Foris AG (XTER:FRS) Days Sales Outstanding : 73.26 (As of Dec. 2023)

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What is Foris AG Days Sales Outstanding?

Foris AG's average Accounts Receivable for the six months ended in Dec. 2023 was €4.64 Mil. Foris AG's Revenue for the six months ended in Dec. 2023 was €11.57 Mil. Hence, Foris AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 73.26.

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

XTER:FRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.63 Med: 31.56 Max: 58.62
Current: 58.62

During the past 13 years, Foris AG's highest Days Sales Outstanding was 58.62. The lowest was 14.63. And the median was 31.56.

XTER:FRS's Days Sales Outstanding is ranked worse than
56.02% of 266 companies
in the Credit Services industry
Industry Median: 42.225 vs XTER:FRS: 58.62

Foris AG's Days Sales Outstanding increased from Dec. 2022 (30.32) to Dec. 2023 (73.26).

Foris AG Days Sales Outstanding Historical Data

The historical data trend for Foris 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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Foris AG Days Sales Outstanding Chart

Foris AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.03

30.09

14.63

22.11

49.23

Foris AG 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															11.61	23.32	30.32	53.31	73.26

Competitive Comparison of Foris AG's Days Sales Outstanding

For the Credit Services subindustry, Foris 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.

Foris AG's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Foris AG's Days Sales Outstanding distribution charts can be found below:

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

Foris 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.

Foris 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
=	( (1.825	+	4.397)	/	2 )	/	23.064	*	365
=	3.111					/	23.064	*	365
=	49.23

Foris 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4.891	+	4.397)	/	2 )	/	11.569	*	365 / 2
=	4.644					/	11.569	*	365 / 2
=	73.26

Foris AG (XTER:FRS) Days Sales Outstanding Explanation

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

Foris AG Days Sales Outstanding Related Terms

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Foris AG (XTER:FRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Foris AG (XTER:FRS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FRS:Germany FRS:Germany

Address

Kurt-Schumacher-Str. 18 - 20, Bonn, DEU, 53113

Website

http://www.foris.de

Foris AG is a commercial litigation financing company.

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