CodeMill AB (OSTO:CDMIL) Days Sales Outstanding : 44.64 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is CodeMill AB Days Sales Outstanding?

CodeMill AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr11.15 Mil. CodeMill AB's Revenue for the three months ended in Mar. 2024 was kr22.79 Mil. Hence, CodeMill AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.64.

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

OSTO:CDMIL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.05 Med: 74.09 Max: 81.61
Current: 68.3

During the past 5 years, CodeMill AB's highest Days Sales Outstanding was 81.61. The lowest was 63.05. And the median was 74.09.

OSTO:CDMIL's Days Sales Outstanding is ranked worse than
56.73% of 2734 companies
in the Software industry
Industry Median: 61.68 vs OSTO:CDMIL: 68.30

CodeMill AB's Days Sales Outstanding declined from Dec. 2022 (60.04) to Mar. 2024 (44.64).

CodeMill AB Days Sales Outstanding Historical Data

The historical data trend for CodeMill 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.

CodeMill AB Days Sales Outstanding Chart

CodeMill AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

76.70

74.09

81.61

71.06

63.05

CodeMill AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												60.04	71.50	63.05	56.67	44.64

Competitive Comparison of CodeMill AB's Days Sales Outstanding

For the Software - Application subindustry, CodeMill 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.

CodeMill AB's Days Sales Outstanding Distribution in the Software Industry

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

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

CodeMill 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.

CodeMill 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
=	( (11.768	+	15.451)	/	2 )	/	78.788	*	365
=	13.6095					/	78.788	*	365
=	63.05

CodeMill 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
=	( (15.451	+	6.846)	/	2 )	/	22.79	*	365 / 4
=	11.1485					/	22.79	*	365 / 4
=	44.64

CodeMill AB (OSTO:CDMIL) Days Sales Outstanding Explanation

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

CodeMill AB Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CodeMill AB's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CodeMill AB (OSTO:CDMIL) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sodra Ersmarksgatan 7, Umea, SWE, 903 36

Website

https://www.codemill.se

CodeMill AB is a technology company that offers software development and technical services for video and media companies. Codemill's customers are several of the major Hollywood players including ViacomCBS, TV companies such as BBC, ITV and ProSieben.Sat1, VOD / OTT platforms such as Joyn, as well as publishers and brands such as The Guardian.

CodeMill AB (OSTO:CDMIL) Headlines

No Headlines