Kindred Group (LTS:0RDS) Days Sales Outstanding : 10.55 (As of Mar. 2024)

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What is Kindred Group Days Sales Outstanding?

Kindred Group's average Accounts Receivable for the three months ended in Mar. 2024 was kr471 Mil. Kindred Group's Revenue for the three months ended in Mar. 2024 was kr4,071 Mil. Hence, Kindred Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.55.

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

LTS:0RDS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.78 Med: 0.88 Max: 17.78
Current: 17.78

During the past 13 years, Kindred Group's highest Days Sales Outstanding was 17.78. The lowest was 0.78. And the median was 0.88.

LTS:0RDS's Days Sales Outstanding is ranked better than
64.75% of 800 companies
in the Travel & Leisure industry
Industry Median: 29.8 vs LTS:0RDS: 17.78

Kindred Group's Days Sales Outstanding declined from Mar. 2023 (11.12) to Mar. 2024 (10.55).

Kindred Group Days Sales Outstanding Historical Data

The historical data trend for Kindred Group'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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Kindred Group Days Sales Outstanding Chart

Kindred Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.78

0.95

0.88

Kindred Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															11.12	20.93	24.53	12.66	10.55

Competitive Comparison of Kindred Group's Days Sales Outstanding

For the Gambling subindustry, Kindred Group'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.

Kindred Group's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Kindred Group's Days Sales Outstanding distribution charts can be found below:

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

Kindred Group 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.

Kindred Group'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
=	( (37.922	+	37.654)	/	2 )	/	15717.5	*	365
=	37.788					/	15717.5	*	365
=	0.88

Kindred Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (37.654	+	903.547)	/	2 )	/	4070.593	*	365 / 4
=	470.6005					/	4070.593	*	365 / 4
=	10.55

Kindred Group (LTS:0RDS) Days Sales Outstanding Explanation

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

Kindred Group Days Sales Outstanding Related Terms

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Kindred Group (LTS:0RDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kindred Group PLC (LTS:0RDS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KNDGF:USA KIND SDB:Sweden KINDs:UK UNBA:Germany

Address

C/o Camilleri Preziosi, South Street, Level 2, Valletta Buildings, Valletta, MLT, VLT 1103

Website

https://www.kindredgroup.com

Kindred Group PLC is an online gambling and gaming business that licenses online casino, poker, bingo, and sports betting. Its geographical reporting segments are as follows: the Nordics, Western Europe, Central, Eastern & Southern Europe, and Other. The company derives a majority of its revenue from Western Europe through gross winnings, betting duties, marketing revenue share, and other cost of sales. It operates through several different online brands, such as Unibet, Bingo.com, Maria Casino, and iGame. The Casino & Games products account for the most revenue, followed by Sports Betting, Poker, and Other.

Kindred Group (LTS:0RDS) Headlines

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