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MEKO AB (FRA:1OM) Days Sales Outstanding : 54.69 (As of Sep. 2024)


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What is MEKO AB Days Sales Outstanding?

MEKO AB's average Accounts Receivable for the three months ended in Sep. 2024 was €245 Mil. MEKO AB's Revenue for the three months ended in Sep. 2024 was €409 Mil. Hence, MEKO AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 54.69.

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

FRA:1OM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.11   Med: 28.59   Max: 49.19
Current: 49.19

During the past 13 years, MEKO AB's highest Days Sales Outstanding was 49.19. The lowest was 26.11. And the median was 28.59.

FRA:1OM's Days Sales Outstanding is ranked better than
63.28% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs FRA:1OM: 49.19

MEKO AB's Days Sales Outstanding declined from Sep. 2023 (56.58) to Sep. 2024 (54.69).


MEKO AB Days Sales Outstanding Historical Data

The historical data trend for MEKO AB'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.

MEKO AB Days Sales Outstanding Chart

MEKO AB 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 26.43 25.72 26.31 29.43 27.77

MEKO AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 56.58 39.00 42.34 52.45 54.69

Competitive Comparison of MEKO AB's Days Sales Outstanding

For the Auto Parts subindustry, MEKO AB'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.


MEKO AB's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MEKO AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MEKO AB's Days Sales Outstanding falls into.



MEKO AB 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.

MEKO AB'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
=( (116.249 + 118.809) / 2 ) / 1544.604*365
=117.529 / 1544.604*365
=27.77

MEKO AB's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (235.461 + 254.472) / 2 ) / 408.705*365 / 4
=244.9665 / 408.705*365 / 4
=54.69

* 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.


MEKO AB  (FRA:1OM) Days Sales Outstanding Explanation

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


MEKO AB Days Sales Outstanding Related Terms

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MEKO AB Business Description

Traded in Other Exchanges
Address
Solnavagen 4, 11th Floor, Box 19542, Stockholm, SWE, SE-104 32
MEKO AB functions in the car aftermarket, operating car service chains, and wholesale operations. It offers spare parts and accessories to affiliated workshops, other workshops, other business-to-business customers, and car owners. The company conducts business through segments: Denmark, Finland, Poland/the Baltics, Sweden/Norway, and Sorensen og Balchen (Norway). It generates maximum revenue from Sweden/Norway. Affiliated workshops operate under the company's brands: BilXtra, MECA Car Service, Mekonomen Bilverstad, MekoPartner, and Speedy, among others.

MEKO AB Headlines

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