DevPort AB (OSTO:DEVP B) Days Sales Outstanding : 92.85 (As of Mar. 2024)

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What is DevPort AB Days Sales Outstanding?

DevPort AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr147.6 Mil. DevPort AB's Revenue for the three months ended in Mar. 2024 was kr145.1 Mil. Hence, DevPort AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 92.85.

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

OSTO:DEVP B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.82 Med: 88.91 Max: 111.62
Current: 94.38

During the past 10 years, DevPort AB's highest Days Sales Outstanding was 111.62. The lowest was 55.82. And the median was 88.91.

OSTO:DEVP B's Days Sales Outstanding is ranked worse than
74.39% of 2725 companies
in the Software industry
Industry Median: 61.83 vs OSTO:DEVP B: 94.38

DevPort AB's Days Sales Outstanding declined from Mar. 2023 (93.37) to Mar. 2024 (92.85).

DevPort AB Days Sales Outstanding Historical Data

The historical data trend for DevPort 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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DevPort AB Days Sales Outstanding Chart

DevPort AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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86.43

95.52

87.77

101.63

103.12

DevPort 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															93.37	95.14	104.30	85.06	92.85

Competitive Comparison of DevPort AB's Days Sales Outstanding

For the Software - Application subindustry, DevPort 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.

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

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

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

DevPort 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.

DevPort 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
=	( (160.044	+	150.96)	/	2 )	/	550.427	*	365
=	155.502					/	550.427	*	365
=	103.12

DevPort 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
=	( (150.96	+	144.306)	/	2 )	/	145.085	*	365 / 4
=	147.633					/	145.085	*	365 / 4
=	92.85

DevPort AB (OSTO:DEVP B) Days Sales Outstanding Explanation

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

DevPort AB Days Sales Outstanding Related Terms

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DevPort AB (OSTO:DEVP B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DevPort AB (OSTO:DEVP B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Theres Svenssons gata 10, Gothenburg, SWE, 417 55

Website

http://www.devport.se

DevPort AB is a Sweden based software development company. The company develops systems, mechanics, software and electronics for the industry sector and other customers with similar needs like automotive, medical and defense area.

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