Assa Abloy AB (Assa Abloy AB) Days Sales Outstanding

: 51.39 (As of Dec. 2023)

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Assa Abloy AB's average Accounts Receivable for the three months ended in Dec. 2023 was $2,030 Mil. Assa Abloy AB's Revenue for the three months ended in Dec. 2023 was $3,604 Mil. Hence, Assa Abloy AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.39.

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

ASAZY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.78 Med: 59.9 Max: 62.52
Current: 54.53

During the past 13 years, Assa Abloy AB's highest Days Sales Outstanding was 62.52. The lowest was 52.78. And the median was 59.90.

ASAZY's Days Sales Outstanding is ranked better than
54.75% of 1043 companies
in the Business Services industry
Industry Median: 58.23 vs ASAZY: 54.53

Assa Abloy AB's Days Sales Outstanding declined from Dec. 2022 (55.09) to Dec. 2023 (51.39).

Assa Abloy AB Days Sales Outstanding Historical Data

The historical data trend for Assa Abloy 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.

* Premium members only.

Assa Abloy AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

59.86

57.44

58.96

57.19

52.48

Assa Abloy AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																55.09	56.08	56.38	55.92	51.39

Competitive Comparison

For the Security & Protection Services subindustry, Assa Abloy 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.

Assa Abloy AB Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, Assa Abloy AB's Days Sales Outstanding distribution charts can be found below:

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

Assa Abloy 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.

Assa Abloy 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
=	( (1904.028	+	2040.828)	/	2 )	/	13718.219	*	365
=	1972.428					/	13718.219	*	365
=	52.48

Assa Abloy AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2018.71	+	2040.828)	/	2 )	/	3604.157	*	365 / 4
=	2029.769					/	3604.157	*	365 / 4
=	51.39

Assa Abloy AB (OTCPK:ASAZY) Days Sales Outstanding Explanation

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

Assa Abloy AB Days Sales Outstanding Related Terms

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Assa Abloy AB (Assa Abloy AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Assa Abloy AB (OTCPK:ASAZY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ASAZF:USA ASSA B:Sweden ASSABs:UK 0R87:UK ALZC:Germany

Address

Klarabergsviadukten 90, P.O. Box 70340, Stockholm, SWE, SE-107 23

Website

https://www.assaabloy.com

Assa Abloy is the world's largest supplier of locking and physical access solutions, sporting the world's largest installed base of locks that protect some of the most security-sensitive buildings, such as the European Parliament in Brussels. Three quarters of its revenue comes from government, commercial, and other nonresidential customers. The company's product base is centred on electromechanical locks, which require identification to unlock with a keycard, biometric scan, or personal identification number. Assa Abloy's products are sold directly to security systems integrators, locksmiths, hardware stores, and original equipment manufacturers.