ABL Group ASA (OSL:ABL) Days Sales Outstanding : 71.57 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is ABL Group ASA Days Sales Outstanding?

ABL Group ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr560 Mil. ABL Group ASA's Revenue for the three months ended in Dec. 2023 was kr714 Mil. Hence, ABL Group ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.57.

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

OSL:ABL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.39 Med: 79.27 Max: 126.48
Current: 67.22

During the past 11 years, ABL Group ASA's highest Days Sales Outstanding was 126.48. The lowest was 38.39. And the median was 79.27.

OSL:ABL's Days Sales Outstanding is ranked worse than
61.02% of 1039 companies
in the Business Services industry
Industry Median: 58.15 vs OSL:ABL: 67.22

ABL Group ASA's Days Sales Outstanding declined from Dec. 2022 (84.73) to Dec. 2023 (71.57).

ABL Group ASA Days Sales Outstanding Historical Data

The historical data trend for ABL Group ASA'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.

ABL Group ASA Days Sales Outstanding Chart

ABL Group ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

92.04

126.48

79.28

68.50

56.56

ABL Group ASA Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															84.73	73.70	63.79	72.34	71.57

Competitive Comparison of ABL Group ASA's Days Sales Outstanding

For the Specialty Business Services subindustry, ABL Group ASA'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.

ABL Group ASA's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABL Group ASA's Days Sales Outstanding distribution charts can be found below:

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

ABL Group ASA 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.

ABL Group ASA'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
=	( (320.55	+	500.833)	/	2 )	/	2650.357	*	365
=	410.6915					/	2650.357	*	365
=	56.56

ABL Group ASA'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
=	( (619.748	+	500.833)	/	2 )	/	714.363	*	365 / 4
=	560.2905					/	714.363	*	365 / 4
=	71.57

ABL Group ASA (OSL:ABL) Days Sales Outstanding Explanation

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

ABL Group ASA Days Sales Outstanding Related Terms

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

ABL Group ASA (OSL:ABL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ABL Group ASA (OSL:ABL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AQUAo:Sweden

Address

10 Lower Thames Street, 1st Floor, Northern and Shell Building, London, GBR, EC3R 6EN

Website

https://www.abl-group.com

ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.