ELMO Rent AS (OTSE:ELMO) Days Sales Outstanding : 118.28 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ELMO Rent AS Days Sales Outstanding?

ELMO Rent AS's average Accounts Receivable for the six months ended in Jun. 2023 was €0.26 Mil. ELMO Rent AS's Revenue for the six months ended in Jun. 2023 was €0.40 Mil. Hence, ELMO Rent AS's Days Sales Outstanding for the six months ended in Jun. 2023 was 118.28.

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

OTSE:ELMO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.53 Med: 54.81 Max: 87.92
Current: 87.92

During the past 4 years, ELMO Rent AS's highest Days Sales Outstanding was 87.92. The lowest was 49.53. And the median was 54.81.

OTSE:ELMO's Days Sales Outstanding is ranked worse than
77.99% of 1036 companies
in the Business Services industry
Industry Median: 58.24 vs OTSE:ELMO: 87.92

ELMO Rent AS's Days Sales Outstanding increased from Jun. 2022 (79.86) to Jun. 2023 (118.28).

ELMO Rent AS Days Sales Outstanding Historical Data

The historical data trend for ELMO Rent AS'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.

ELMO Rent AS Days Sales Outstanding Chart

ELMO Rent AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

68.27

52.43

49.53

57.18

ELMO Rent AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial			60.83	46.51	79.86	70.62	118.28

Competitive Comparison of ELMO Rent AS's Days Sales Outstanding

For the Rental & Leasing Services subindustry, ELMO Rent AS'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.

ELMO Rent AS's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ELMO Rent AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ELMO Rent AS's Days Sales Outstanding falls into.

ELMO Rent AS 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.

ELMO Rent AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.224	+	0.271)	/	2 )	/	1.58	*	365
=	0.2475					/	1.58	*	365
=	57.18

ELMO Rent AS's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.271	+	0.241)	/	2 )	/	0.395	*	365 / 2
=	0.256					/	0.395	*	365 / 2
=	118.28

ELMO Rent AS (OTSE:ELMO) Days Sales Outstanding Explanation

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

ELMO Rent AS Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of ELMO Rent AS's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

ELMO Rent AS (OTSE:ELMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ELMO Rent AS (OTSE:ELMO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kivi 12, Laane-Harju, Paldiski, EST, 76805

Website

https://www.elmorent.ee

ELMO Rent AS is engaged in the provision of green vehicle-sharing services and the development, launching, and scaling of related green and innovative technologies, such as a vehicle fleet IT operation system, an automatic controller, and a remotely controlled vehicle.

ELMO Rent AS (OTSE:ELMO) Headlines

No Headlines