Trophy Games Development A/S (OCSE:TGAMES) Days Sales Outstanding : 29.62 (As of Dec. 2023)

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What is Trophy Games Development A/S Days Sales Outstanding?

Trophy Games Development A/S's average Accounts Receivable for the six months ended in Dec. 2023 was kr4.75 Mil. Trophy Games Development A/S's Revenue for the six months ended in Dec. 2023 was kr29.24 Mil. Hence, Trophy Games Development A/S's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.62.

The historical rank and industry rank for Trophy Games Development A/S's Days Sales Outstanding or its related term are showing as below:

OCSE:TGAMES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.57 Med: 32.49 Max: 46.66
Current: 30.35

During the past 5 years, Trophy Games Development A/S's highest Days Sales Outstanding was 46.66. The lowest was 27.57. And the median was 32.49.

OCSE:TGAMES's Days Sales Outstanding is ranked better than
76.88% of 571 companies
in the Interactive Media industry
Industry Median: 44.79 vs OCSE:TGAMES: 30.35

Trophy Games Development A/S's Days Sales Outstanding declined from Dec. 2022 (31.96) to Dec. 2023 (29.62).

Trophy Games Development A/S Days Sales Outstanding Historical Data

The historical data trend for Trophy Games Development A/S'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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Trophy Games Development A/S Days Sales Outstanding Chart

Trophy Games Development A/S Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

46.66

33.73

32.49

27.57

29.46

Trophy Games Development A/S Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				28.69	28.26	31.96	32.15	29.62

Competitive Comparison of Trophy Games Development A/S's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Trophy Games Development A/S'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.

Trophy Games Development A/S's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Trophy Games Development A/S's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Trophy Games Development A/S's Days Sales Outstanding falls into.

Trophy Games Development A/S 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.

Trophy Games Development A/S'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
=	( (4.086	+	4.7)	/	2 )	/	54.435	*	365
=	4.393					/	54.435	*	365
=	29.46

Trophy Games Development A/S'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
=	( (4.791	+	4.7)	/	2 )	/	29.241	*	365 / 2
=	4.7455					/	29.241	*	365 / 2
=	29.62

Trophy Games Development A/S (OCSE:TGAMES) Days Sales Outstanding Explanation

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

Trophy Games Development A/S Days Sales Outstanding Related Terms

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Trophy Games Development A/S (OCSE:TGAMES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Trophy Games Development A/S (OCSE:TGAMES) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mikkel Bryggers Gade 4, 2nd Floor, Copenhagen, DNK, 1460

Website

https://www.trophy-games.com

Trophy Games Development A/S is a Denmark-based game that develops and publishes mobile and pc games. Its game studio provides endless entertainment and challenging gameplay for all players. The company offers games for mobile, Steam and browser.

Trophy Games Development A/S (OCSE:TGAMES) Headlines

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