Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Days Sales Outstanding

: 76.23 (As of Mar. 2024)

View and export this data going back to 1989. Start your Free Trial

Telefonaktiebolaget L M Ericsson's average Accounts Receivable for the three months ended in Mar. 2024 was $4,279 Mil. Telefonaktiebolaget L M Ericsson's Revenue for the three months ended in Mar. 2024 was $5,122 Mil. Hence, Telefonaktiebolaget L M Ericsson's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.23.

The historical rank and industry rank for Telefonaktiebolaget L M Ericsson's Days Sales Outstanding or its related term are showing as below:

ERIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 62.8 Med: 80.71 Max: 119.2
Current: 66.31

During the past 13 years, Telefonaktiebolaget L M Ericsson's highest Days Sales Outstanding was 119.20. The lowest was 62.80. And the median was 80.71.

ERIC's Days Sales Outstanding is ranked better than
59.5% of 2457 companies
in the Hardware industry
Industry Median: 75.24 vs ERIC: 66.31

Telefonaktiebolaget L M Ericsson's Days Sales Outstanding increased from Mar. 2023 (72.24) to Mar. 2024 (76.23).

Telefonaktiebolaget L M Ericsson Days Sales Outstanding Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

77.52

63.02

71.58

67.37

62.42

Telefonaktiebolaget L M Ericsson 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															72.24	71.34	66.27	52.06	76.23

Competitive Comparison

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson Days Sales Outstanding Distribution

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's Days Sales Outstanding falls into.

Telefonaktiebolaget L M Ericsson 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.

Telefonaktiebolaget L M Ericsson'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
=	( (4664.964	+	4115.485)	/	2 )	/	25673.744	*	365
=	4390.2245					/	25673.744	*	365
=	62.42

Telefonaktiebolaget L M Ericsson'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
=	( (4115.485	+	4441.904)	/	2 )	/	5121.839	*	365 / 4
=	4278.6945					/	5121.839	*	365 / 4
=	76.23

Telefonaktiebolaget L M Ericsson (NAS:ERIC) Days Sales Outstanding Explanation

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

Telefonaktiebolaget L M Ericsson Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Telefonaktiebolaget L M Ericsson's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telefonaktiebolaget L M Ericsson (NAS:ERIC) » Definitions » Days Sales Outstanding

Comparable Companies

Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.