Drillcon AB (OSTO:DRIL) Days Sales Outstanding : 77.24 (As of Mar. 2024)

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What is Drillcon AB Days Sales Outstanding?

Drillcon AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr91.0 Mil. Drillcon AB's Revenue for the three months ended in Mar. 2024 was kr107.5 Mil. Hence, Drillcon AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 77.24.

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

OSTO:DRIL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.34 Med: 68.6 Max: 94.95
Current: 94.95

During the past 13 years, Drillcon AB's highest Days Sales Outstanding was 94.95. The lowest was 57.34. And the median was 68.60.

OSTO:DRIL's Days Sales Outstanding is ranked worse than
81.14% of 1039 companies
in the Business Services industry
Industry Median: 58.53 vs OSTO:DRIL: 94.95

Drillcon AB's Days Sales Outstanding declined from Dec. 2022 (83.25) to Mar. 2024 (77.24).

Drillcon AB Days Sales Outstanding Historical Data

The historical data trend for Drillcon 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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Drillcon AB Days Sales Outstanding Chart

Drillcon AB Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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70.07

68.96

71.69

57.34

68.23

Drillcon AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															83.25	73.78	66.87	79.39	77.24

Competitive Comparison of Drillcon AB's Days Sales Outstanding

For the Specialty Business Services subindustry, Drillcon 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.

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

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

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

Drillcon 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.

Drillcon AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (67.459	+	87.317)	/	2 )	/	413.966	*	365
=	77.388					/	413.966	*	365
=	68.23

Drillcon 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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (105.7	+	76.352)	/	2 )	/	107.532	*	365 / 4
=	91.026					/	107.532	*	365 / 4
=	77.24

Drillcon AB (OSTO:DRIL) Days Sales Outstanding Explanation

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

Drillcon AB Days Sales Outstanding Related Terms

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Drillcon AB (OSTO:DRIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Drillcon AB (OSTO:DRIL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Industrivagen 2, Nora, SWE, 713 30

Website

http://www.drillcon.se

Drillcon AB is a service provider of Mining and Construction drilling solutions. The company's segment includes diamond core drilling services such as Percussion drillings, Core drillings and Technical surveys and services; Raiseboring operations such as ventilation, ore and/or waste passes, production slot of raises and / or narrow vein mining and Geoservices segment providing Instruments for borehole deviation surveys, seismic surveys, digital optical borehole imaging and Rock Mechanical In-situ stress measurements.

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