StrongPoint ASA (OSL:STRO) Days Sales Outstanding : 61.61 (As of Mar. 2024)

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What is StrongPoint ASA Days Sales Outstanding?

StrongPoint ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr242 Mil. StrongPoint ASA's Revenue for the three months ended in Mar. 2024 was kr359 Mil. Hence, StrongPoint ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.61.

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

OSL:STRO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.48 Med: 61.62 Max: 77.06
Current: 69.69

During the past 13 years, StrongPoint ASA's highest Days Sales Outstanding was 77.06. The lowest was 54.48. And the median was 61.62.

OSL:STRO's Days Sales Outstanding is ranked better than
59.32% of 2957 companies
in the Industrial Products industry
Industry Median: 79.33 vs OSL:STRO: 69.69

StrongPoint ASA's Days Sales Outstanding declined from Mar. 2023 (69.28) to Mar. 2024 (61.61).

StrongPoint ASA Days Sales Outstanding Historical Data

The historical data trend for StrongPoint 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.

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StrongPoint ASA Days Sales Outstanding Chart

StrongPoint ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.31

77.06

73.06

59.84

70.03

StrongPoint ASA 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															69.28	72.40	73.27	66.33	61.61

Competitive Comparison of StrongPoint ASA's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, StrongPoint 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.

StrongPoint ASA's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

StrongPoint 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.

StrongPoint 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
=	( (274.348	+	240.79)	/	2 )	/	1342.398	*	365
=	257.569					/	1342.398	*	365
=	70.03

StrongPoint 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
=	( (240.79	+	243.961)	/	2 )	/	358.958	*	365 / 4
=	242.3755					/	358.958	*	365 / 4
=	61.61

StrongPoint ASA (OSL:STRO) Days Sales Outstanding Explanation

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

StrongPoint ASA Days Sales Outstanding Related Terms

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StrongPoint ASA (OSL:STRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (OSL:STRO) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

PSIo:Sweden PGT:Germany

Address

Slynga 10, Raelingen, NOR, 2005

Website

https://www.strongpoint.com

StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.