Kreate Group (OHEL:KREATE) Days Sales Outstanding : 28.21 (As of Mar. 2024)

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What is Kreate Group Days Sales Outstanding?

Kreate Group's average Accounts Receivable for the three months ended in Mar. 2024 was €16.8 Mil. Kreate Group's Revenue for the three months ended in Mar. 2024 was €54.4 Mil. Hence, Kreate Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 28.21.

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

OHEL:KREATE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.72 Med: 26.52 Max: 29.53
Current: 29.53

During the past 4 years, Kreate Group's highest Days Sales Outstanding was 29.53. The lowest was 22.72. And the median was 26.52.

OHEL:KREATE's Days Sales Outstanding is ranked better than
89.18% of 1645 companies
in the Construction industry
Industry Median: 72.19 vs OHEL:KREATE: 29.53

Kreate Group's Days Sales Outstanding declined from Mar. 2023 (29.19) to Mar. 2024 (28.21).

Kreate Group Days Sales Outstanding Historical Data

The historical data trend for Kreate Group'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.

Kreate Group Days Sales Outstanding Chart

Kreate Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

29.26

27.78

25.26

22.72

Kreate Group Quarterly Data
	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											29.19	30.82	36.01	29.89	28.21

Competitive Comparison of Kreate Group's Days Sales Outstanding

For the Engineering & Construction subindustry, Kreate Group'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.

Kreate Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kreate Group's Days Sales Outstanding distribution charts can be found below:

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

Kreate Group 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.

Kreate Group'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
=	( (20.6	+	19.236)	/	2 )	/	320.021	*	365
=	19.918					/	320.021	*	365
=	22.72

Kreate Group'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
=	( (19.236	+	14.4)	/	2 )	/	54.4	*	365 / 4
=	16.818					/	54.4	*	365 / 4
=	28.21

Kreate Group (OHEL:KREATE) Days Sales Outstanding Explanation

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

Kreate Group Days Sales Outstanding Related Terms

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Kreate Group (OHEL:KREATE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kreate Group PLC (OHEL:KREATE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haarakaari 42, Tuusula, FIN, 04360

Website

https://www.kreate.fi

Kreate Group PLC provides solutions for bridges, roads, and tracks, environmental and foundation construction. The services of the company include Bridge construction and repair, Circular economy, Foundation and concrete construction, Rock engineering, Special foundation construction, and Transport infrastructure construction. The company has one operating segment: Infrastructure Construction.

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