Prevas AB (OSTO:PREV B) Days Sales Outstanding : 83.56 (As of Mar. 2024)

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What is Prevas AB Days Sales Outstanding?

Prevas AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr373 Mil. Prevas AB's Revenue for the three months ended in Mar. 2024 was kr407 Mil. Hence, Prevas AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.56.

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

OSTO:PREV B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.61 Med: 70.41 Max: 98.37
Current: 98.37

During the past 13 years, Prevas AB's highest Days Sales Outstanding was 98.37. The lowest was 53.61. And the median was 70.41.

OSTO:PREV B's Days Sales Outstanding is ranked worse than
75.69% of 2735 companies
in the Software industry
Industry Median: 61.83 vs OSTO:PREV B: 98.37

Prevas AB's Days Sales Outstanding declined from Mar. 2023 (85.39) to Mar. 2024 (83.56).

Prevas AB Days Sales Outstanding Historical Data

The historical data trend for Prevas 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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Prevas AB Days Sales Outstanding Chart

Prevas AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.58

65.78

53.61

69.28

70.69

Prevas 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															85.39	106.33	119.60	77.58	83.56

Competitive Comparison of Prevas AB's Days Sales Outstanding

For the Information Technology Services subindustry, Prevas 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.

Prevas AB's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Prevas AB's Days Sales Outstanding distribution charts can be found below:

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

Prevas 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.

Prevas 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
=	( (284.705	+	289.554)	/	2 )	/	1482.639	*	365
=	287.1295					/	1482.639	*	365
=	70.69

Prevas 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
=	( (289.554	+	455.98)	/	2 )	/	407.087	*	365 / 4
=	372.767					/	407.087	*	365 / 4
=	83.56

Prevas AB (OSTO:PREV 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.

Prevas AB Days Sales Outstanding Related Terms

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Prevas AB (OSTO:PREV B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Prevas AB (OSTO:PREV B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0H2J:UK

Address

Glodgargrand 14, Box 4, Vasteras, SWE, 72103

Website

https://www.prevas.se

Prevas AB is a Sweden-based information technology (IT) company that offers solutions, services, and products to customers, who develop products with high IT content, and need to streamline and automate their operations. The company's products are segmented as automotive, products and units, steel and minerals, defense, energy, life science, manufacturing, engineering, and telecom industries.

Prevas AB (OSTO:PREV B) Headlines

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