Readly International AB (Readly International AB) Days Sales Outstanding : 7.54 (As of Dec. 2023)

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What is Readly International AB Days Sales Outstanding?

Readly International AB's average Accounts Receivable for the three months ended in Dec. 2023 was $1.29 Mil. Readly International AB's Revenue for the three months ended in Dec. 2023 was $15.63 Mil. Hence, Readly International AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.54.

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

RDLYF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.04 Med: 4.49 Max: 16.61
Current: 6.88

During the past 7 years, Readly International AB's highest Days Sales Outstanding was 16.61. The lowest was 3.04. And the median was 4.49.

RDLYF's Days Sales Outstanding is ranked better than
94.93% of 572 companies
in the Interactive Media industry
Industry Median: 45.21 vs RDLYF: 6.88

Readly International AB's Days Sales Outstanding increased from Dec. 2022 (5.05) to Dec. 2023 (7.54).

Readly International AB Days Sales Outstanding Historical Data

The historical data trend for Readly International 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.

* Premium members only.

Readly International AB Days Sales Outstanding Chart

Readly International AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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4.33

2.89

4.02

4.78

6.06

Readly International AB Quarterly Data
	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															5.05	6.11	7.62	7.00	7.54

Competitive Comparison of Readly International AB's Days Sales Outstanding

For the Internet Content & Information subindustry, Readly International 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.

Readly International AB's Days Sales Outstanding Distribution in the Interactive Media Industry

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

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

Readly International 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.

Readly International 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
=	( (0.739	+	1.409)	/	2 )	/	64.641	*	365
=	1.074					/	64.641	*	365
=	6.06

Readly International AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.174	+	1.409)	/	2 )	/	15.628	*	365 / 4
=	1.2915					/	15.628	*	365 / 4
=	7.54

Readly International AB (OTCPK:RDLYF) Days Sales Outstanding Explanation

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

Readly International AB Days Sales Outstanding Related Terms

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Readly International AB (Readly International AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Readly International AB (OTCPK:RDLYF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

READ:Sweden 5GS1:Germany

Address

Kungsgatan 17, PO Box 33 41, Stockholm, SWE, 111 43

Website

https://readly.com

Readly International AB is a provider of digital subscription services that offer access to digital magazines and newspapers. Its subscription gives the user unlimited access to thousands of magazines in around 16 local languages. Geographically company derived its revenue from Germany, UK, Sweden, France, and Others.