Meriaura Group (OSTO:MERIS) Days Sales Outstanding : 19.86 (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Meriaura Group Days Sales Outstanding?

Meriaura Group's average Accounts Receivable for the six months ended in Dec. 2023 was kr42.3 Mil. Meriaura Group's Revenue for the six months ended in Dec. 2023 was kr388.3 Mil. Hence, Meriaura Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 19.86.

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

OSTO:MERIS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.72 Med: 37.07 Max: 147.8
Current: 19.71

During the past 11 years, Meriaura Group's highest Days Sales Outstanding was 147.80. The lowest was 14.72. And the median was 37.07.

OSTO:MERIS's Days Sales Outstanding is ranked better than
95.71% of 978 companies
in the Semiconductors industry
Industry Median: 63.005 vs OSTO:MERIS: 19.71

Meriaura Group's Days Sales Outstanding declined from Dec. 2022 (53.12) to Dec. 2023 (19.86).

Meriaura Group Days Sales Outstanding Historical Data

The historical data trend for Meriaura Group'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.

Meriaura Group Days Sales Outstanding Chart

Meriaura Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

39.11

32.68

86.33

78.75

20.68

Meriaura Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															116.83	40.17	53.12	18.19	19.86

Competitive Comparison of Meriaura Group's Days Sales Outstanding

For the Solar subindustry, Meriaura Group'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.

Meriaura Group's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meriaura Group's Days Sales Outstanding distribution charts can be found below:

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

Meriaura Group 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.

Meriaura Group'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
=	( (36.312	+	47.597)	/	2 )	/	740.326	*	365
=	41.9545					/	740.326	*	365
=	20.68

Meriaura Group'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (36.904	+	47.597)	/	2 )	/	388.29	*	365 / 2
=	42.2505					/	388.29	*	365 / 2
=	19.86

Meriaura Group (OSTO:MERIS) Days Sales Outstanding Explanation

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

Meriaura Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Meriaura Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Meriaura Group (OSTO:MERIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Meriaura Group Plc (OSTO:MERIS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MERIH:Finland 5J4:Germany

Address

Insinoorinkatu 7, Mikkeli, FIN, FI-50150

Website

https://www.meriauraenergy.com

Meriaura Group Plc is a Finland-based company engaged in two businesses Renewable Energy and Marine Logistics. The renewable energy business area designs and delivers clean energy production systems as comprehensive deliveries. Its systems are built around large-scale solar heating systems implemented using high-performance solar thermal collectors manufactured by the company. The marine logistics business consists of the business operations of Meriaura Oy and VG-EcoFuel Oy. Meriaura is a provider of transport for bulk cargo and demanding project deliveries in Northern Europe. The company generates the majority of its revenue from the renewable energy segment.

Meriaura Group (OSTO:MERIS) Headlines

No Headlines