Borregaard ASA (OSTO:BRGO) Days Sales Outstanding : 60.76 (As of Mar. 2024)

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What is Borregaard ASA Days Sales Outstanding?

Borregaard ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr1,315 Mil. Borregaard ASA's Revenue for the three months ended in Mar. 2024 was kr1,975 Mil. Hence, Borregaard ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.76.

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

OSTO:BRGO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.35 Med: 54.99 Max: 73.03
Current: 73.03

During the past 13 years, Borregaard ASA's highest Days Sales Outstanding was 73.03. The lowest was 47.35. And the median was 54.99.

OSTO:BRGO's Days Sales Outstanding is ranked worse than
52.78% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs OSTO:BRGO: 73.03

Borregaard ASA's Days Sales Outstanding declined from Mar. 2023 (62.84) to Mar. 2024 (60.76).

Borregaard ASA Days Sales Outstanding Historical Data

The historical data trend for Borregaard 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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Borregaard ASA Days Sales Outstanding Chart

Borregaard ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.77

53.14

48.95

47.35

48.46

Borregaard 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															62.84	72.89	78.85	68.97	60.76

Competitive Comparison of Borregaard ASA's Days Sales Outstanding

For the Specialty Chemicals subindustry, Borregaard 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.

Borregaard ASA's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Borregaard ASA's Days Sales Outstanding distribution charts can be found below:

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

Borregaard 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.

Borregaard 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
=	( (988	+	877)	/	2 )	/	7024	*	365
=	932.5					/	7024	*	365
=	48.46

Borregaard 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
=	( (877	+	1753)	/	2 )	/	1975	*	365 / 4
=	1315					/	1975	*	365 / 4
=	60.76

Borregaard ASA (OSTO:BRGO) Days Sales Outstanding Explanation

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

Borregaard ASA Days Sales Outstanding Related Terms

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Borregaard ASA (OSTO:BRGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Borregaard ASA (OSTO:BRGO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BRG:Norway 0QB7:UK BO4:Germany

Address

Hjalmar Wessels vei 6, P.O Box 162, Sarpsborg, NOR, 1701

Website

https://www.borregaard.com

Borregaard ASA makes and sells biochemicals and biomaterials designed to replace oil-based products, It has three operating segments; BioSolutions segment develops, produces and sells biopolymers and bio vanillin from lignin used in Industries such as agrochemicals, batteries, industrial binders and construction. Bio vanillin is supplied to flavour and fragrance companies, as well as to the food and beverage industry, Biomaterials segment develops, produces and sells speciality cellulose mainly for use as a raw material in the production of cellulose ethers, cellulose acetate and other speciality products. It also includes cellulose fibrils for industrial applications, and the Fine Chemicals segment consists of fine chemical intermediates for contrast agents and bioethanol.