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SSAB AB (SSAB AB) Days Sales Outstanding : 40.06 (As of Mar. 2024)


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What is SSAB AB Days Sales Outstanding?

SSAB AB's average Accounts Receivable for the three months ended in Mar. 2024 was $1,145 Mil. SSAB AB's Revenue for the three months ended in Mar. 2024 was $2,608 Mil. Hence, SSAB AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.06.

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

SSAAY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.47   Med: 39.55   Max: 47.73
Current: 43.1

During the past 13 years, SSAB AB's highest Days Sales Outstanding was 47.73. The lowest was 33.47. And the median was 39.55.

SSAAY's Days Sales Outstanding is ranked better than
56.5% of 600 companies
in the Steel industry
Industry Median: 49.98 vs SSAAY: 43.10

SSAB AB's Days Sales Outstanding increased from Mar. 2023 (37.68) to Mar. 2024 (40.06).


SSAB AB Days Sales Outstanding Historical Data

The historical data trend for SSAB 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.

SSAB AB Days Sales Outstanding Chart

SSAB 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 38.46 36.45 36.00 35.72 35.38

SSAB 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 37.68 42.09 44.35 44.82 40.06

Competitive Comparison of SSAB AB's Days Sales Outstanding

For the Steel subindustry, SSAB 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.


SSAB AB's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB's Days Sales Outstanding distribution charts can be found below:

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



SSAB 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.

SSAB 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
=( (1160.917 + 1040.497) / 2 ) / 11354.605*365
=1100.707 / 11354.605*365
=35.38

SSAB 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
=( (1040.497 + 1249.124) / 2 ) / 2607.551*365 / 4
=1144.8105 / 2607.551*365 / 4
=40.06

* 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.


SSAB AB  (OTCPK:SSAAY) Days Sales Outstanding Explanation

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


SSAB AB Days Sales Outstanding Related Terms

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SSAB AB (SSAB AB) Business Description

Industry
Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

SSAB AB (SSAB AB) Headlines

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