Freelancer (ASX:FLN) Days Sales Outstanding : 36.49 (As of Dec. 2023)

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What is Freelancer Days Sales Outstanding?

Freelancer's average Accounts Receivable for the six months ended in Dec. 2023 was A$5.24 Mil. Freelancer's Revenue for the six months ended in Dec. 2023 was A$26.22 Mil. Hence, Freelancer's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.49.

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

ASX:FLN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.02 Med: 25.98 Max: 47.03
Current: 38.82

During the past 11 years, Freelancer's highest Days Sales Outstanding was 47.03. The lowest was 16.02. And the median was 25.98.

ASX:FLN's Days Sales Outstanding is ranked better than
76.93% of 1036 companies
in the Business Services industry
Industry Median: 58.395 vs ASX:FLN: 38.82

Freelancer's Days Sales Outstanding declined from Dec. 2022 (42.97) to Dec. 2023 (36.49).

Freelancer Days Sales Outstanding Historical Data

The historical data trend for Freelancer'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.

Freelancer Days Sales Outstanding Chart

Freelancer Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

29.84

39.90

47.03

46.58

42.33

Freelancer Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															38.78	42.37	42.97	37.63	36.49

Competitive Comparison of Freelancer's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Freelancer'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.

Freelancer's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Freelancer 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.

Freelancer'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
=	( (6.534	+	5.837)	/	2 )	/	53.334	*	365
=	6.1855					/	53.334	*	365
=	42.33

Freelancer'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
=	( (4.648	+	5.837)	/	2 )	/	26.218	*	365 / 2
=	5.2425					/	26.218	*	365 / 2
=	36.49

Freelancer (ASX:FLN) Days Sales Outstanding Explanation

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

Freelancer Days Sales Outstanding Related Terms

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

Freelancer (ASX:FLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Freelancer Ltd (ASX:FLN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FLNCF:USA

Address

225 George Street, Level 37, Grosvenor Place, Sydney, NSW, AUS, 2000

Website

https://www.freelancer.com

Freelancer Ltd is engaged in freelancing, outsourcing services, and crowdsourcing marketplace. It offers software development, writing, data entry, and design services. The group is organized into two operating segments: Online marketplace and Online payment services. The company operates predominantly in Australia, where most of the online revenues are incurred.