Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Days Sales Outstanding : 43.93 (As of Dec. 2023)

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What is Logo Yazilimnayi ve Ticaret AS Days Sales Outstanding?

Logo Yazilimnayi ve Ticaret AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺633 Mil. Logo Yazilimnayi ve Ticaret AS's Revenue for the three months ended in Dec. 2023 was ₺1,314 Mil. Hence, Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.93.

The historical rank and industry rank for Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding or its related term are showing as below:

IST:LOGO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.44 Med: 145.14 Max: 186.8
Current: 65.85

During the past 13 years, Logo Yazilimnayi ve Ticaret AS's highest Days Sales Outstanding was 186.80. The lowest was 61.44. And the median was 145.14.

IST:LOGO's Days Sales Outstanding is ranked worse than
53.89% of 2728 companies
in the Software industry
Industry Median: 61.85 vs IST:LOGO: 65.85

Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding increased from Dec. 2022 (23.18) to Dec. 2023 (43.93).

Logo Yazilimnayi ve Ticaret AS Days Sales Outstanding Historical Data

The historical data trend for Logo Yazilimnayi ve Ticaret AS'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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Logo Yazilimnayi ve Ticaret AS Days Sales Outstanding Chart

Logo Yazilimnayi ve Ticaret AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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150.90

149.62

135.51

61.44

89.19

Logo Yazilimnayi ve Ticaret AS Quarterly Data
	Mar19	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															23.18	93.96	62.19	67.15	43.93

Competitive Comparison of Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding

For the Software - Application subindustry, Logo Yazilimnayi ve Ticaret AS'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.

Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Logo Yazilimnayi ve Ticaret AS's Days Sales Outstanding falls into.

Logo Yazilimnayi ve Ticaret AS 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.

Logo Yazilimnayi ve Ticaret AS'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
=	( (638.397	+	815.652)	/	2 )	/	2975.328	*	365
=	727.0245					/	2975.328	*	365
=	89.19

Logo Yazilimnayi ve Ticaret AS'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
=	( (449.78	+	815.652)	/	2 )	/	1314.194	*	365 / 4
=	632.716					/	1314.194	*	365 / 4
=	43.93

Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Days Sales Outstanding Explanation

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

Logo Yazilimnayi ve Ticaret AS Days Sales Outstanding Related Terms

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Logo Yazilimnayi ve Ticaret AS (IST:LOGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Logo Yazilim Sanayi ve Ticaret AS (IST:LOGO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sahabettin Bilgisu Caddesi, No. 609, Gebze Organize Sanayi Bolgesi, Kocaeli, Gebze, TUR, 41400

Website

https://www.logo.com.tr

Logo Yazilim Sanayi ve Ticaret AS is a software company developing software for engineering and project management. The company's vast array of solutions includes Enterprise Resource Planning solutions, Project Solutions, Small and Medium Enterprise Solutions, Business Analytics Solutions, Human Resource Solutions, Supply Chain Solutions, Integrated Products, Work Flow Management Solutions, Retail Cloud Solutions, Customer Relationship Management Solutions, and Mobile Solutions. The group generates revenue from the sale of off-the-shelf software, logo enterprise membership, SaaS membership, after-sales services, Netsis software license, development of customized software and version upgrade package sales.

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