Getinge AB (Getinge AB) Days Sales Outstanding : 65.00 (As of Mar. 2024)

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What is Getinge AB Days Sales Outstanding?

Getinge AB's average Accounts Receivable for the three months ended in Mar. 2024 was $514 Mil. Getinge AB's Revenue for the three months ended in Mar. 2024 was $722 Mil. Hence, Getinge AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.00.

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

GNGBF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.01 Med: 87.55 Max: 128.66
Current: 55.01

During the past 13 years, Getinge AB's highest Days Sales Outstanding was 128.66. The lowest was 55.01. And the median was 87.55.

GNGBF's Days Sales Outstanding is ranked better than
63.2% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs GNGBF: 55.01

Getinge AB's Days Sales Outstanding increased from Mar. 2023 (63.41) to Mar. 2024 (65.00).

Getinge AB Days Sales Outstanding Historical Data

The historical data trend for Getinge 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.

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Getinge AB Days Sales Outstanding Chart

Getinge AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.43

67.10

70.82

68.61

62.80

Getinge AB 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															63.41	58.90	55.06	45.67	65.00

Competitive Comparison of Getinge AB's Days Sales Outstanding

For the Medical Devices subindustry, Getinge 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.

Getinge AB's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Getinge AB's Days Sales Outstanding distribution charts can be found below:

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

Getinge 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.

Getinge 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
=	( (508.287	+	559.488)	/	2 )	/	3102.773	*	365
=	533.8875					/	3102.773	*	365
=	62.80

Getinge AB'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
=	( (559.488	+	468.625)	/	2 )	/	721.62	*	365 / 4
=	514.0565					/	721.62	*	365 / 4
=	65.00

Getinge AB (OTCPK:GNGBF) Days Sales Outstanding Explanation

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

Getinge AB Days Sales Outstanding Related Terms

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Getinge AB (Getinge AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Getinge AB (OTCPK:GNGBF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GNGBY:USA GETI B:Sweden GETIBs:UK 0GZV:UK GTN:Germany

Address

Lindholmspiren 7A, P.O. Box 8861, Gothenburg, SWE, SE-417 56

Website

https://www.getinge.com

Getinge, headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in the hospital, pharmaceutical, and research settings. The company reports in three segments: acute care therapies (54% of revenue), surgical workflows (32%), and life sciences (14%). Product areas include ventilators, surgical stents, life support systems, sterilizers, surgical tables, and sterile transfer systems. Getinge derives revenue from a broad geographic footprint, with the Americas accounting for 45% of sales (U.S. 33% of sales), Asia-Pacific 25%, and Europe, Middle East, and Africa the remaining 30%.