cBrain AS (STU:C6F) Days Sales Outstanding : 77.30 (As of Jun. 2024)

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What is cBrain AS Days Sales Outstanding?

cBrain AS's average Accounts Receivable for the six months ended in Jun. 2024 was €7.90 Mil. cBrain AS's Revenue for the six months ended in Jun. 2024 was €18.65 Mil. Hence, cBrain AS's Days Sales Outstanding for the six months ended in Jun. 2024 was 77.30.

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

STU:C6F' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.34 Med: 102.81 Max: 123.38
Current: 96.17

During the past 13 years, cBrain AS's highest Days Sales Outstanding was 123.38. The lowest was 64.34. And the median was 102.81.

STU:C6F's Days Sales Outstanding is ranked worse than
75.17% of 2726 companies
in the Software industry
Industry Median: 61.41 vs STU:C6F: 96.17

cBrain AS's Days Sales Outstanding declined from Jun. 2023 (81.44) to Jun. 2024 (77.30).

cBrain AS Days Sales Outstanding Historical Data

The historical data trend for cBrain AS'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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cBrain AS Days Sales Outstanding Chart

cBrain AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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123.45

111.41

79.23

66.14

64.40

cBrain AS Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															91.64	106.37	81.44	102.76	77.30

Competitive Comparison of cBrain AS's Days Sales Outstanding

For the Software - Application subindustry, cBrain AS'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.

cBrain AS's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where cBrain AS's Days Sales Outstanding falls into.

cBrain AS 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.

cBrain AS'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
=	( (5.446	+	5.877)	/	2 )	/	32.09	*	365
=	5.6615					/	32.09	*	365
=	64.40

cBrain AS's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (5.877	+	9.92)	/	2 )	/	18.648	*	365 / 2
=	7.8985					/	18.648	*	365 / 2
=	77.30

cBrain AS (STU:C6F) Days Sales Outstanding Explanation

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

cBrain AS Days Sales Outstanding Related Terms

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cBrain AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » cBrain AS (STU:C6F) » Definitions » Days Sales Outstanding

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0DWV:UK CBRAIN:Denmark

Address

Kalkbraenderilobskaj 2, Copenhagen, DNK, 2100

Website

https://www.cbrain.dk

cBrain AS is software engineering company. It is engaged in delivering Information Technology solutions for optimizing processes and workflows. It solutions include, document management, E-government, business administration, community service and management, and workflow management. It develops and delivers solutions based on standard products F2 and M4, as through configuration and modeling can support all professional processes.

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