AcadeMedia AB (OSTO:ACAD) Days Sales Outstanding

: 21.80 (As of Dec. 2023)

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AcadeMedia AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr1,034 Mil. AcadeMedia AB's Revenue for the three months ended in Dec. 2023 was kr4,329 Mil. Hence, AcadeMedia AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.80.

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

OSTO:ACAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.7 Med: 6.58 Max: 17.82
Current: 17.82

During the past 13 years, AcadeMedia AB's highest Days Sales Outstanding was 17.82. The lowest was 4.70. And the median was 6.58.

OSTO:ACAD's Days Sales Outstanding is ranked better than
60.08% of 248 companies
in the Education industry
Industry Median: 28.14 vs OSTO:ACAD: 17.82

AcadeMedia AB's Days Sales Outstanding increased from Dec. 2022 (19.93) to Dec. 2023 (21.80).

AcadeMedia AB Days Sales Outstanding Historical Data

The historical data trend for AcadeMedia 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.

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AcadeMedia AB Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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7.13

7.06

6.00

5.49

4.70

AcadeMedia AB 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															19.93	18.12	12.03	18.42	21.80

Competitive Comparison

For the Education & Training Services subindustry, AcadeMedia 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.

AcadeMedia AB Days Sales Outstanding Distribution

For the Education industry and Consumer Defensive sector, AcadeMedia AB's Days Sales Outstanding distribution charts can be found below:

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

AcadeMedia 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.

AcadeMedia AB's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (206	+	187)	/	2 )	/	15268	*	365
=	196.5					/	15268	*	365
=	4.70

AcadeMedia AB'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
=	( (1173	+	895)	/	2 )	/	4329	*	365 / 4
=	1034					/	4329	*	365 / 4
=	21.80

AcadeMedia AB (OSTO:ACAD) Days Sales Outstanding Explanation

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

AcadeMedia AB Days Sales Outstanding Related Terms

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AcadeMedia AB (OSTO:ACAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » AcadeMedia AB (OSTO:ACAD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0RHN:UK V8T:Germany

Address

Adolf Fredriks Kyrkogata 2, P.O. Box 213, Stockholm, SWE, SE-101 24

Website

http://www.academedia.se

AcadeMedia AB is an education and consultancy provider in Northern Europe operating preschools, compulsory schools, and upper secondary schools in Sweden and Norway, as well as adult education units in Sweden. The company's operating segment includes Preschool, Compulsory School, Upper Secondary School, Adult Education, and others. It generates maximum revenue from the Upper Secondary School segment. Upper Secondary School segment brands include Praktiska, Drottning Blanka, NTI, LBS, ProCivitas, and Rytmus. Geographically, it derives a majority of its revenue from Sweden.