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Takkt AG (XTER:TTK) Days Sales Outstanding : 40.55 (As of Dec. 2023)


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What is Takkt AG Days Sales Outstanding?

Takkt AG's average Accounts Receivable for the three months ended in Dec. 2023 was €127 Mil. Takkt AG's Revenue for the three months ended in Dec. 2023 was €286 Mil. Hence, Takkt AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.55.

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

XTER:TTK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.41   Med: 32.14   Max: 39.13
Current: 39.13

During the past 13 years, Takkt AG's highest Days Sales Outstanding was 39.13. The lowest was 30.41. And the median was 32.14.

XTER:TTK's Days Sales Outstanding is ranked better than
90.03% of 2958 companies
in the Industrial Products industry
Industry Median: 79.1 vs XTER:TTK: 39.13

Takkt AG's Days Sales Outstanding increased from Dec. 2022 (39.13) to Dec. 2023 (40.55).


Takkt AG Days Sales Outstanding Historical Data

The historical data trend for Takkt 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.

Takkt AG Days Sales Outstanding Chart

Takkt AG 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 31.46 32.19 31.97 34.86 36.97

Takkt AG 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 39.13 39.22 39.30 39.73 40.55

Competitive Comparison of Takkt AG's Days Sales Outstanding

For the Business Equipment & Supplies subindustry, Takkt 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.


Takkt AG's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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



Takkt 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.

Takkt 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
=( (135.895 + 115.289) / 2 ) / 1240.018*365
=125.592 / 1240.018*365
=36.97

Takkt 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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (138.5 + 115.289) / 2 ) / 285.518*365 / 4
=126.8945 / 285.518*365 / 4
=40.55

* 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.


Takkt AG  (XTER:TTK) Days Sales Outstanding Explanation

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


Takkt AG Days Sales Outstanding Related Terms

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Takkt AG (XTER:TTK) Business Description

Traded in Other Exchanges
Address
Presselstrasse 12, Stuttgart, BW, DEU, 70191
Takkt AG specializes in B2B distance selling for business equipment. The company is engaged in three segments namely, Industrial & Packaging, Office Furniture & Displays and FoodService. The company has its geographic presence in Germany, Europe without Germany, USA and Others.

Takkt AG (XTER:TTK) Headlines

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