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High Coast Distillery AB (OSTO:HIGHCO B) Days Sales Outstanding : 91.52 (As of Mar. 2024)


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What is High Coast Distillery AB Days Sales Outstanding?

High Coast Distillery AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr10.46 Mil. High Coast Distillery AB's Revenue for the three months ended in Mar. 2024 was kr10.43 Mil. Hence, High Coast Distillery AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 91.52.

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

OSTO:HIGHCO B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.26   Med: 88.68   Max: 110.47
Current: 66.26

During the past 4 years, High Coast Distillery AB's highest Days Sales Outstanding was 110.47. The lowest was 66.26. And the median was 88.68.

OSTO:HIGHCO B's Days Sales Outstanding is ranked worse than
72.51% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.3 vs OSTO:HIGHCO B: 66.26

High Coast Distillery AB's Days Sales Outstanding declined from Mar. 2023 (123.26) to Mar. 2024 (91.52).


High Coast Distillery AB Days Sales Outstanding Historical Data

The historical data trend for High Coast Distillery 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.

High Coast Distillery AB Days Sales Outstanding Chart

High Coast Distillery AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
110.47 86.61 90.74 81.86

High Coast Distillery AB Quarterly Data
Dec20 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 123.26 54.21 64.56 69.82 91.52

Competitive Comparison of High Coast Distillery AB's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, High Coast Distillery 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.


High Coast Distillery AB's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, High Coast Distillery AB's Days Sales Outstanding distribution charts can be found below:

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



High Coast Distillery 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.

High Coast Distillery 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
=( (15.5 + 10.403) / 2 ) / 57.752*365
=12.9515 / 57.752*365
=81.86

High Coast Distillery 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
=( (10.403 + 10.514) / 2 ) / 10.428*365 / 4
=10.4585 / 10.428*365 / 4
=91.52

* 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.


High Coast Distillery AB  (OSTO:HIGHCO 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.


High Coast Distillery AB Days Sales Outstanding Related Terms

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High Coast Distillery AB (OSTO:HIGHCO B) Business Description

Traded in Other Exchanges
N/A
Address
Sörviken 140, Bjärtrå, SWE, 872 96
High Coast Distillery AB (publ) manufactures, stores, bottles, markets and sells single malt whiskey.

High Coast Distillery AB (OSTO:HIGHCO B) Headlines

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