Concejo AB (OSTO:CNCJO B) Days Sales Outstanding : 62.65 (As of Dec. 2023)

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What is Concejo AB Days Sales Outstanding?

Concejo AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr108.0 Mil. Concejo AB's Revenue for the three months ended in Dec. 2023 was kr157.3 Mil. Hence, Concejo AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.65.

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

OSTO:CNCJO B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.83 Med: 92.03 Max: 314.85
Current: 72.95

During the past 13 years, Concejo AB's highest Days Sales Outstanding was 314.85. The lowest was 42.83. And the median was 92.03.

OSTO:CNCJO B's Days Sales Outstanding is ranked worse than
66.38% of 1035 companies
in the Business Services industry
Industry Median: 58.53 vs OSTO:CNCJO B: 72.95

Concejo AB's Days Sales Outstanding declined from Dec. 2022 (63.69) to Dec. 2023 (62.65).

Concejo AB Days Sales Outstanding Historical Data

The historical data trend for Concejo 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.

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Concejo AB Days Sales Outstanding Chart

Concejo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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275.68

94.00

90.06

65.45

42.83

Concejo 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															63.69	75.36	88.38	97.46	62.65

Competitive Comparison of Concejo AB's Days Sales Outstanding

For the Security & Protection Services subindustry, Concejo 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.

Concejo AB's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Concejo AB's Days Sales Outstanding distribution charts can be found below:

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

Concejo 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.

Concejo 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
=	( (66	+	59.6)	/	2 )	/	535.2	*	365
=	62.8					/	535.2	*	365
=	42.83

Concejo 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
=	( (156.4	+	59.6)	/	2 )	/	157.3	*	365 / 4
=	108					/	157.3	*	365 / 4
=	62.65

Concejo AB (OSTO:CNCJO 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.

Concejo AB Days Sales Outstanding Related Terms

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Concejo AB (OSTO:CNCJO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Concejo AB (OSTO:CNCJO B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vastra Finnbodavagen 2-4, P.O. Box 5028, Nacka, SWE, 131 05

Website

https://www.concejo.se

Concejo AB is a mixed investment company with operations conducted in three business areas. Concejo Industrier, SBF Fonder, and Concejo Ventures. The company's segments include Concejo Industrier - Industrial operations, SBF Funder - Fund operations, and Ventures Council - The investment business. It derives revenue from Concejo Industrier which further includes Firenor Internationa, Optronics Technology, ACAF Systems, and SAL Navigation; which offer security systems for firefighting, provides optical gas detectors for various industrial applications.

Concejo AB (OSTO:CNCJO B) Headlines

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