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Vestas Wind Systems A/S (WBO:VWSB) Days Sales Outstanding : 24.55 (As of Dec. 2023)


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What is Vestas Wind Systems A/S Days Sales Outstanding?

Vestas Wind Systems A/S's average Accounts Receivable for the three months ended in Dec. 2023 was €1,284 Mil. Vestas Wind Systems A/S's Revenue for the three months ended in Dec. 2023 was €4,771 Mil. Hence, Vestas Wind Systems A/S's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.55.

The historical rank and industry rank for Vestas Wind Systems A/S's Days Sales Outstanding or its related term are showing as below:

WBO:VWSB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.4   Med: 35.68   Max: 40
Current: 29.4

During the past 13 years, Vestas Wind Systems A/S's highest Days Sales Outstanding was 40.00. The lowest was 29.40. And the median was 35.68.

WBO:VWSB's Days Sales Outstanding is ranked better than
94.62% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs WBO:VWSB: 29.40

Vestas Wind Systems A/S's Days Sales Outstanding declined from Dec. 2022 (25.77) to Dec. 2023 (24.55).


Vestas Wind Systems A/S Days Sales Outstanding Historical Data

The historical data trend for Vestas Wind Systems A/S'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.

Vestas Wind Systems A/S Days Sales Outstanding Chart

Vestas Wind Systems A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.46 36.92 35.93 35.41 30.67

Vestas Wind Systems A/S 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.77 39.93 31.28 25.33 24.55

Competitive Comparison of Vestas Wind Systems A/S's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Vestas Wind Systems A/S'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.


Vestas Wind Systems A/S's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vestas Wind Systems A/S's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vestas Wind Systems A/S's Days Sales Outstanding falls into.



Vestas Wind Systems A/S 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.

Vestas Wind Systems A/S'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
=( (1280 + 1305) / 2 ) / 15382*365
=1292.5 / 15382*365
=30.67

Vestas Wind Systems A/S'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
=( (1262 + 1305) / 2 ) / 4771*365 / 4
=1283.5 / 4771*365 / 4
=24.55

* 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.


Vestas Wind Systems A/S  (WBO:VWSB) Days Sales Outstanding Explanation

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


Vestas Wind Systems A/S Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vestas Wind Systems A/S's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Vestas Wind Systems A/S (WBO:VWSB) Business Description

Address
Hedeager 42, Aarhus, DNK, 8200
Vestas is a leading manufacturer of wind turbines with the highest installed capacity under service in the world. The firm operates two business segments: power solutions and services. The power solutions segment designs, manufactures, and installs onshore and offshore wind turbines. The services segment performs operating and maintenance service work on wind turbines.

Vestas Wind Systems A/S (WBO:VWSB) Headlines

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