Sandvik AB (Sandvik AB) Days Sales Outstanding

: 68.30 (As of Dec. 2023)

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Sandvik AB's average Accounts Receivable for the three months ended in Dec. 2023 was $2,321 Mil. Sandvik AB's Revenue for the three months ended in Dec. 2023 was $3,102 Mil. Hence, Sandvik AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.30.

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

SDVKY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.94 Med: 56.3 Max: 76.79
Current: 76.79

During the past 13 years, Sandvik AB's highest Days Sales Outstanding was 76.79. The lowest was 51.94. And the median was 56.30.

SDVKY's Days Sales Outstanding is ranked better than
51.67% of 2957 companies
in the Industrial Products industry
Industry Median: 78.91 vs SDVKY: 76.79

Sandvik AB's Days Sales Outstanding declined from Dec. 2022 (68.88) to Dec. 2023 (68.30).

Sandvik AB Days Sales Outstanding Historical Data

The historical data trend for Sandvik 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.

* Premium members only.

Sandvik AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

54.47

53.99

65.56

62.52

53.30

Sandvik 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																68.88	73.91	92.37	95.04	68.30

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Sandvik 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.

Sandvik AB Days Sales Outstanding Distribution

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

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

Sandvik 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.

Sandvik AB'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
=	( (1800.443	+	1801.299)	/	2 )	/	12332.612	*	365
=	1800.871					/	12332.612	*	365
=	53.30

Sandvik 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
=	( (2841.639	+	1801.299)	/	2 )	/	3101.7	*	365 / 4
=	2321.469					/	3101.7	*	365 / 4
=	68.30

Sandvik AB (OTCPK:SDVKY) Days Sales Outstanding Explanation

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

Sandvik AB Days Sales Outstanding Related Terms

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Sandvik AB (Sandvik AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sandvik AB (OTCPK:SDVKY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SDVKF:USA SAND:Sweden SAND:Mexico SANDs:UK 0HC0:UK SVKB:Germany

Address

Kungsbron 1, Section G, Floor 6, Stockholm, SWE, 111 22

Website

https://www.sandvik.com

Sandvik is a manufacturer of specialized tools and mining equipment used predominantly by global mining, engineering, and automotive customers. The company's core operations are in metal cutting and mining equipment. The company has a well-documented history, having been founded in 1862 and listed on the Nordic Exchange in Stockholm in 1901.Europe is the largest contributor to group sales at 27%, followed by North America 25%, Asia 19%, Australia 12%, Africa/Middle East 11%, and South America 6%.