Fortnox AB (LTS:0G3T) Days Sales Outstanding : 12.32 (As of Mar. 2025)

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What is Fortnox AB Days Sales Outstanding?

Fortnox AB's average Accounts Receivable for the three months ended in Mar. 2025 was kr76 Mil. Fortnox AB's Revenue for the three months ended in Mar. 2025 was kr563 Mil. Hence, Fortnox AB's Days Sales Outstanding for the three months ended in Mar. 2025 was 12.32.

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

LTS:0G3T' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.96 Med: 24.84 Max: 37.47
Current: 32.87

During the past 13 years, Fortnox AB's highest Days Sales Outstanding was 37.47. The lowest was 16.96. And the median was 24.84.

LTS:0G3T's Days Sales Outstanding is ranked better than
83.3% of 2736 companies
in the Software industry
Industry Median: 63.12 vs LTS:0G3T: 32.87

Fortnox AB's Days Sales Outstanding declined from Mar. 2024 (24.42) to Mar. 2025 (12.32).

Fortnox AB Days Sales Outstanding Historical Data

The historical data trend for Fortnox 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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Fortnox AB Days Sales Outstanding Chart

Fortnox AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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21.16

23.06

23.79

22.90

16.96

Fortnox AB Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															24.42	23.74	58.97	52.38	12.32

Competitive Comparison of Fortnox AB's Days Sales Outstanding

For the Software - Application subindustry, Fortnox 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.

Fortnox AB's Days Sales Outstanding Distribution in the Software Industry

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

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

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Fortnox 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.

Fortnox AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (114	+	76)	/	2 )	/	2045	*	365
=	95					/	2045	*	365
=	16.96

Fortnox AB's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (76	+	76)	/	2 )	/	563	*	365 / 4
=	76					/	563	*	365 / 4
=	12.32

Fortnox AB (LTS:0G3T) Days Sales Outstanding Explanation

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

Fortnox AB Days Sales Outstanding Related Terms

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Fortnox AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortnox AB (LTS:0G3T) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FNOX:Sweden FNOXs:UK 9E80:Germany

Address

Framtidsvagen Street 10A, PO Box 427, Videum Science Park, Vaxjo, SWE, 351 06

Website

https://www.fortnox.se

Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business's financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces.

Fortnox AB Headlines

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