Concentric AB (OSTO:COIC) Days Sales Outstanding : 53.93 (As of Dec. 2023)

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What is Concentric AB Days Sales Outstanding?

Concentric AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr559 Mil. Concentric AB's Revenue for the three months ended in Dec. 2023 was kr945 Mil. Hence, Concentric AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.93.

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

OSTO:COIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.65 Med: 35.04 Max: 52.38
Current: 52.38

During the past 13 years, Concentric AB's highest Days Sales Outstanding was 52.38. The lowest was 28.65. And the median was 35.04.

OSTO:COIC's Days Sales Outstanding is ranked better than
78.97% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs OSTO:COIC: 52.38

Concentric AB's Days Sales Outstanding declined from Dec. 2022 (56.18) to Dec. 2023 (53.93).

Concentric AB Days Sales Outstanding Historical Data

The historical data trend for Concentric 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.

Concentric AB Days Sales Outstanding Chart

Concentric AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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35.65

43.50

49.36

41.08

42.75

Concentric 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	Get a 7-Day Free Trial															56.18	48.90	57.30	59.29	53.93

Competitive Comparison of Concentric AB's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Concentric 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.

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

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

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

Concentric 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.

Concentric 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
=	( (521	+	464)	/	2 )	/	4205	*	365
=	492.5					/	4205	*	365
=	42.75

Concentric 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
=	( (653	+	464)	/	2 )	/	945	*	365 / 4
=	558.5					/	945	*	365 / 4
=	53.93

Concentric AB (OSTO:COIC) Days Sales Outstanding Explanation

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

Concentric AB Days Sales Outstanding Related Terms

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Concentric AB (OSTO:COIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Concentric AB (OSTO:COIC) » Definitions » Days Sales Outstanding

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0P4X:UK

Address

PO Box 5058, Stockholm, SWE, 102 42

Website

http://www.concentricab.com

Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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