Arjo AB (LTS:0HQ8) Days Sales Outstanding : 56.57 (As of Mar. 2024)

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What is Arjo AB Days Sales Outstanding?

Arjo AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr1,711 Mil. Arjo AB's Revenue for the three months ended in Mar. 2024 was kr2,759 Mil. Hence, Arjo AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.57.

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

LTS:0HQ8' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.51 Med: 77.19 Max: 99.11
Current: 56.32

During the past 11 years, Arjo AB's highest Days Sales Outstanding was 99.11. The lowest was 55.51. And the median was 77.19.

LTS:0HQ8's Days Sales Outstanding is ranked better than
67.71% of 96 companies
in the Medical Distribution industry
Industry Median: 77.31 vs LTS:0HQ8: 56.32

Arjo AB's Days Sales Outstanding declined from Mar. 2023 (59.44) to Mar. 2024 (56.57).

Arjo AB Days Sales Outstanding Historical Data

The historical data trend for Arjo 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.

* Premium members only.

Arjo AB Days Sales Outstanding Chart

Arjo AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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77.32

70.38

61.21

59.44

55.51

Arjo 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															59.44	59.04	56.09	52.30	56.57

Competitive Comparison of Arjo AB's Days Sales Outstanding

For the Medical Distribution subindustry, Arjo 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.

Arjo AB's Days Sales Outstanding Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Arjo AB's Days Sales Outstanding distribution charts can be found below:

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

Arjo 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.

Arjo 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
=	( (1708	+	1632)	/	2 )	/	10980	*	365
=	1670					/	10980	*	365
=	55.51

Arjo 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
=	( (1632	+	1789)	/	2 )	/	2759	*	365 / 4
=	1710.5					/	2759	*	365 / 4
=	56.57

Arjo AB (LTS:0HQ8) Days Sales Outstanding Explanation

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

Arjo AB Days Sales Outstanding Related Terms

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Arjo AB (LTS:0HQ8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Arjo AB (LTS:0HQ8) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ARRJF:USA ARJO B:Sweden ARJOBs:UK A39:Germany

Address

Hans Michelsensgatan 10, Malmo, SWE, SE-211 20

Website

https://www.arjo.com

Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

Arjo AB (LTS:0HQ8) Headlines

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