Aker Carbon Capture ASA (LTS:0ZCB) Days Sales Outstanding : 26.88 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Aker Carbon Capture ASA Days Sales Outstanding?

Aker Carbon Capture ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr167 Mil. Aker Carbon Capture ASA's Revenue for the three months ended in Mar. 2024 was kr566 Mil. Hence, Aker Carbon Capture ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 26.88.

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

LTS:0ZCB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.67 Med: 61.3 Max: 121.61
Current: 24.51

During the past 4 years, Aker Carbon Capture ASA's highest Days Sales Outstanding was 121.61. The lowest was 13.67. And the median was 61.30.

LTS:0ZCB's Days Sales Outstanding is ranked better than
96.04% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs LTS:0ZCB: 24.51

Aker Carbon Capture ASA's Days Sales Outstanding increased from Mar. 2023 (10.40) to Mar. 2024 (26.88).

Aker Carbon Capture ASA Days Sales Outstanding Historical Data

The historical data trend for Aker Carbon Capture 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.

Aker Carbon Capture ASA Days Sales Outstanding Chart

Aker Carbon Capture ASA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

121.61

61.30

13.67

Aker Carbon Capture ASA Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										10.40	27.08	26.87	16.92	26.88

Competitive Comparison of Aker Carbon Capture ASA's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Aker Carbon Capture 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.

Aker Carbon Capture ASA's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aker Carbon Capture ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aker Carbon Capture ASA's Days Sales Outstanding falls into.

Aker Carbon Capture 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.

Aker Carbon Capture 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
=	( (25.464	+	94.785)	/	2 )	/	1605.101	*	365
=	60.1245					/	1605.101	*	365
=	13.67

Aker Carbon Capture ASA'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
=	( (94.785	+	238.814)	/	2 )	/	566.317	*	365 / 4
=	166.7995					/	566.317	*	365 / 4
=	26.88

Aker Carbon Capture ASA (LTS:0ZCB) Days Sales Outstanding Explanation

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

Aker Carbon Capture ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Aker Carbon Capture ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Aker Carbon Capture ASA (LTS:0ZCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Aker Carbon Capture ASA (LTS:0ZCB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AKCCF:USA ACCo:Sweden ACC:Norway 606:Germany

Address

Oksenoyveien 8, Lysaker, Baerum, NOR, 1366

Website

https://www.akercarboncapture.com

Aker Carbon Capture ASA is a carbon capture technology provider. The company's proprietary carbon capture process uses a mixture of water and organic amine solvents to absorb the CO2. This process can be applied to emissions from various sources, from gas, coal, cement, refineries, and waste-to-energy through to hydrogen and other process industries. Its products and services include Just Catch, Offshore Just Catch, Big Catch, Mobile Test Unit - Rental service, CO2 for Enhanced Oil Recovery (EOR), and Storage Practice.

Aker Carbon Capture ASA (LTS:0ZCB) Headlines

No Headlines