Volvo Car AB (OSTO:VOLCAR B) Days Sales Outstanding : 22.26 (As of Mar. 2024)

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What is Volvo Car AB Days Sales Outstanding?

Volvo Car AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr22,897 Mil. Volvo Car AB's Revenue for the three months ended in Mar. 2024 was kr93,878 Mil. Hence, Volvo Car AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.26.

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

OSTO:VOLCAR B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.94 Med: 20.08 Max: 24.21
Current: 20.65

During the past 6 years, Volvo Car AB's highest Days Sales Outstanding was 24.21. The lowest was 17.94. And the median was 20.08.

OSTO:VOLCAR B's Days Sales Outstanding is ranked better than
85.98% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.345 vs OSTO:VOLCAR B: 20.65

Volvo Car AB's Days Sales Outstanding increased from Mar. 2023 (22.08) to Mar. 2024 (22.26).

Volvo Car AB Days Sales Outstanding Historical Data

The historical data trend for Volvo Car 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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Volvo Car AB Days Sales Outstanding Chart

Volvo Car AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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17.94

19.46

21.57

24.21

20.35

Volvo Car AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												22.08	20.56	22.60	16.63	22.26

Competitive Comparison of Volvo Car AB's Days Sales Outstanding

For the Auto Manufacturers subindustry, Volvo Car 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.

Volvo Car AB's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volvo Car AB's Days Sales Outstanding distribution charts can be found below:

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

Volvo Car 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.

Volvo Car 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
=	( (25239	+	19284)	/	2 )	/	399343	*	365
=	22261.5					/	399343	*	365
=	20.35

Volvo Car 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
=	( (19284	+	26509)	/	2 )	/	93878	*	365 / 4
=	22896.5					/	93878	*	365 / 4
=	22.26

Volvo Car AB (OSTO:VOLCAR 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.

Volvo Car AB Days Sales Outstanding Related Terms

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Volvo Car AB (OSTO:VOLCAR B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Volvo Car AB (OSTO:VOLCAR B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VLVCY:USA VLVOF:USA VOLCBs:UK 8JO:Germany

Address

VAK Building, Gunnar Engellaus Vag, Gothenburg, SWE, 405 31

Website

https://www.volvocars.com

Volvo Car AB manufactures, designs, and supplies automobiles. The company offers a wide range of cars. Geographically, it derives a majority of its revenue from China and also has a presence in the US; Sweden; Germany; United Kingdom; Japan, and South Korea. It generates maximum revenue from the sale of new cars.

Volvo Car AB (OSTO:VOLCAR B) Headlines

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