River Tech (OSL:RIVER) Days Sales Outstanding : 80.26 (As of Dec. 2023)

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What is River Tech Days Sales Outstanding?

River Tech's average Accounts Receivable for the six months ended in Dec. 2023 was kr39.8 Mil. River Tech's Revenue for the six months ended in Dec. 2023 was kr90.4 Mil. Hence, River Tech's Days Sales Outstanding for the six months ended in Dec. 2023 was 80.26.

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

OSL:RIVER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.38 Med: 43.53 Max: 136.49
Current: 65.66

During the past 7 years, River Tech's highest Days Sales Outstanding was 136.49. The lowest was 35.38. And the median was 43.53.

OSL:RIVER's Days Sales Outstanding is ranked worse than
53.91% of 2734 companies
in the Software industry
Industry Median: 61.83 vs OSL:RIVER: 65.66

River Tech's Days Sales Outstanding increased from Dec. 2022 (47.51) to Dec. 2023 (80.26).

River Tech Days Sales Outstanding Historical Data

The historical data trend for River Tech'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.

* Premium members only.

River Tech Days Sales Outstanding Chart

River Tech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.43

47.03

40.03

35.38

53.97

River Tech Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							25.59	44.53	47.51	62.95	80.26

Competitive Comparison of River Tech's Days Sales Outstanding

For the Information Technology Services subindustry, River Tech'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.

River Tech's Days Sales Outstanding Distribution in the Software Industry

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

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

River Tech 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.

River Tech'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
=	( (16.735	+	35.583)	/	2 )	/	176.901	*	365
=	26.159					/	176.901	*	365
=	53.97

River Tech'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
=	( (43.934	+	35.583)	/	2 )	/	90.4	*	365 / 2
=	39.7585					/	90.4	*	365 / 2
=	80.26

River Tech (OSL:RIVER) Days Sales Outstanding Explanation

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

River Tech Days Sales Outstanding Related Terms

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River Tech (OSL:RIVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » River Tech PLC (OSL:RIVER) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Dragonara Road, Aragon House Business Center, Saint Julian's, MLT, STJ 3140

Website

https://www.river.tech

River Tech PLC is a technology company. The company offers business to business technology products. The company is focused on assisting companies with specialist competencies, by providing secure and tailormade, yet user-friendly solutions, for the delivery of services within the online sphere.

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