Acusensus (ASX:ACE) Days Sales Outstanding : 46.30 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Acusensus Days Sales Outstanding?

Acusensus's average Accounts Receivable for the six months ended in Jun. 2023 was A$5.33 Mil. Acusensus's Revenue for the six months ended in Jun. 2023 was A$42.01 Mil. Hence, Acusensus's Days Sales Outstanding for the six months ended in Jun. 2023 was 23.15.

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

ASX:ACE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.3 Med: 46.3 Max: 46.3
Current: 46.3

During the past 2 years, Acusensus's highest Days Sales Outstanding was 46.30. The lowest was 46.30. And the median was 46.30.

ASX:ACE's Days Sales Outstanding is ranked better than
69.65% of 2735 companies
in the Software industry
Industry Median: 61.83 vs ASX:ACE: 46.30

Acusensus's Days Sales Outstanding increased from . 20 (0.00) to Jun. 2023 (46.30).

Acusensus Days Sales Outstanding Historical Data

The historical data trend for Acusensus'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.

Acusensus Days Sales Outstanding Chart

Acusensus Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

46.30

Acusensus Semi-Annual Data
	Jun22	Jun23
Days Sales Outstanding	-	46.30

Competitive Comparison of Acusensus's Days Sales Outstanding

For the Software - Infrastructure subindustry, Acusensus'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.

Acusensus's Days Sales Outstanding Distribution in the Software Industry

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

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

Acusensus 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.

Acusensus's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (3.638	+	7.019)	/	2 )	/	42.005	*	365
=	5.3285					/	42.005	*	365
=	46.30

Acusensus'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: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (3.638	+	7.019)	/	2 )	/	42.005	*	365 / 2
=	5.3285					/	42.005	*	365 / 2
=	23.15

Acusensus (ASX:ACE) Days Sales Outstanding Explanation

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

Acusensus Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Acusensus's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Acusensus (ASX:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acusensus Ltd (ASX:ACE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Queen Street, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.acusensus.com

Acusensus Ltd is involved in developing and commercializing intelligent traffic solutions technology. Its 'Heads-Up' solution has been designed to give authorities a tool to address distraction and other illegal driver behavior, to drive behavioral change on the road network. It also provides Data security solutions. The company's main objective is to Pioneer intelligent solutions to tackle difficult societal challenges, reduce road trauma and save lives. Geographically the company generates the majority of its revenue from Australia.

Acusensus (ASX:ACE) Headlines

No Headlines