TASK Group Holdings (ASX:TSK) Days Sales Outstanding : 53.85 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is TASK Group Holdings Days Sales Outstanding?

TASK Group Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was A$9.99 Mil. TASK Group Holdings's Revenue for the six months ended in Sep. 2023 was A$33.85 Mil. Hence, TASK Group Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 53.85.

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

ASX:TSK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.92 Med: 52.03 Max: 104.36
Current: 50.86

During the past 13 years, TASK Group Holdings's highest Days Sales Outstanding was 104.36. The lowest was 34.92. And the median was 52.03.

ASX:TSK's Days Sales Outstanding is ranked better than
63.87% of 2732 companies
in the Software industry
Industry Median: 61.675 vs ASX:TSK: 50.86

TASK Group Holdings's Days Sales Outstanding declined from Sep. 2022 (61.06) to Sep. 2023 (53.85).

TASK Group Holdings Days Sales Outstanding Historical Data

The historical data trend for TASK Group Holdings'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.

TASK Group Holdings Days Sales Outstanding Chart

TASK Group Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

34.92

47.53

47.70

57.75

44.57

TASK Group Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															55.85	65.60	61.06	43.66	53.85

Competitive Comparison of TASK Group Holdings's Days Sales Outstanding

For the Software - Application subindustry, TASK Group Holdings'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.

TASK Group Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

TASK Group Holdings 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.

TASK Group Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (6.769	+	7.976)	/	2 )	/	60.375	*	365
=	7.3725					/	60.375	*	365
=	44.57

TASK Group Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (7.976	+	11.998)	/	2 )	/	33.846	*	365 / 2
=	9.987					/	33.846	*	365 / 2
=	53.85

TASK Group Holdings (ASX:TSK) Days Sales Outstanding Explanation

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

TASK Group Holdings Days Sales Outstanding Related Terms

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

TASK Group Holdings (ASX:TSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TASK Group Holdings Ltd (ASX:TSK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Graham Street, Level 2, Auckland, NZL, 1010

Website

https://TASKsoftware.com

TASK Group Holdings Ltd is a provider of technology solutions enabling its various hospitality clients to maximize their customer relationships in an increasingly digital world. TASK's end-to-end cloud-based platform helps clients to improve customer experiences across every transactional touchpoint, including digital customer-facing services, back-ofhouse and enterprise operations. The Group's ecosystem combines transaction services, personalisation, offer management and BI technology to help clients generate operational efficiencies, drive valuable data insights about their consumer base, activate new promotions and build brand loyalty.

TASK Group Holdings (ASX:TSK) Headlines

No Headlines