Finseta (LSE:FIN) Days Sales Outstanding : 10.49 (As of Dec. 2023)

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What is Finseta Days Sales Outstanding?

Finseta's average Accounts Receivable for the six months ended in Dec. 2023 was £0.35 Mil. Finseta's Revenue for the six months ended in Dec. 2023 was £6.05 Mil. Hence, Finseta's Days Sales Outstanding for the six months ended in Dec. 2023 was 10.49.

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

LSE:FIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.27 Med: 6.26 Max: 16.8
Current: 11.56

During the past 5 years, Finseta's highest Days Sales Outstanding was 16.80. The lowest was 1.27. And the median was 6.26.

LSE:FIN's Days Sales Outstanding is ranked better than
95.24% of 2732 companies
in the Software industry
Industry Median: 61.675 vs LSE:FIN: 11.56

Finseta's Days Sales Outstanding increased from Dec. 2022 (9.85) to Dec. 2023 (10.49).

Finseta Days Sales Outstanding Historical Data

The historical data trend for Finseta'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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Finseta Days Sales Outstanding Chart

Finseta Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

1.75

1.27

16.80

10.76

Finseta Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			3.11	9.05	9.85	14.44	10.49

Competitive Comparison of Finseta's Days Sales Outstanding

For the Information Technology Services subindustry, Finseta'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.

Finseta's Days Sales Outstanding Distribution in the Software Industry

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

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

Finseta 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.

Finseta'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
=	( (0.222	+	0.347)	/	2 )	/	9.649	*	365
=	0.2845					/	9.649	*	365
=	10.76

Finseta'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.348	+	0.347)	/	2 )	/	6.047	*	365 / 2
=	0.3475					/	6.047	*	365 / 2
=	10.49

Finseta (LSE:FIN) Days Sales Outstanding Explanation

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

Finseta Days Sales Outstanding Related Terms

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Finseta (LSE:FIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Finseta Plc (LSE:FIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

90W:Germany

Address

75 King William Street, London, ENG, MK18 2JR

Website

https://www.cornerstonefs.com

Cornerstone FS PLC is a cloud-based provider of international payment, currency risk management, and electronic account services focused on removing the complexity of international payments for customers.

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