Exsitec Holding AB (OSTO:EXS) Days Sales Outstanding : 56.06 (As of Mar. 2024)

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What is Exsitec Holding AB Days Sales Outstanding?

Exsitec Holding AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr130.6 Mil. Exsitec Holding AB's Revenue for the three months ended in Mar. 2024 was kr212.6 Mil. Hence, Exsitec Holding AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.06.

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

OSTO:EXS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.45 Med: 62.83 Max: 70.8
Current: 54.45

During the past 6 years, Exsitec Holding AB's highest Days Sales Outstanding was 70.80. The lowest was 54.45. And the median was 62.83.

OSTO:EXS's Days Sales Outstanding is ranked better than
58.99% of 2736 companies
in the Software industry
Industry Median: 61.68 vs OSTO:EXS: 54.45

Exsitec Holding AB's Days Sales Outstanding increased from Mar. 2023 (51.21) to Mar. 2024 (56.06).

Exsitec Holding AB Days Sales Outstanding Historical Data

The historical data trend for Exsitec Holding 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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Exsitec Holding AB Days Sales Outstanding Chart

Exsitec Holding AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.23

58.19

62.12

63.63

63.54

Exsitec Holding 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															51.21	52.72	60.17	50.83	56.06

Competitive Comparison of Exsitec Holding AB's Days Sales Outstanding

For the Information Technology Services subindustry, Exsitec Holding 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.

Exsitec Holding AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Exsitec Holding 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.

Exsitec Holding 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
=	( (119.3	+	142.265)	/	2 )	/	751.273	*	365
=	130.7825					/	751.273	*	365
=	63.54

Exsitec Holding 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
=	( (142.265	+	119.012)	/	2 )	/	212.644	*	365 / 4
=	130.6385					/	212.644	*	365 / 4
=	56.06

Exsitec Holding AB (OSTO:EXS) Days Sales Outstanding Explanation

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

Exsitec Holding AB Days Sales Outstanding Related Terms

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Exsitec Holding AB (OSTO:EXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Exsitec Holding AB (OSTO:EXS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Snickaregatan 40, Linkoping, SWE, 582 26

Website

https://www.exsitec.se

Exsitec Holding AB provides information technology services. The business activities of the company include IT support by providing support, management, and further development of the IT systems of the customers. The company offers e-commerce solutions, software development, IT training, and other related services. The group's operations are managed and reported based on the three operating segments: Sweden, Norway, and Denmark. The majority of its revenue is derived from Sweden.

Exsitec Holding AB (OSTO:EXS) Headlines

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