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Rockwool AS (OCSE:ROCK A) Days Sales Outstanding : 40.95 (As of Dec. 2023)


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What is Rockwool AS Days Sales Outstanding?

Rockwool AS's average Accounts Receivable for the three months ended in Dec. 2023 was kr3,124 Mil. Rockwool AS's Revenue for the three months ended in Dec. 2023 was kr6,962 Mil. Hence, Rockwool AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.95.

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

OCSE:ROCK A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.54   Med: 36.28   Max: 45.64
Current: 45.64

During the past 13 years, Rockwool AS's highest Days Sales Outstanding was 45.64. The lowest was 30.54. And the median was 36.28.

OCSE:ROCK A's Days Sales Outstanding is ranked better than
76.67% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs OCSE:ROCK A: 45.64

Rockwool AS's Days Sales Outstanding declined from Dec. 2022 (44.11) to Dec. 2023 (40.95).


Rockwool AS Days Sales Outstanding Historical Data

The historical data trend for Rockwool AS'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.

Rockwool AS Days Sales Outstanding Chart

Rockwool AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.32 36.69 32.75 30.54 34.45

Rockwool AS 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.11 46.46 53.68 52.75 40.95

Competitive Comparison of Rockwool AS's Days Sales Outstanding

For the Building Products & Equipment subindustry, Rockwool AS'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.


Rockwool AS's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Rockwool AS's Days Sales Outstanding falls into.



Rockwool AS 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.

Rockwool AS'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
=( (2581.511 + 2511.808) / 2 ) / 26981.435*365
=2546.6595 / 26981.435*365
=34.45

Rockwool AS'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
=( (3736.22 + 2511.808) / 2 ) / 6961.508*365 / 4
=3124.014 / 6961.508*365 / 4
=40.95

* 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.


Rockwool AS  (OCSE:ROCK A) Days Sales Outstanding Explanation

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


Rockwool AS Days Sales Outstanding Related Terms

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Rockwool AS (OCSE:ROCK A) Business Description

Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

Rockwool AS (OCSE:ROCK A) Headlines

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