Kongsberg Gruppen ASA (CHIX:KOGO) Days Sales Outstanding : 68.31 (As of Mar. 2024)

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What is Kongsberg Gruppen ASA Days Sales Outstanding?

Kongsberg Gruppen ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr8,571 Mil. Kongsberg Gruppen ASA's Revenue for the three months ended in Mar. 2024 was kr11,450 Mil. Hence, Kongsberg Gruppen ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 68.31.

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

CHIX:KOGo' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.01 Med: 66.37 Max: 84.83
Current: 66.76

During the past 13 years, Kongsberg Gruppen ASA's highest Days Sales Outstanding was 84.83. The lowest was 53.01. And the median was 66.37.

CHIX:KOGo's Days Sales Outstanding is ranked worse than
52.16% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.69 vs CHIX:KOGo: 66.76

Kongsberg Gruppen ASA's Days Sales Outstanding declined from Mar. 2023 (69.66) to Mar. 2024 (68.31).

Kongsberg Gruppen ASA Days Sales Outstanding Historical Data

The historical data trend for Kongsberg Gruppen 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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Kongsberg Gruppen ASA Days Sales Outstanding Chart

Kongsberg Gruppen ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.96

84.83

66.89

65.85

70.45

Kongsberg Gruppen ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															69.66	67.47	69.70	63.72	68.31

Competitive Comparison of Kongsberg Gruppen ASA's Days Sales Outstanding

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.

Kongsberg Gruppen ASA's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's Days Sales Outstanding distribution charts can be found below:

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

Kongsberg Gruppen 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.

Kongsberg Gruppen 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
=	( (6957	+	8722)	/	2 )	/	40617	*	365
=	7839.5					/	40617	*	365
=	70.45

Kongsberg Gruppen 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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (8722	+	8420)	/	2 )	/	11450	*	365 / 4
=	8571					/	11450	*	365 / 4
=	68.31

Kongsberg Gruppen ASA (CHIX:KOGo) Days Sales Outstanding Explanation

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

Kongsberg Gruppen ASA Days Sales Outstanding Related Terms

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Kongsberg Gruppen ASA (CHIX:KOGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Kongsberg Gruppen ASA (CHIX:KOGo) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KBGGY:USA NSKFF:USA KOGO:Sweden KOG:Norway 0F08:UK KOZ:Germany

Address

Kirkegardsveien 45, Kongsberg, NOR, N-3616

Website

https://www.kongsberg.com

Kongsberg Gruppen ASA is an international technology company that supplies products and services to defense, maritime, oil, gas, and aerospace industries. The company is divided into two business segments: the maritime segment and defense and aerospace systems. Maritime, which earns most of the company revenue, creates navigation, automation, monitoring, and positioning products for commercial ships and offshore industries. The defense and aerospace segment provides defense and space-related products and systems. Outside of the two main segments, the firm operates Kongsberg Digital, which produces digital solutions for oil, gas, wind, and merchant marine markets. Products are delivered globally, with North America accounting for about a third of total revenue.

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