Atea ASA (CHIX:ATEAO) Days Sales Outstanding : 51.10 (As of Mar. 2024)

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What is Atea ASA Days Sales Outstanding?

Atea ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr4,259 Mil. Atea ASA's Revenue for the three months ended in Mar. 2024 was kr7,606 Mil. Hence, Atea ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.10.

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

CHIX:ATEAo' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.11 Med: 70.26 Max: 76.06
Current: 72.89

During the past 13 years, Atea ASA's highest Days Sales Outstanding was 76.06. The lowest was 47.11. And the median was 70.26.

CHIX:ATEAo's Days Sales Outstanding is ranked worse than
60.26% of 2728 companies
in the Software industry
Industry Median: 61.85 vs CHIX:ATEAo: 72.89

Atea ASA's Days Sales Outstanding increased from Dec. 2022 (49.45) to Mar. 2024 (51.10).

Atea ASA Days Sales Outstanding Historical Data

The historical data trend for Atea 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.

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Atea ASA Days Sales Outstanding Chart

Atea ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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68.84

53.90

47.11

70.50

66.97

Atea ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															49.45	59.72	55.69	59.79	51.10

Competitive Comparison of Atea ASA's Days Sales Outstanding

For the Information Technology Services subindustry, Atea 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.

Atea ASA's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Atea ASA's Days Sales Outstanding distribution charts can be found below:

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

Atea 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.

Atea ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (5188	+	6701)	/	2 )	/	32397	*	365
=	5944.5					/	32397	*	365
=	66.97

Atea ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3996	+	4522)	/	2 )	/	7606	*	365 / 4
=	4259					/	7606	*	365 / 4
=	51.10

Atea ASA (CHIX:ATEAo) Days Sales Outstanding Explanation

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

Atea ASA Days Sales Outstanding Related Terms

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Atea ASA (CHIX:ATEAO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Atea ASA (CHIX:ATEAo) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ATEAY:USA ATAZF:USA ATEAo:Sweden ATEA:Norway 0JWO:UK MKL:Germany

Address

Karvesvingen 5, P.O. Box 6472, Etterstad, Oslo, NOR, NO-0605

Website

https://www.atea.com

Atea ASA is a Norway-based company that provides IT infrastructure and system integration services to customers. The company's product and services portfolio includes the sale of products such as third-party hardware and software, mobile device management and security software, and maintenance and operation of IT infrastructure services for companies, among others. The company operations are divided into six business segments based on geographical areas and services: Norway, Sweden, Denmark, Finland, The Baltics, and Shared Services. The firm generates most of its revenue in Sweden.

Atea ASA (CHIX:ATEAO) Headlines

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