Gremi Media (WAR:GME) Days Sales Outstanding : 99.20 (As of Mar. 2024)

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What is Gremi Media Days Sales Outstanding?

Gremi Media's average Accounts Receivable for the three months ended in Mar. 2024 was zł24.66 Mil. Gremi Media's Revenue for the three months ended in Mar. 2024 was zł22.68 Mil. Hence, Gremi Media's Days Sales Outstanding for the three months ended in Mar. 2024 was 99.20.

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

WAR:GME' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.64 Med: 76.18 Max: 119.54
Current: 119.54

During the past 11 years, Gremi Media's highest Days Sales Outstanding was 119.54. The lowest was 57.64. And the median was 76.18.

WAR:GME's Days Sales Outstanding is ranked worse than
76.92% of 1027 companies
in the Media - Diversified industry
Industry Median: 67.88 vs WAR:GME: 119.54

Gremi Media's Days Sales Outstanding declined from Mar. 2023 (117.19) to Mar. 2024 (99.20).

Gremi Media Days Sales Outstanding Historical Data

The historical data trend for Gremi Media'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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Gremi Media Days Sales Outstanding Chart

Gremi Media Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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76.12

70.84

64.88

70.11

57.64

Gremi Media 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															117.19	143.09	139.01	84.22	99.20

Competitive Comparison of Gremi Media's Days Sales Outstanding

For the Publishing subindustry, Gremi Media'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.

Gremi Media's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gremi Media's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Gremi Media's Days Sales Outstanding falls into.

Gremi Media 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.

Gremi Media'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
=	( (17.35	+	13.875)	/	2 )	/	98.859	*	365
=	15.6125					/	98.859	*	365
=	57.64

Gremi Media'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
=	( (13.875	+	35.437)	/	2 )	/	22.679	*	365 / 4
=	24.656					/	22.679	*	365 / 4
=	99.20

Gremi Media (WAR:GME) Days Sales Outstanding Explanation

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

Gremi Media Days Sales Outstanding Related Terms

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Gremi Media (WAR:GME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gremi Media SA (WAR:GME) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Prosta 51, Prosta Office Center, Warszawa, POL, 00-838

Website

https://www.gremimedia.pl

Gremi Media SA is a Poland based company, engages in offering economic and business press and an Internet portfolio for professionals and senior managers. It is a polish publisher offering specialized business and legal content in online and offline media. It presents daily commentaries and analyses relating to political, economic and legal events. It offers different services: Compress SA, specializing in creating comprehensive PR strategies and communication solutions.