Munters Group AB (OSTO:MTRS) Days Sales Outstanding : 56.02 (As of Mar. 2024)

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What is Munters Group AB Days Sales Outstanding?

Munters Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr2,172 Mil. Munters Group AB's Revenue for the three months ended in Mar. 2024 was kr3,538 Mil. Hence, Munters Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.02.

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

OSTO:MTRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.37 Med: 57.39 Max: 65.43
Current: 58.4

During the past 10 years, Munters Group AB's highest Days Sales Outstanding was 65.43. The lowest was 50.37. And the median was 57.39.

OSTO:MTRS's Days Sales Outstanding is ranked better than
73.45% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs OSTO:MTRS: 58.40

Munters Group AB's Days Sales Outstanding declined from Mar. 2023 (61.02) to Mar. 2024 (56.02).

Munters Group AB Days Sales Outstanding Historical Data

The historical data trend for Munters Group 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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Munters Group AB Days Sales Outstanding Chart

Munters Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.73

51.64

57.84

59.99

53.16

Munters Group AB 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															61.02	59.42	62.35	56.41	56.02

Competitive Comparison of Munters Group AB's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Munters Group 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.

Munters Group AB's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Munters Group 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.

Munters Group 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
=	( (2020	+	2038)	/	2 )	/	13930	*	365
=	2029					/	13930	*	365
=	53.16

Munters Group 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
=	( (2038	+	2306)	/	2 )	/	3538	*	365 / 4
=	2172					/	3538	*	365 / 4
=	56.02

Munters Group AB (OSTO:MTRS) Days Sales Outstanding Explanation

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

Munters Group AB Days Sales Outstanding Related Terms

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Munters Group AB (OSTO:MTRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Munters Group AB (OSTO:MTRS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

0RPO:UK 1MS:Germany

Address

Box 1188, Kista, SWE, SE-164 40

Website

https://www.munters.com

Munters Group AB is a provider of energy-efficient air treatment and climate control solutions primarily within the food, pharmaceutical and data center sectors. The company operates in two reportable segments that are AirTech and FoodTech. The product portfolio comprises air intakes/air inlets, temperature and humidity control air treatment systems, fans and light filters, heat exchangers, heaters, mist eliminators, pollution control and volatile organic compounds abatement technologies to remove liquid and solvents from the air.