Cenit AG (XTER:CSH) Days Sales Outstanding : 52.09 (As of Dec. 2023)

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What is Cenit AG Days Sales Outstanding?

Cenit AG's average Accounts Receivable for the three months ended in Dec. 2023 was €29.4 Mil. Cenit AG's Revenue for the three months ended in Dec. 2023 was €51.4 Mil. Hence, Cenit AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.09.

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

XTER:CSH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.66 Med: 53.47 Max: 60.72
Current: 53.12

During the past 13 years, Cenit AG's highest Days Sales Outstanding was 60.72. The lowest was 44.66. And the median was 53.47.

XTER:CSH's Days Sales Outstanding is ranked better than
60.71% of 2726 companies
in the Software industry
Industry Median: 61.86 vs XTER:CSH: 53.12

Cenit AG's Days Sales Outstanding increased from Dec. 2022 (43.04) to Dec. 2023 (52.09).

Cenit AG Days Sales Outstanding Historical Data

The historical data trend for Cenit AG'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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Cenit AG Days Sales Outstanding Chart

Cenit AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.66

44.89

49.07

57.11

60.72

Cenit AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															43.04	54.02	51.46	47.38	52.09

Competitive Comparison of Cenit AG's Days Sales Outstanding

For the Software - Application subindustry, Cenit AG'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.

Cenit AG's Days Sales Outstanding Distribution in the Software Industry

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

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

Cenit AG 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.

Cenit AG'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
=	( (26.032	+	35.428)	/	2 )	/	184.72	*	365
=	30.73					/	184.72	*	365
=	60.72

Cenit AG'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (23.274	+	35.428)	/	2 )	/	51.415	*	365 / 4
=	29.351					/	51.415	*	365 / 4
=	52.09

Cenit AG (XTER:CSH) Days Sales Outstanding Explanation

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

Cenit AG Days Sales Outstanding Related Terms

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Cenit AG (XTER:CSH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cenit AG (XTER:CSH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CSH:Germany CSH:Germany CSH:Germany

Address

Industriestrasse 52-54, Stuttgart, DEU, 70565

Website

https://www.cenit.com

Cenit AG is a software and information technology consulting company. It offers Product Lifecycle Management and Enterprise Information Management. The PLM (Product Lifestyle Management) segment focuses on the automotive, aerospace, mechanical engineering, and shipbuilding industries. The Enterprise Information Management focuses on products of the strategic software. The focus of the CENIT Group is on business process optimization and computer-aided design and development technologies. The company's revenue is generated from its Germany segment.

Executives

Axel Otto

Board of Directors