Tingsvalvet Fastighets AB (XSAT:TINGS A) Days Sales Outstanding : 11.83 (As of Mar. 2024)

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What is Tingsvalvet Fastighets AB Days Sales Outstanding?

Tingsvalvet Fastighets AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr4.9 Mil. Tingsvalvet Fastighets AB's Revenue for the three months ended in Mar. 2024 was kr38.2 Mil. Hence, Tingsvalvet Fastighets AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.83.

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

XSAT:TINGS A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.02 Med: 17.47 Max: 20.76
Current: 15.02

During the past 5 years, Tingsvalvet Fastighets AB's highest Days Sales Outstanding was 20.76. The lowest was 15.02. And the median was 17.47.

XSAT:TINGS A's Days Sales Outstanding is ranked better than
69.54% of 1668 companies
in the Real Estate industry
Industry Median: 36.87 vs XSAT:TINGS A: 15.02

Tingsvalvet Fastighets AB's Days Sales Outstanding declined from Mar. 2023 (18.11) to Mar. 2024 (11.83).

Tingsvalvet Fastighets AB Days Sales Outstanding Historical Data

The historical data trend for Tingsvalvet Fastighets 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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Tingsvalvet Fastighets AB Days Sales Outstanding Chart

Tingsvalvet Fastighets AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

17.47

20.76

15.71

Tingsvalvet Fastighets AB Quarterly Data
	May19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															18.11	-	-	13.49	11.83

Competitive Comparison of Tingsvalvet Fastighets AB's Days Sales Outstanding

For the Real Estate - Development subindustry, Tingsvalvet Fastighets 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.

Tingsvalvet Fastighets AB's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tingsvalvet Fastighets AB's Days Sales Outstanding distribution charts can be found below:

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

Tingsvalvet Fastighets 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.

Tingsvalvet Fastighets 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
=	( (6.387	+	4.948)	/	2 )	/	131.714	*	365
=	5.6675					/	131.714	*	365
=	15.71

Tingsvalvet Fastighets 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
=	( (4.948	+	0)	/	1 )	/	38.181	*	365 / 4
=	4.948					/	38.181	*	365 / 4
=	11.83

Tingsvalvet Fastighets AB (XSAT:TINGS A) Days Sales Outstanding Explanation

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

Tingsvalvet Fastighets AB Days Sales Outstanding Related Terms

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Tingsvalvet Fastighets AB (XSAT:TINGS A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tingsvalvet Fastighets AB (XSAT:TINGS A) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

TINGS B:Sweden

Address

c/o Arctic Securities AS, filial Sverige, Biblioteksgatan 8, 3tr., Stockholm, SWE, 111 46

Website

https://www.tingsvalvet.se

Tingsvalvet Fastighets AB is a Swedish real estate company that owns, manages and leases office, retail and restaurant premises in central Karlstad.

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