Carasent ASA (OSL:CARA) Days Sales Outstanding : 57.85 (As of Mar. 2024)

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What is Carasent ASA Days Sales Outstanding?

Carasent ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr42.4 Mil. Carasent ASA's Revenue for the three months ended in Mar. 2024 was kr66.9 Mil. Hence, Carasent ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.85.

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

OSL:CARA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.05 Med: 44.55 Max: 131.44
Current: 54.46

During the past 13 years, Carasent ASA's highest Days Sales Outstanding was 131.44. The lowest was 16.05. And the median was 44.55.

OSL:CARA's Days Sales Outstanding is ranked worse than
58.5% of 641 companies
in the Healthcare Providers & Services industry
Industry Median: 46.87 vs OSL:CARA: 54.46

Carasent ASA's Days Sales Outstanding increased from Mar. 2023 (42.49) to Mar. 2024 (57.85).

Carasent ASA Days Sales Outstanding Historical Data

The historical data trend for Carasent ASA'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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Carasent ASA Days Sales Outstanding Chart

Carasent ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.06

48.45

41.48

44.55

47.96

Carasent ASA 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															42.49	44.59	60.92	53.90	57.85

Competitive Comparison of Carasent ASA's Days Sales Outstanding

For the Health Information Services subindustry, Carasent ASA'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.

Carasent ASA's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Carasent ASA's Days Sales Outstanding distribution charts can be found below:

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

Carasent ASA 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.

Carasent ASA'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
=	( (27.575	+	36.548)	/	2 )	/	243.984	*	365
=	32.0615					/	243.984	*	365
=	47.96

Carasent ASA'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
=	( (36.548	+	48.295)	/	2 )	/	66.908	*	365 / 4
=	42.4215					/	66.908	*	365 / 4
=	57.85

Carasent ASA (OSL:CARA) Days Sales Outstanding Explanation

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

Carasent ASA Days Sales Outstanding Related Terms

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Carasent ASA (OSL:CARA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Carasent ASA (OSL:CARA) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

APPO:Sweden C34:Germany

Address

Ovre Slottsgate 2B, Oslo, NOR, 0157

Website

https://www.carasent.com

Carasent ASA is an investment management company that provides services to businesses that develop entrepreneurial and e-health solutions. The company has a system called 'Webdoc' a cloud-based medical record system with integrated add-on services for the private and public health care industry.