Bong AB (OSTO:BONG) Days Sales Outstanding : 34.05 (As of Mar. 2024)

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What is Bong AB Days Sales Outstanding?

Bong AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr190 Mil. Bong AB's Revenue for the three months ended in Mar. 2024 was kr508 Mil. Hence, Bong AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.05.

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

OSTO:BONG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.39 Med: 44.01 Max: 52.34
Current: 36.4

During the past 13 years, Bong AB's highest Days Sales Outstanding was 52.34. The lowest was 32.39. And the median was 44.01.

OSTO:BONG's Days Sales Outstanding is ranked better than
89.71% of 379 companies
in the Packaging & Containers industry
Industry Median: 69.89 vs OSTO:BONG: 36.40

Bong AB's Days Sales Outstanding increased from Mar. 2023 (33.01) to Mar. 2024 (34.05).

Bong AB Days Sales Outstanding Historical Data

The historical data trend for Bong 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.

Bong AB Days Sales Outstanding Chart

Bong AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.09

41.34

41.30

33.77

32.39

Bong AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															33.01	39.87	38.77	31.50	34.05

Competitive Comparison of Bong AB's Days Sales Outstanding

For the Packaging & Containers subindustry, Bong 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.

Bong AB's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Bong AB's Days Sales Outstanding distribution charts can be found below:

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

Bong 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.

Bong AB'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
=	( (192.206	+	178.363)	/	2 )	/	2088.028	*	365
=	185.2845					/	2088.028	*	365
=	32.39

Bong AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (178.363	+	201)	/	2 )	/	508.3	*	365 / 4
=	189.6815					/	508.3	*	365 / 4
=	34.05

Bong AB (OSTO:BONG) Days Sales Outstanding Explanation

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

Bong AB Days Sales Outstanding Related Terms

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Bong AB (OSTO:BONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Bong AB (OSTO:BONG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

20L:Germany

Address

Uddevagen 3, Box 516, Kristianstad, SWE, SE-291 25

Website

http://www.bong.com

Bong AB is a Sweden-based company providing specialized packaging and envelope products. It also offers solutions for the distribution and packaging of information, advertising materials, and lightweight goods. It offers a variety of shapes and sizes in the envelopes including standard and customized envelopes, gifts, and retail packaging products. Geographically, it has operations in Sweden, Nordic and Baltic, Central Europe, North Africa, the United Kingdom, South Europe, and Others.

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