*	365 / 4
=	171.3915					/	231.324	*	365 / 4
=	67.61

CAG Group AB (OSTO:CAG) Days Sales Outstanding Explanation

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

CAG Group AB Days Sales Outstanding Related Terms

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CAG Group AB (OSTO:CAG) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 37, Box 22564, Stockholm, SWE, 104 22

Website

https://www.cag.se

CAG Group AB is an information technology consulting company. The company's services include information technology managment, system development, operations and training.