Econocom Group SE (XBRU:ECONB) Days Sales Outstanding : 104.05 (As of Dec. 2023)

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What is Econocom Group SE Days Sales Outstanding?

Econocom Group SE's average Accounts Receivable for the six months ended in Dec. 2023 was €766 Mil. Econocom Group SE's Revenue for the six months ended in Dec. 2023 was €1,344 Mil. Hence, Econocom Group SE's Days Sales Outstanding for the six months ended in Dec. 2023 was 104.05.

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

XBRU:ECONB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 104.52 Med: 116.7 Max: 136.74
Current: 106.26

During the past 13 years, Econocom Group SE's highest Days Sales Outstanding was 136.74. The lowest was 104.52. And the median was 116.70.

XBRU:ECONB's Days Sales Outstanding is ranked worse than
78.65% of 2726 companies
in the Software industry
Industry Median: 61.895 vs XBRU:ECONB: 106.26

Econocom Group SE's Days Sales Outstanding declined from Dec. 2022 (113.86) to Dec. 2023 (104.05).

Econocom Group SE Days Sales Outstanding Historical Data

The historical data trend for Econocom Group SE'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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Econocom Group SE Days Sales Outstanding Chart

Econocom Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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136.74

131.31

119.15

108.58

104.52

Econocom Group SE 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															106.24	109.91	113.86	110.23	104.05

Competitive Comparison of Econocom Group SE's Days Sales Outstanding

For the Information Technology Services subindustry, Econocom Group SE'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.

Econocom Group SE's Days Sales Outstanding Distribution in the Software Industry

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

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

Econocom Group SE 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.

Econocom Group SE'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
=	( (809.2	+	726.4)	/	2 )	/	2681.2	*	365
=	767.8					/	2681.2	*	365
=	104.52

Econocom Group SE'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
=	( (806.1	+	726.4)	/	2 )	/	1344	*	365 / 2
=	766.25					/	1344	*	365 / 2
=	104.05

Econocom Group SE (XBRU:ECONB) Days Sales Outstanding Explanation

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

Econocom Group SE Days Sales Outstanding Related Terms

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Econocom Group SE (XBRU:ECONB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Econocom Group SE (XBRU:ECONB) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

0RPX:UK 1E91:Germany

Address

11 square Leon Blum, Puteaux, FRA, 92800

Website

https://www.econocom.com

Econocom Group SE Formerly Econocom Group SA/NV is a European company that designs, finances, and oversees the digital transformation of businesses. The company provides consulting technology management, and financing of digital assets under the Econocom and Atlance brands, as well as application and digital solution services for client companies' IT systems. Additionally, Econocom provides security guidelines and tools, web and mobile applications, and project financing. The company generates revenue from France, Benelux, and other regions in Europe and the Americas, with France representing more than half of total sales. The company operates through three segments: Technology management and financing and Digital Services & Solutions.

Econocom Group SE (XBRU:ECONB) Headlines

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