VBG Group AB (OSTO:VBG B) Days Sales Outstanding : 53.77 (As of Mar. 2024)

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What is VBG Group AB Days Sales Outstanding?

VBG Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr905 Mil. VBG Group AB's Revenue for the three months ended in Mar. 2024 was kr1,535 Mil. Hence, VBG Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.77.

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

OSTO:VBG B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.3 Med: 47.53 Max: 59.23
Current: 56.96

During the past 13 years, VBG Group AB's highest Days Sales Outstanding was 59.23. The lowest was 43.30. And the median was 47.53.

OSTO:VBG B's Days Sales Outstanding is ranked better than
54.42% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.285 vs OSTO:VBG B: 56.96

VBG Group AB's Days Sales Outstanding increased from Mar. 2023 (49.83) to Mar. 2024 (53.77).

VBG Group AB Days Sales Outstanding Historical Data

The historical data trend for VBG Group 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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VBG Group AB Days Sales Outstanding Chart

VBG Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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46.95

47.54

44.30

47.70

47.53

VBG Group 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															49.83	57.98	60.81	55.19	53.77

Competitive Comparison of VBG Group AB's Days Sales Outstanding

For the Auto Parts subindustry, VBG Group 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.

VBG Group AB's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, VBG Group AB's Days Sales Outstanding distribution charts can be found below:

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

VBG Group 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.

VBG Group 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
=	( (673.085	+	821.82)	/	2 )	/	5739.756	*	365
=	747.4525					/	5739.756	*	365
=	47.53

VBG Group 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
=	( (821.82	+	987.2)	/	2 )	/	1535	*	365 / 4
=	904.51					/	1535	*	365 / 4
=	53.77

VBG Group AB (OSTO:VBG 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.

VBG Group AB Days Sales Outstanding Related Terms

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VBG Group AB (OSTO:VBG B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » VBG Group AB (OSTO:VBG B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KU4:Germany

Address

Kungsgatan 57, Box 1216, Trollhattan, SWE, SE-461 34

Website

https://www.vbggroup.com

VBG Group AB is an international industrial group. The Parent Company VBG Group AB is a long-term owner that provides active management of the Group's three wholly owned divisions through considerable industrial expertise, a strong corporate culture and financial resilience. The Group's divisions - Truck & Trailer Equipment, Mobile Thermal Solutions and Ringfeder Power Transmission - develop, manufacture, market and sell products under strong, well-known brands all over the world.

VBG Group AB (OSTO:VBG B) Headlines

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