Remedy Entertainment (Remedy Entertainment) Days Sales Outstanding : 160.23 (As of Jun. 2023)

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What is Remedy Entertainment Days Sales Outstanding?

Remedy Entertainment's average Accounts Receivable for the three months ended in Jun. 2023 was $16.94 Mil. Remedy Entertainment's Revenue for the three months ended in Jun. 2023 was $9.65 Mil. Hence, Remedy Entertainment's Days Sales Outstanding for the three months ended in Jun. 2023 was 160.23.

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

RMDEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.59 Med: 30.27 Max: 222.5
Current: 222.5

During the past 9 years, Remedy Entertainment's highest Days Sales Outstanding was 222.50. The lowest was 9.59. And the median was 30.27.

RMDEF's Days Sales Outstanding is ranked worse than
95.61% of 570 companies
in the Interactive Media industry
Industry Median: 45.28 vs RMDEF: 222.50

Remedy Entertainment's Days Sales Outstanding increased from Jun. 2021 (36.14) to Jun. 2023 (160.23).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Remedy Entertainment Days Sales Outstanding Historical Data

The historical data trend for Remedy Entertainment'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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Remedy Entertainment Days Sales Outstanding Chart

Remedy Entertainment Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.71

15.71

94.65

143.34

118.41

Remedy Entertainment Quarterly Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											57.81	163.86	83.43	160.23	-

Competitive Comparison of Remedy Entertainment's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Remedy Entertainment'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.

Remedy Entertainment's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Remedy Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Remedy Entertainment's Days Sales Outstanding falls into.

Remedy Entertainment 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.

Remedy Entertainment'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
=	( (13.484	+	10.525)	/	2 )	/	37.003	*	365
=	12.0045					/	37.003	*	365
=	118.41

Remedy Entertainment's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (13.484	+	20.392)	/	2 )	/	9.646	*	365 / 4
=	16.938					/	9.646	*	365 / 4
=	160.23

Remedy Entertainment (OTCPK:RMDEF) Days Sales Outstanding Explanation

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

Remedy Entertainment Days Sales Outstanding Related Terms

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Remedy Entertainment (Remedy Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Remedy Entertainment PLC (OTCPK:RMDEF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

REMEDY:Finland 8P8:Germany

Address

Luomanportti 3, Espoo, FIN, 02200

Website

https://www.remedygames.com

Remedy Entertainment PLC is a gaming company developing narrative and visually impressive console and computer games, published by partners such as Microsoft, Rockstar Games and Smile Gate. It published games such as Death Rally, Max Payne, among others.