Promotica SpA (MIL:PMT) Days Sales Outstanding : 130.51 (As of Jun. 2023)

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What is Promotica SpA Days Sales Outstanding?

Promotica SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €23.76 Mil. Promotica SpA's Revenue for the six months ended in Jun. 2023 was €33.22 Mil. Hence, Promotica SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 130.51.

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

MIL:PMT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.58 Med: 92.14 Max: 157.12
Current: 111.13

During the past 7 years, Promotica SpA's highest Days Sales Outstanding was 157.12. The lowest was 68.58. And the median was 92.14.

MIL:PMT's Days Sales Outstanding is ranked worse than
84.9% of 1040 companies
in the Business Services industry
Industry Median: 59.25 vs MIL:PMT: 111.13

Promotica SpA's Days Sales Outstanding increased from Jun. 2022 (87.69) to Jun. 2023 (130.51).

Promotica SpA Days Sales Outstanding Historical Data

The historical data trend for Promotica SpA'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.

Promotica SpA Days Sales Outstanding Chart

Promotica SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

83.63

100.64

157.12

76.26

118.24

Promotica SpA Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						134.73	87.69	114.35	130.51	92.73

Competitive Comparison of Promotica SpA's Days Sales Outstanding

For the Consulting Services subindustry, Promotica SpA'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.

Promotica SpA's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Promotica SpA 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.

Promotica SpA'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
=	( (12.476	+	25.072)	/	2 )	/	89.858	*	365
=	18.774					/	89.858	*	365
=	76.26

Promotica SpA'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
=	( (25.072	+	22.441)	/	2 )	/	33.221	*	365 / 2
=	23.7565					/	33.221	*	365 / 2
=	130.51

Promotica SpA (MIL:PMT) Days Sales Outstanding Explanation

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

Promotica SpA Days Sales Outstanding Related Terms

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Promotica SpA (MIL:PMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Promotica SpA (MIL:PMT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Generale dalla Chiesa, 1, Desenzano del Garda (BS), ITA, 25015

Website

https://www.promotica.it

Promotica SpA offers a complete consulting service for promotional planning and development, managing them at each phase from planning of promotional operations, implementation of the communication campaign, procurement of prizes, logistics services, data monitoring to finally measurement of results.