Axactor ASA (OSL:ACR) Days Sales Outstanding : 9.37 (As of Dec. 2023)

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What is Axactor ASA Days Sales Outstanding?

Axactor ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr77 Mil. Axactor ASA's Revenue for the three months ended in Dec. 2023 was kr749 Mil. Hence, Axactor ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.37.

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

OSL:ACR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.83 Med: 16.71 Max: 4799.28
Current: 8.83

During the past 13 years, Axactor ASA's highest Days Sales Outstanding was 4799.28. The lowest was 8.83. And the median was 16.71.

OSL:ACR's Days Sales Outstanding is ranked better than
74.52% of 263 companies
in the Credit Services industry
Industry Median: 42.73 vs OSL:ACR: 8.83

Axactor ASA's Days Sales Outstanding increased from Dec. 2022 (8.80) to Dec. 2023 (9.37).

Axactor ASA Days Sales Outstanding Historical Data

The historical data trend for Axactor 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.

Axactor ASA Days Sales Outstanding Chart

Axactor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.43

17.74

16.71

9.97

8.84

Axactor ASA 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															8.80	8.73	8.15	9.04	9.37

Competitive Comparison of Axactor ASA's Days Sales Outstanding

For the Credit Services subindustry, Axactor 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.

Axactor ASA's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Axactor ASA's Days Sales Outstanding distribution charts can be found below:

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

Axactor 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.

Axactor 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
=	( (66.733	+	76.342)	/	2 )	/	2953.74	*	365
=	71.5375					/	2953.74	*	365
=	8.84

Axactor 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
=	( (77.568	+	76.342)	/	2 )	/	749.456	*	365 / 4
=	76.955					/	749.456	*	365 / 4
=	9.37

Axactor ASA (OSL:ACR) Days Sales Outstanding Explanation

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

Axactor ASA Days Sales Outstanding Related Terms

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Axactor ASA (OSL:ACR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Axactor ASA (OSL:ACR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AXAo:Sweden 0QIG:UK 2LJ:Germany

Address

Drammensveien 167, Oslo, NOR, NO-0277

Website

https://www.axactor.com

Axactor ASA is a next-generation debt management company. It specializes in both purchasing and collection of its debt portfolios and provides collection services for third-party-owned portfolios. It operates in two segments: Non-performing loans (NPL), Third-party collection (3PC). The company's geographical segments include Finland, Germany, Italy, Norway, Spain, and Sweden. It generates majority of its revenue from Interest revenue from purchased loan portfolios.