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Atlas Copco AB (Atlas Copco AB) Days Sales Outstanding : 85.75 (As of Mar. 2024)


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What is Atlas Copco AB Days Sales Outstanding?

Atlas Copco AB's average Accounts Receivable for the three months ended in Mar. 2024 was $3,870 Mil. Atlas Copco AB's Revenue for the three months ended in Mar. 2024 was $4,118 Mil. Hence, Atlas Copco AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.75.

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

ATLCY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.16   Med: 71.58   Max: 94.19
Current: 90.04

During the past 13 years, Atlas Copco AB's highest Days Sales Outstanding was 94.19. The lowest was 66.16. And the median was 71.58.

ATLCY's Days Sales Outstanding is ranked worse than
54.6% of 2958 companies
in the Industrial Products industry
Industry Median: 79.14 vs ATLCY: 90.04

Atlas Copco AB's Days Sales Outstanding increased from Mar. 2023 (82.55) to Mar. 2024 (85.75).


Atlas Copco AB Days Sales Outstanding Historical Data

The historical data trend for Atlas Copco 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.

Atlas Copco AB Days Sales Outstanding Chart

Atlas Copco AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.95 67.77 69.75 70.99 65.79

Atlas Copco 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.55 95.13 98.53 77.64 85.75

Competitive Comparison of Atlas Copco AB's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Atlas Copco 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.


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

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

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



Atlas Copco 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.

Atlas Copco 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
=( (2882.058 + 3185.93) / 2 ) / 16832.787*365
=3033.994 / 16832.787*365
=65.79

Atlas Copco 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
=( (3185.93 + 4553.802) / 2 ) / 4118.122*365 / 4
=3869.866 / 4118.122*365 / 4
=85.75

* 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.


Atlas Copco AB  (OTCPK:ATLCY) Days Sales Outstanding Explanation

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


Atlas Copco AB Days Sales Outstanding Related Terms

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Atlas Copco AB (Atlas Copco AB) Business Description

Address
Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-105 23
Atlas Copco is a 140-year-old Swedish company that pioneered air compression technology and remains a leading air compressor manufacturer. Atlas Copco is also a leading manufacturer of vacuum pump equipment, industrial power tools, and portable power and air compression equipment. The company's operations match the geographic breadth of its customers, with a presence in 180 countries. Atlas Copco's revenue is derived from three sources: initial equipment sales, spare parts, and maintenance.

Atlas Copco AB (Atlas Copco AB) Headlines