Invoicery Group AB (XSAT:FRILAN) Days Sales Outstanding : 38.85 (As of Mar. 2024)

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What is Invoicery Group AB Days Sales Outstanding?

Invoicery Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr161 Mil. Invoicery Group AB's Revenue for the three months ended in Mar. 2024 was kr379 Mil. Hence, Invoicery Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.85.

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

XSAT:FRILAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.4 Med: 42.44 Max: 43.05
Current: 36.4

During the past 2 years, Invoicery Group AB's highest Days Sales Outstanding was 43.05. The lowest was 36.40. And the median was 42.44.

XSAT:FRILAN's Days Sales Outstanding is ranked better than
66.22% of 74 companies
in the Diversified Financial Services industry
Industry Median: 55.96 vs XSAT:FRILAN: 36.40

Invoicery Group AB's Days Sales Outstanding declined from Mar. 2023 (49.19) to Mar. 2024 (38.85).

Invoicery Group AB Days Sales Outstanding Historical Data

The historical data trend for Invoicery Group 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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Invoicery Group AB Days Sales Outstanding Chart

Invoicery Group AB Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

43.05

41.82

Invoicery Group AB Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				49.19	38.10	40.51	33.00	38.85

Competitive Comparison of Invoicery Group AB's Days Sales Outstanding

For the Shell Companies subindustry, Invoicery Group 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.

Invoicery Group AB's Days Sales Outstanding Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Invoicery Group AB's Days Sales Outstanding distribution charts can be found below:

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

Invoicery Group 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.

Invoicery Group 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
=	( (195.614	+	181.142)	/	2 )	/	1644.038	*	365
=	188.378					/	1644.038	*	365
=	41.82

Invoicery Group 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
=	( (181.142	+	141.791)	/	2 )	/	379.26	*	365 / 4
=	161.4665					/	379.26	*	365 / 4
=	38.85

Invoicery Group AB (XSAT:FRILAN) Days Sales Outstanding Explanation

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

Invoicery Group AB Days Sales Outstanding Related Terms

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Invoicery Group AB (XSAT:FRILAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Invoicery Group AB (XSAT:FRILAN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Humlegardsgatan 4, Stockholm, SWE, 114 46

Website

https://www.spactva.se

Invoicery Group AB formerly SPACtva AB is a special purpose acquisition company that intends to acquire an unlisted operating company that will grow and create value in a listed environment.

Invoicery Group AB (XSAT:FRILAN) Headlines

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