Trifork Group AG (OCSE:TRIFOR) Days Sales Outstanding : 71.21 (As of Mar. 2024)

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What is Trifork Group AG Days Sales Outstanding?

Trifork Group AG's average Accounts Receivable for the three months ended in Mar. 2024 was kr293 Mil. Trifork Group AG's Revenue for the three months ended in Mar. 2024 was kr376 Mil. Hence, Trifork Group AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.21.

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

OCSE:TRIFOR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.69 Med: 70.57 Max: 76.34
Current: 67.9

During the past 6 years, Trifork Group AG's highest Days Sales Outstanding was 76.34. The lowest was 65.69. And the median was 70.57.

OCSE:TRIFOR's Days Sales Outstanding is ranked worse than
56.4% of 2734 companies
in the Software industry
Industry Median: 61.68 vs OCSE:TRIFOR: 67.90

Trifork Group AG's Days Sales Outstanding increased from Mar. 2023 (66.54) to Mar. 2024 (71.21).

Trifork Group AG Days Sales Outstanding Historical Data

The historical data trend for Trifork Group AG'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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Trifork Group AG Days Sales Outstanding Chart

Trifork Group AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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65.69

72.05

70.58

70.55

69.55

Trifork Group AG Quarterly Data
	Dec18	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														66.54	64.45	74.41	67.45	71.21

Competitive Comparison of Trifork Group AG's Days Sales Outstanding

For the Information Technology Services subindustry, Trifork Group AG'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.

Trifork Group AG's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Trifork Group AG's Days Sales Outstanding falls into.

Trifork Group AG 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.

Trifork Group AG'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
=	( (263.664	+	326.9)	/	2 )	/	1549.569	*	365
=	295.282					/	1549.569	*	365
=	69.55

Trifork Group AG'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
=	( (326.9	+	259.502)	/	2 )	/	375.731	*	365 / 4
=	293.201					/	375.731	*	365 / 4
=	71.21

Trifork Group AG (OCSE:TRIFOR) Days Sales Outstanding Explanation

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

Trifork Group AG Days Sales Outstanding Related Terms

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Trifork Group AG (OCSE:TRIFOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trifork Group AG (OCSE:TRIFOR) » Definitions » Days Sales Outstanding

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TRIFOc:UK

Address

Neuhofstrasse 10, Schindellegi, CHE, 8834

Website

https://www.trifork.com

Trifork Holding AG is an international IT group focusing on the development of software solutions. The company strives to be at the forefront of digital innovation. It focuses on three vertical business areas namely Digital Health, FinTech and Smart Buildings and three horizontals areas such as Cloud Operations, Cyber Protection and Smart Enterprise.

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