AVTECH Sweden AB (OSTO:AVT B) Days Sales Outstanding : 63.54 (As of Mar. 2024)

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What is AVTECH Sweden AB Days Sales Outstanding?

AVTECH Sweden AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr5.50 Mil. AVTECH Sweden AB's Revenue for the three months ended in Mar. 2024 was kr7.90 Mil. Hence, AVTECH Sweden AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 63.54.

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

OSTO:AVT B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.49 Med: 45.18 Max: 59.72
Current: 55.29

During the past 13 years, AVTECH Sweden AB's highest Days Sales Outstanding was 59.72. The lowest was 17.49. And the median was 45.18.

OSTO:AVT B's Days Sales Outstanding is ranked better than
58.14% of 301 companies
in the Aerospace & Defense industry
Industry Median: 62.96 vs OSTO:AVT B: 55.29

AVTECH Sweden AB's Days Sales Outstanding increased from Mar. 2023 (55.76) to Mar. 2024 (63.54).

AVTECH Sweden AB Days Sales Outstanding Historical Data

The historical data trend for AVTECH Sweden 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.

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AVTECH Sweden AB Days Sales Outstanding Chart

AVTECH Sweden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.87

50.09

57.83

47.71

59.72

AVTECH Sweden 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															55.76	-	-	65.59	63.54

Competitive Comparison of AVTECH Sweden AB's Days Sales Outstanding

For the Aerospace & Defense subindustry, AVTECH Sweden 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.

AVTECH Sweden AB's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AVTECH Sweden AB's Days Sales Outstanding distribution charts can be found below:

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

AVTECH Sweden 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.

AVTECH Sweden 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
=	( (3.483	+	5.501)	/	2 )	/	27.453	*	365
=	4.492					/	27.453	*	365
=	59.72

AVTECH Sweden 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
=	( (5.501	+	0)	/	1 )	/	7.9	*	365 / 4
=	5.501					/	7.9	*	365 / 4
=	63.54

AVTECH Sweden AB (OSTO:AVT B) Days Sales Outstanding Explanation

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

AVTECH Sweden AB Days Sales Outstanding Related Terms

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AVTECH Sweden AB (OSTO:AVT B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AVTECH Sweden AB (OSTO:AVT B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8QL:Germany

Address

Färögatan 33, 24th floor, Kista, SWE, 164 51

Website

http://www.avtech.aero

AVTECH Sweden AB assists the aviation industry to operate with efficiency by offering sustainable solutions within digital Air Traffic Management. Its products and services includes Aventus SIGMA, weather uplink services, Aventus NowCast system providing aviation weather forecasting and Aventus AIR, a solution for sending FMS weather data to aircraft.

AVTECH Sweden AB (OSTO:AVT B) Headlines

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