Akcept Finance (WAR:AFC) Days Sales Outstanding : 1,001.35 (As of Sep. 2024)

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What is Akcept Finance Days Sales Outstanding?

Akcept Finance's average Accounts Receivable for the three months ended in Sep. 2024 was zł0.21 Mil. Akcept Finance's Revenue for the three months ended in Sep. 2024 was zł0.02 Mil. Hence, Akcept Finance's Days Sales Outstanding for the three months ended in Sep. 2024 was 1,001.35.

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

WAR:AFC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 164.1 Med: 248.62 Max: 1580.58
Current: 1292.5

During the past 13 years, Akcept Finance's highest Days Sales Outstanding was 1580.58. The lowest was 164.10. And the median was 248.62.

WAR:AFC's Days Sales Outstanding is ranked worse than
91.84% of 282 companies
in the Credit Services industry
Industry Median: 43.53 vs WAR:AFC: 1292.50

Akcept Finance's Days Sales Outstanding increased from Sep. 2023 (916.59) to Sep. 2024 (1,001.35).

Akcept Finance Days Sales Outstanding Historical Data

The historical data trend for Akcept Finance'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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Akcept Finance Days Sales Outstanding Chart

Akcept Finance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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245.82

762.10

382.46

1,580.58

1,513.48

Akcept Finance Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															916.59	1,609.71	1,002.25	1,008.55	1,001.35

Competitive Comparison of Akcept Finance's Days Sales Outstanding

For the Credit Services subindustry, Akcept Finance'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.

Akcept Finance's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Akcept Finance's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Akcept Finance's Days Sales Outstanding falls into.

Akcept Finance 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.

Akcept Finance'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
=	( (1.135	+	1.129)	/	2 )	/	0.273	*	365
=	1.132					/	0.273	*	365
=	1,513.48

Akcept Finance's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0.209	+	0.208)	/	2 )	/	0.019	*	365 / 4
=	0.2085					/	0.019	*	365 / 4
=	1,001.35

Akcept Finance (WAR:AFC) Days Sales Outstanding Explanation

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

Akcept Finance Days Sales Outstanding Related Terms

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Akcept Finance Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Akcept Finance SA (WAR:AFC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Mikolowska 29, Myslowice, POL, 41-400

Website

http://www.akceptfinance.pl

Akcept Finance SA provides various financial services to micro-enterprises, SMEs, and publicly traded companies. The company's financial services include full factoring services, half-factoring, discounting of bills and funds raising in Europe.