Modelon AB (OSTO:MODEL B) Days Sales Outstanding : 74.23 (As of Mar. 2024)

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What is Modelon AB Days Sales Outstanding?

Modelon AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr14.89 Mil. Modelon AB's Revenue for the three months ended in Mar. 2024 was kr18.30 Mil. Hence, Modelon AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.23.

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

OSTO:MODEL B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 60.17 Med: 97.99 Max: 119.32
Current: 60.17

During the past 5 years, Modelon AB's highest Days Sales Outstanding was 119.32. The lowest was 60.17. And the median was 97.99.

OSTO:MODEL B's Days Sales Outstanding is ranked better than
52.2% of 2724 companies
in the Software industry
Industry Median: 61.82 vs OSTO:MODEL B: 60.17

Modelon AB's Days Sales Outstanding declined from Mar. 2023 (78.57) to Mar. 2024 (74.23).

Modelon AB Days Sales Outstanding Historical Data

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

Modelon AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

99.41

92.74

119.32

97.99

94.19

Modelon AB Quarterly Data
	Dec19	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												78.57	53.84	60.20	67.62	74.23

Competitive Comparison of Modelon AB's Days Sales Outstanding

For the Software - Application subindustry, Modelon 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.

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

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

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

Modelon 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.

Modelon 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
=	( (20.697	+	20.072)	/	2 )	/	78.995	*	365
=	20.3845					/	78.995	*	365
=	94.19

Modelon 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
=	( (20.072	+	9.7)	/	2 )	/	18.3	*	365 / 4
=	14.886					/	18.3	*	365 / 4
=	74.23

Modelon AB (OSTO:MODEL 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.

Modelon AB Days Sales Outstanding Related Terms

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Modelon AB (OSTO:MODEL B) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

3VM1:Germany

Address

Scheelevagen 17, Ideon Science Park, Lund, SWE, SE-223 70

Website

https://www.modelon.com

Modelon AB offers systems modeling and simulation software that accelerates product innovation, development, and operations in a range of industries. The company's flagship product, Modelon Impact, is a cloud-native system simulation software platform featuring a collaborative browser-based interface and thousands of models and components spanning a broad range of applications.

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