Spindox SpA (MIL:SPN) Days Sales Outstanding : 120.96 (As of Dec. 2023)

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What is Spindox SpA Days Sales Outstanding?

Spindox SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €32.22 Mil. Spindox SpA's Revenue for the six months ended in Dec. 2023 was €48.61 Mil. Hence, Spindox SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 120.96.

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

MIL:SPN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 114.37 Med: 123.53 Max: 125.34
Current: 121.05

During the past 5 years, Spindox SpA's highest Days Sales Outstanding was 125.34. The lowest was 114.37. And the median was 123.53.

MIL:SPN's Days Sales Outstanding is ranked worse than
82.01% of 2729 companies
in the Software industry
Industry Median: 61.68 vs MIL:SPN: 121.05

Spindox SpA's Days Sales Outstanding increased from Dec. 2022 (118.21) to Dec. 2023 (120.96).

Spindox SpA Days Sales Outstanding Historical Data

The historical data trend for Spindox SpA'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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Spindox SpA Days Sales Outstanding Chart

Spindox SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

124.09

119.36

114.37

125.34

123.53

Spindox SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	105.60	118.21	118.67	120.96

Competitive Comparison of Spindox SpA's Days Sales Outstanding

For the Information Technology Services subindustry, Spindox SpA'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.

Spindox SpA's Days Sales Outstanding Distribution in the Software Industry

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

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

Spindox SpA 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.

Spindox SpA'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
=	( (32.198	+	33.544)	/	2 )	/	97.124	*	365
=	32.871					/	97.124	*	365
=	123.53

Spindox SpA'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
=	( (30.892	+	33.544)	/	2 )	/	48.61	*	365 / 2
=	32.218					/	48.61	*	365 / 2
=	120.96

Spindox SpA (MIL:SPN) Days Sales Outstanding Explanation

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

Spindox SpA Days Sales Outstanding Related Terms

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Spindox SpA (MIL:SPN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spindox SpA (MIL:SPN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

via Bisceglie 76, Milan, ITA, 20152

Website

https://www.spindox.it

Spindox SpA operates in the Information and Communication Technology services and products market. It offers consulting, IT and network engineering services, AI technological solutions, and research support in the Italian market.

Spindox SpA (MIL:SPN) Headlines

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