Addtech AB (OSTO:ADDT B) Days Sales Outstanding : 64.64 (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Addtech AB Days Sales Outstanding?

Addtech AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr3,514 Mil. Addtech AB's Revenue for the three months ended in Dec. 2023 was kr4,960 Mil. Hence, Addtech AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.64.

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

OSTO:ADDT B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.63 Med: 57.98 Max: 64.01
Current: 63.48

During the past 13 years, Addtech AB's highest Days Sales Outstanding was 64.01. The lowest was 52.63. And the median was 57.98.

OSTO:ADDT B's Days Sales Outstanding is ranked worse than
58.62% of 145 companies
in the Industrial Distribution industry
Industry Median: 57.97 vs OSTO:ADDT B: 63.48

Addtech AB's Days Sales Outstanding declined from Dec. 2022 (66.04) to Dec. 2023 (64.64).

Addtech AB Days Sales Outstanding Historical Data

The historical data trend for Addtech AB'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.

Addtech AB Days Sales Outstanding Chart

Addtech AB Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

Get a 7-Day Free Trial

58.39

60.50

62.19

57.44

57.08

Addtech AB 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															66.04	58.07	63.88	70.16	64.64

Competitive Comparison of Addtech AB's Days Sales Outstanding

For the Industrial Distribution subindustry, Addtech AB'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.

Addtech AB's Days Sales Outstanding Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Addtech AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Addtech AB's Days Sales Outstanding falls into.

Addtech AB 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.

Addtech AB's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (2558	+	3295)	/	2 )	/	18714	*	365
=	2926.5					/	18714	*	365
=	57.08

Addtech AB'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
=	( (3673	+	3354)	/	2 )	/	4960	*	365 / 4
=	3513.5					/	4960	*	365 / 4
=	64.64

Addtech AB (OSTO:ADDT B) Days Sales Outstanding Explanation

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

Addtech AB Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Addtech AB's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Addtech AB (OSTO:ADDT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Addtech AB (OSTO:ADDT B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ADDTBs:UK 0QI7:UK AZZ2:Germany

Address

Birger Jarlsgatan 43, Box 5112, Stockholm, SWE, SE-102 43

Website

https://www.addtech.com

Addtech AB is a group of businesses offering high-tech products and solutions to customers in the manufacturing and infrastructure sectors. The company's segment includes Automation; Electrification; Energy; Industrial Solutions and Process Technology. It generates maximum revenue from the Energy segment. Energy produces and sells products for electricity transmission, electrical installation, and safety products in transport.

Addtech AB (OSTO:ADDT B) Headlines

No Headlines