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DistIT AB (OSTO:DIST) Days Sales Outstanding : 60.07 (As of Mar. 2024)


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What is DistIT AB Days Sales Outstanding?

DistIT AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr301 Mil. DistIT AB's Revenue for the three months ended in Mar. 2024 was kr458 Mil. Hence, DistIT AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.07.

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

OSTO:DIST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.34   Med: 68.33   Max: 82.13
Current: 64.93

During the past 13 years, DistIT AB's highest Days Sales Outstanding was 82.13. The lowest was 63.34. And the median was 68.33.

OSTO:DIST's Days Sales Outstanding is ranked better than
60.98% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs OSTO:DIST: 64.93

DistIT AB's Days Sales Outstanding declined from Mar. 2023 (62.87) to Mar. 2024 (60.07).


DistIT AB Days Sales Outstanding Historical Data

The historical data trend for DistIT 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.

DistIT AB Days Sales Outstanding Chart

DistIT AB 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 66.55 67.52 69.49 68.48 68.04

DistIT 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 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 62.87 68.12 72.14 62.67 60.07

Competitive Comparison of DistIT AB's Days Sales Outstanding

For the Electronics & Computer Distribution subindustry, DistIT 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.


DistIT AB's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DistIT AB's Days Sales Outstanding distribution charts can be found below:

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



DistIT 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.

DistIT 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
=( (458.712 + 328.922) / 2 ) / 2112.615*365
=393.817 / 2112.615*365
=68.04

DistIT 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
=( (328.922 + 273.4) / 2 ) / 457.5*365 / 4
=301.161 / 457.5*365 / 4
=60.07

* 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.


DistIT AB  (OSTO:DIST) Days Sales Outstanding Explanation

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


DistIT AB Days Sales Outstanding Related Terms

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DistIT AB (OSTO:DIST) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Alfred Nobels Allé 109, Tullinge, SWE, 146 48
DistIT AB will acquires, owns and develops niche distributors in Information Technology, mobility, consumer electronics, networks and data communications in the primary Nordic and Baltic countries. The company sells products through Home electronics chains, discount stores, grocery stores, retailers, telecom, e-commerce, consultants and office warehouses.