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Luxbright AB (OSTO:LXB) Days Sales Outstanding : 132.13 (As of Dec. 2023)


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What is Luxbright AB Days Sales Outstanding?

Luxbright AB's average Accounts Receivable for the six months ended in Dec. 2023 was kr0.62 Mil. Luxbright AB's Revenue for the six months ended in Dec. 2023 was kr0.86 Mil. Hence, Luxbright AB's Days Sales Outstanding for the six months ended in Dec. 2023 was 132.13.

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

OSTO:LXB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.69   Med: 140.59   Max: 204.49
Current: 193.96

During the past 6 years, Luxbright AB's highest Days Sales Outstanding was 204.49. The lowest was 76.69. And the median was 140.59.

OSTO:LXB's Days Sales Outstanding is ranked worse than
92.34% of 809 companies
in the Medical Devices & Instruments industry
Industry Median: 65.41 vs OSTO:LXB: 193.96

Luxbright AB's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (132.13).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Luxbright AB Days Sales Outstanding Historical Data

The historical data trend for Luxbright 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.

Luxbright AB Days Sales Outstanding Chart

Luxbright AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial - 76.69 - - 204.49

Luxbright AB Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 624.36 - - 132.13

Competitive Comparison of Luxbright AB's Days Sales Outstanding

For the Medical Devices subindustry, Luxbright 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.


Luxbright AB's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Luxbright AB's Days Sales Outstanding distribution charts can be found below:

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



Luxbright 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.

Luxbright 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
=( (0.125 + 0.833) / 2 ) / 0.855*365
=0.479 / 0.855*365
=204.49

Luxbright 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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0.405 + 0.833) / 2 ) / 0.855*365 / 2
=0.619 / 0.855*365 / 2
=132.13

* 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.


Luxbright AB  (OSTO:LXB) Days Sales Outstanding Explanation

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


Luxbright AB Days Sales Outstanding Related Terms

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Luxbright AB (OSTO:LXB) Business Description

Traded in Other Exchanges
Address
Arvid Wallgrens backe 20, Gothenburg, SWE, 41346
Luxbright AB is a technology company focusing on developing and commercializing a new generation of X-ray tubes. The company offers innovative X-ray tubes, generators, and future X-ray systems to international system suppliers in order to improve and protect lives by enabling higher resolution X-ray images. The X-ray tubes are a powerful, stable, and cost-effective alternative to conventional X-ray tubes.

Luxbright AB (OSTO:LXB) Headlines

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