Believe (XPAR:BLV) Days Sales Outstanding : 73.23 (As of Jun. 2023)

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What is Believe Days Sales Outstanding?

Believe's average Accounts Receivable for the six months ended in Jun. 2023 was €166.7 Mil. Believe's Revenue for the six months ended in Jun. 2023 was €415.4 Mil. Hence, Believe's Days Sales Outstanding for the six months ended in Jun. 2023 was 73.23.

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

XPAR:BLV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.77 Med: 78.19 Max: 91.35
Current: 67.77

During the past 7 years, Believe's highest Days Sales Outstanding was 91.35. The lowest was 67.77. And the median was 78.19.

XPAR:BLV's Days Sales Outstanding is ranked better than
50.29% of 1026 companies
in the Media - Diversified industry
Industry Median: 67.875 vs XPAR:BLV: 67.77

Believe's Days Sales Outstanding declined from Jun. 2022 (76.06) to Jun. 2023 (73.23).

Believe Days Sales Outstanding Historical Data

The historical data trend for Believe'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.

Believe Days Sales Outstanding Chart

Believe Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

78.19

85.97

78.10

70.78

65.70

Believe Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				78.66	76.06	70.45	73.23	68.68

Competitive Comparison of Believe's Days Sales Outstanding

For the Entertainment subindustry, Believe'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.

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

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

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

Believe 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.

Believe'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
=	( (136.627	+	158.456)	/	2 )	/	760.805	*	365
=	147.5415					/	760.805	*	365
=	70.78

Believe'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
=	( (158.456	+	174.941)	/	2 )	/	415.418	*	365 / 2
=	166.6985					/	415.418	*	365 / 2
=	73.23

Believe (XPAR:BLV) Days Sales Outstanding Explanation

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

Believe Days Sales Outstanding Related Terms

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

Believe (XPAR:BLV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Believe SA (XPAR:BLV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8T6:Germany

Address

24 rue Toulouse Lautrec, Paris, FRA, 75017

Website

https://www.believemusic.com

Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels. The Company has identified two operating segments which is Premium Solutions and Automated Solutions. Premium solutions this consists mainly of the sale, promotion and delivery of digital content provided by artists and labels for which the Group is responsible for developing their catalog on digital platforms and social media, as appropriate, using a split revenue model. Automated Solutions whereby the Group enablesartists, via its TuneCore digital platform, to distribute their audio content in an automated manner to streaming and social media platforms in return for a subscription fee or margin. The company generated majority of its revenue from Premium Solutions.

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