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Tomra Systems ASA (FRA:TMR0) Days Sales Outstanding : 85.75 (As of Dec. 2023)


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What is Tomra Systems ASA Days Sales Outstanding?

Tomra Systems ASA's average Accounts Receivable for the three months ended in Dec. 2023 was €337 Mil. Tomra Systems ASA's Revenue for the three months ended in Dec. 2023 was €358 Mil. Hence, Tomra Systems ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 85.75.

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

FRA:TMR0' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.06   Med: 70.33   Max: 89.04
Current: 89.04

During the past 13 years, Tomra Systems ASA's highest Days Sales Outstanding was 89.04. The lowest was 59.06. And the median was 70.33.

FRA:TMR0's Days Sales Outstanding is ranked worse than
58.19% of 232 companies
in the Waste Management industry
Industry Median: 72.87 vs FRA:TMR0: 89.04

Tomra Systems ASA's Days Sales Outstanding increased from Dec. 2022 (84.11) to Dec. 2023 (85.75).


Tomra Systems ASA Days Sales Outstanding Historical Data

The historical data trend for Tomra Systems ASA'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.

* Premium members only.

Tomra Systems ASA Days Sales Outstanding Chart

Tomra Systems ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.70 64.80 66.95 74.49 75.55

Tomra Systems ASA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.11 91.10 89.93 111.38 85.75

Competitive Comparison of Tomra Systems ASA's Days Sales Outstanding

For the Waste Management subindustry, Tomra Systems ASA'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.


Tomra Systems ASA's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's Days Sales Outstanding falls into.



Tomra Systems ASA 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.

Tomra Systems ASA'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
=( (263.457 + 267.501) / 2 ) / 1282.665*365
=265.479 / 1282.665*365
=75.55

Tomra Systems ASA'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
=( (406.088 + 267.501) / 2 ) / 358.398*365 / 4
=336.7945 / 358.398*365 / 4
=85.75

* 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.


Tomra Systems ASA  (FRA:TMR0) Days Sales Outstanding Explanation

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


Tomra Systems ASA Days Sales Outstanding Related Terms

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Tomra Systems ASA (FRA:TMR0) Business Description

Address
Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to better equip customers for handling waste. It operates two primary business segments: collection solutions (a majority of revenue) and sorting solutions. The company produces, sells, and services automated recycling systems, including data administration systems that monitor the volume of collected materials. It manufactures reverse vending machines to collect empty beverage containers. The empty beverage containers are gathered and processed into reusable molds. Tomra services the machines and provides replacement parts to ensure optimal performance. Food sorting solutions inspect individual pieces and stop resources from going to waste. The majority of revenue comes from customers in Europe, North America and Rest of World.

Tomra Systems ASA (FRA:TMR0) Headlines

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