Surteco Group SE (XTER:SUR) Days Sales Outstanding : 34.37 (As of Mar. 2024)

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What is Surteco Group SE Days Sales Outstanding?

Surteco Group SE's average Accounts Receivable for the three months ended in Mar. 2024 was €83.7 Mil. Surteco Group SE's Revenue for the three months ended in Mar. 2024 was €222.3 Mil. Hence, Surteco Group SE's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.37.

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

XTER:SUR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.08 Med: 30.95 Max: 40.43
Current: 40.43

During the past 13 years, Surteco Group SE's highest Days Sales Outstanding was 40.43. The lowest was 29.08. And the median was 30.95.

XTER:SUR's Days Sales Outstanding is ranked better than
81.9% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs XTER:SUR: 40.43

Surteco Group SE's Days Sales Outstanding declined from Mar. 2023 (39.14) to Mar. 2024 (34.37).

Surteco Group SE Days Sales Outstanding Historical Data

The historical data trend for Surteco Group SE'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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Surteco Group SE Days Sales Outstanding Chart

Surteco Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.77

30.98

30.93

33.17

29.33

Surteco Group SE Quarterly Data
	Jun19	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															39.14	43.66	41.39	37.75	34.37

Competitive Comparison of Surteco Group SE's Days Sales Outstanding

For the Building Products & Equipment subindustry, Surteco Group SE'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.

Surteco Group SE's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Surteco Group SE's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Surteco Group SE's Days Sales Outstanding falls into.

Surteco Group SE 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.

Surteco Group SE'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
=	( (61.391	+	72.802)	/	2 )	/	835.089	*	365
=	67.0965					/	835.089	*	365
=	29.33

Surteco Group SE'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
=	( (72.802	+	94.668)	/	2 )	/	222.309	*	365 / 4
=	83.735					/	222.309	*	365 / 4
=	34.37

Surteco Group SE (XTER:SUR) Days Sales Outstanding Explanation

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

Surteco Group SE Days Sales Outstanding Related Terms

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Surteco Group SE (XTER:SUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Surteco Group SE (XTER:SUR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SUR:Germany SUR:Germany

Address

Johan-Viktor-Bausch-Strasse 2, Buttenwiesen, BY, DEU, 86647

Website

https://www.surteco.com

Surteco Group SE is engaged in the surface technology sector. The company primarily acts as a developer, designer, producer, and marketer of surface materials based on paper and plastics. Its operating segment includes Decoratives; Profiles and Technicals. The company generates maximum revenue from the Decoratives segment. Geographically, it has a presence in Germany, America, Australia/Asia, and the rest of Europe.

Surteco Group SE (XTER:SUR) Headlines

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