AKRYY (Aker Solutions ASA) Days Sales Outstanding : 40.33 (As of Jun. 2024)

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What is Aker Solutions ASA Days Sales Outstanding?

Aker Solutions ASA's average Accounts Receivable for the six months ended in Jun. 2024 was $506 Mil. Aker Solutions ASA's Revenue for the six months ended in Jun. 2024 was $2,290 Mil. Hence, Aker Solutions ASA's Days Sales Outstanding for the six months ended in Jun. 2024 was 40.33.

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

AKRYY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.84 Med: 62.43 Max: 83.86
Current: 46.23

During the past 13 years, Aker Solutions ASA's highest Days Sales Outstanding was 83.86. The lowest was 31.84. And the median was 62.43.

AKRYY's Days Sales Outstanding is ranked better than
52.51% of 916 companies
in the Oil & Gas industry
Industry Median: 48.64 vs AKRYY: 46.23

Aker Solutions ASA's Days Sales Outstanding declined from Jun. 2023 (70.57) to Jun. 2024 (40.33).

Aker Solutions ASA Days Sales Outstanding Historical Data

The historical data trend for Aker Solutions 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.

* Premium members only.

Aker Solutions ASA Days Sales Outstanding Chart

Aker Solutions ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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32.56

39.83

48.22

73.54

58.60

Aker Solutions ASA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															47.53	116.61	70.57	51.53	40.33

Competitive Comparison of Aker Solutions ASA's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Aker Solutions 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.

Aker Solutions ASA's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Aker Solutions ASA's Days Sales Outstanding distribution charts can be found below:

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

Aker Solutions 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.

Aker Solutions 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
=	( (592.808	+	499.27)	/	2 )	/	3401.236	*	365
=	546.039					/	3401.236	*	365
=	58.60

Aker Solutions ASA's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (499.27	+	512.651)	/	2 )	/	2289.787	*	365 / 2
=	505.9605					/	2289.787	*	365 / 2
=	40.33

Aker Solutions ASA (OTCPK:AKRYY) Days Sales Outstanding Explanation

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

Aker Solutions ASA Days Sales Outstanding Related Terms

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Aker Solutions ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Aker Solutions ASA (OTCPK:AKRYY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AKRTF:USA AKSOo:Sweden AKSO:Norway AKSOo:UK 0QXP:UK 1AKA:Germany

Address

Oksenoyveien 8, Lysaker, Fornebu, NOR, 1366

Website

https://www.akersolutions.com

Aker Solutions ASA provides integrated solutions, products and services to the world's energy industry. Aker Solutions provides low carbon oil and gas solutions, and develops renewable solutions for customers around the world. Aker Solutions reports under the following reporting segments which are Renewables and Field Development includes Offshore wind power Green onshore Traditional oil and gas platforms Onshore facilities Decommissioning and marine operations Life Cycle segments involves Optimized field life solutions Decarbonization driven solutions Offshore and onshore facilities Life cycle offerings.