Varta AG (STU:VAR) Days Sales Outstanding : 39.73 (As of Sep. 2023)

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What is Varta AG Days Sales Outstanding?

Varta AG's average Accounts Receivable for the three months ended in Sep. 2023 was €93.6 Mil. Varta AG's Revenue for the three months ended in Sep. 2023 was €215.1 Mil. Hence, Varta AG's Days Sales Outstanding for the three months ended in Sep. 2023 was 39.73.

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

STU:VAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.21 Med: 48.31 Max: 2403.36
Current: 46.71

During the past 11 years, Varta AG's highest Days Sales Outstanding was 2403.36. The lowest was 14.21. And the median was 48.31.

STU:VAR's Days Sales Outstanding is ranked better than
85.27% of 2954 companies
in the Industrial Products industry
Industry Median: 79.585 vs STU:VAR: 46.71

Varta AG's Days Sales Outstanding declined from Sep. 2022 (47.58) to Sep. 2023 (39.73).

Varta AG Days Sales Outstanding Historical Data

The historical data trend for Varta AG'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.

Varta AG Days Sales Outstanding Chart

Varta AG Annual Data

Trend

Dec09

Dec10

Dec11

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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31.20

39.40

36.12

57.21

61.81

Varta AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															47.58	41.38	59.61	47.93	39.73

Competitive Comparison of Varta AG's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Varta AG'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.

Varta AG's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Varta AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Varta AG's Days Sales Outstanding falls into.

Varta AG 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.

Varta AG'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
=	( (162.903	+	110.378)	/	2 )	/	806.916	*	365
=	136.6405					/	806.916	*	365
=	61.81

Varta AG's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (79.465	+	107.812)	/	2 )	/	215.055	*	365 / 4
=	93.6385					/	215.055	*	365 / 4
=	39.73

Varta AG (STU:VAR) Days Sales Outstanding Explanation

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

Varta AG Days Sales Outstanding Related Terms

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Varta AG (STU:VAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Varta AG (STU:VAR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VARTY:USA 1VAR:Italy 0GYQ:UK VAR1:Germany VAR1:Austria

Address

VARTA-Platz 1, Ellwangen, BW, DEU, 73479

Website

https://www.varta-ag.com

Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.