Forbo Holding AG (XSWX:FORN) Days Sales Outstanding

: 63.37 (As of Dec. 2023)

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Forbo Holding AG's average Accounts Receivable for the six months ended in Dec. 2023 was CHF194 Mil. Forbo Holding AG's Revenue for the six months ended in Dec. 2023 was CHF560 Mil. Hence, Forbo Holding AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 63.37.

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

XSWX:FORN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.9 Med: 46.24 Max: 56.33
Current: 56.33

During the past 13 years, Forbo Holding AG's highest Days Sales Outstanding was 56.33. The lowest was 42.90. And the median was 46.24.

XSWX:FORN's Days Sales Outstanding is ranked better than
64.98% of 1642 companies
in the Construction industry
Industry Median: 72.305 vs XSWX:FORN: 56.33

Forbo Holding AG's Days Sales Outstanding increased from Dec. 2022 (60.44) to Dec. 2023 (63.37).

Forbo Holding AG Days Sales Outstanding Historical Data

The historical data trend for Forbo Holding AG'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.

Forbo Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

46.87

49.28

42.90

43.55

45.67

Forbo Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																59.03	56.45	60.44	60.10	63.37

Competitive Comparison

For the Building Products & Equipment subindustry, Forbo Holding AG'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.

Forbo Holding AG Days Sales Outstanding Distribution

For the Construction industry and Industrials sector, Forbo Holding AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forbo Holding AG's Days Sales Outstanding falls into.

Forbo Holding AG 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.

Forbo Holding AG'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
=	( (155.2	+	138.9)	/	2 )	/	1175.2	*	365
=	147.05					/	1175.2	*	365
=	45.67

Forbo Holding AG'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (250	+	138.9)	/	2 )	/	560	*	365 / 2
=	194.45					/	560	*	365 / 2
=	63.37

Forbo Holding AG (XSWX:FORN) Days Sales Outstanding Explanation

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

Forbo Holding AG Days Sales Outstanding Related Terms

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Forbo Holding AG (XSWX:FORN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Forbo Holding AG (XSWX:FORN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FORNz:UK

Address

Lindenstrasse 8, P.O. Box 1339, Baar, CHE, CH-6341

Website

https://www.forbo.com

Forbo Holding AG manufactures and sells flooring and movement systems. The company organizes itself into two segments based on product type. The Flooring Systems segment, which generates the majority of revenue, sells commercial and residential floor coverings, entrance flooring systems, and building and construction flooring adhesives to the construction and remodeling industries. The Movement Systems segment sells conveyor and processing belts, plastic modular belts, power transmission belts, and flat modular belts, to the food, automotive, and fitness equipment industries. The majority of revenue comes from Europe.

Forbo Holding AG (XSWX:FORN) Headlines

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