SolTech Energy Sweden AB (OSTO:SOLT) Days Sales Outstanding : 48.50 (As of Dec. 2023)

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What is SolTech Energy Sweden AB Days Sales Outstanding?

SolTech Energy Sweden AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr394 Mil. SolTech Energy Sweden AB's Revenue for the three months ended in Dec. 2023 was kr741 Mil. Hence, SolTech Energy Sweden AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.50.

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

OSTO:SOLT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.57 Med: 47.94 Max: 72.28
Current: 46.39

During the past 13 years, SolTech Energy Sweden AB's highest Days Sales Outstanding was 72.28. The lowest was 35.57. And the median was 47.94.

OSTO:SOLT's Days Sales Outstanding is ranked better than
71.69% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs OSTO:SOLT: 46.39

SolTech Energy Sweden AB's Days Sales Outstanding increased from Dec. 2022 (39.57) to Dec. 2023 (48.50).

SolTech Energy Sweden AB Days Sales Outstanding Historical Data

The historical data trend for SolTech Energy 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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SolTech Energy Sweden AB Days Sales Outstanding Chart

SolTech Energy Sweden AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.24

65.02

47.63

43.51

42.63

SolTech Energy Sweden AB 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															39.57	42.74	45.11	52.37	48.50

Competitive Comparison of SolTech Energy Sweden AB's Days Sales Outstanding

For the Solar subindustry, SolTech Energy 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.

SolTech Energy Sweden AB's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SolTech Energy Sweden AB's Days Sales Outstanding distribution charts can be found below:

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

SolTech Energy 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.

SolTech Energy 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
=	( (316.754	+	361.628)	/	2 )	/	2904.405	*	365
=	339.191					/	2904.405	*	365
=	42.63

SolTech Energy Sweden AB'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
=	( (425.572	+	361.628)	/	2 )	/	740.577	*	365 / 4
=	393.6					/	740.577	*	365 / 4
=	48.50

SolTech Energy Sweden AB (OSTO:SOLT) Days Sales Outstanding Explanation

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

SolTech Energy Sweden AB Days Sales Outstanding Related Terms

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SolTech Energy Sweden AB (OSTO:SOLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolTech Energy Sweden AB (OSTO:SOLT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

7ST:Germany

Address

Upplagsvagen 1, Stockholm, SWE, SE-117 43

Website

http://www.soltechenergy.com

Soltech Energy Sweden AB operates in the energy sector. It is a comprehensive supplier that develops, sells and installs solar energy solutions for both companies and private individuals. Soltech consolidates the market through the acquisition of companies in the solar, roof, facade and electricity industries and more. Geographically, it operates in Sweden, Spain and the Netherlands.

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