Grigeo AB (OVSE:GRG1L) Days Sales Outstanding : 41.98 (As of Dec. 2023)

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What is Grigeo AB Days Sales Outstanding?

Grigeo AB's average Accounts Receivable for the three months ended in Dec. 2023 was €21.1 Mil. Grigeo AB's Revenue for the three months ended in Dec. 2023 was €45.9 Mil. Hence, Grigeo AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.98.

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

OVSE:GRG1L' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.34 Med: 40.18 Max: 42.48
Current: 42.2

During the past 13 years, Grigeo AB's highest Days Sales Outstanding was 42.48. The lowest was 36.34. And the median was 40.18.

OVSE:GRG1L's Days Sales Outstanding is ranked better than
64.11% of 287 companies
in the Forest Products industry
Industry Median: 54.58 vs OVSE:GRG1L: 42.20

Grigeo AB's Days Sales Outstanding declined from Dec. 2022 (45.33) to Dec. 2023 (41.98).

Grigeo AB Days Sales Outstanding Historical Data

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

Grigeo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.09

42.48

41.89

41.53

41.97

Grigeo 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															45.33	40.54	43.44	43.27	41.98

Competitive Comparison of Grigeo AB's Days Sales Outstanding

For the Paper & Paper Products subindustry, Grigeo 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.

Grigeo AB's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Grigeo AB's Days Sales Outstanding distribution charts can be found below:

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

Grigeo 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.

Grigeo 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
=	( (23.904	+	21.019)	/	2 )	/	195.352	*	365
=	22.4615					/	195.352	*	365
=	41.97

Grigeo 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
=	( (21.244	+	21.019)	/	2 )	/	45.929	*	365 / 4
=	21.1315					/	45.929	*	365 / 4
=	41.98

Grigeo AB (OVSE:GRG1L) Days Sales Outstanding Explanation

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

Grigeo AB Days Sales Outstanding Related Terms

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Grigeo AB (OVSE:GRG1L) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Grigeo AB (OVSE:GRG1L) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

WM8:Germany

Address

Vilniaus Street 10, Grigiskes, Vilniaus, LTU, LT-27101

Website

https://www.grigeo.lt

Grigeo AB is a Lithuania-based company engaged in the paper and wood industry. It produces toilet paper, paper towels, paper napkins, corrugated cardboard, and products from corrugated cardboard. The company has three reportable segments: Paper & paper products, wood fibreboards & wood processing, and Raw material for corrugated cardboard & related products. The geographical segments are Lithuania, Poland, Latvia, Estonia, Ukraine, Finland, Denmark, Sweden, Belarus, Belarus, The Netherlands, and other countries.

Grigeo AB (OVSE:GRG1L) Headlines

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