L E Lundbergforetagen AB (LTS:0GWB) Days Sales Outstanding : 28.99 (As of Dec. 2023)

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What is L E Lundbergforetagen AB Days Sales Outstanding?

L E Lundbergforetagen AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr2,740 Mil. L E Lundbergforetagen AB's Revenue for the three months ended in Dec. 2023 was kr8,626 Mil. Hence, L E Lundbergforetagen AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.99.

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

LTS:0GWB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.43 Med: 35.25 Max: 39.24
Current: 34.07

During the past 13 years, L E Lundbergforetagen AB's highest Days Sales Outstanding was 39.24. The lowest was 31.43. And the median was 35.25.

LTS:0GWB's Days Sales Outstanding is ranked better than
63.42% of 514 companies
in the Asset Management industry
Industry Median: 50.43 vs LTS:0GWB: 34.07

L E Lundbergforetagen AB's Days Sales Outstanding increased from Dec. 2022 (28.10) to Dec. 2023 (28.99).

L E Lundbergforetagen AB Days Sales Outstanding Historical Data

The historical data trend for L E Lundbergforetagen 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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L E Lundbergforetagen AB Days Sales Outstanding Chart

L E Lundbergforetagen AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.84

35.47

31.43

31.50

34.07

L E Lundbergforetagen AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															28.10	33.73	-	-	28.99

Competitive Comparison of L E Lundbergforetagen AB's Days Sales Outstanding

For the Asset Management subindustry, L E Lundbergforetagen 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.

L E Lundbergforetagen AB's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, L E Lundbergforetagen AB's Days Sales Outstanding distribution charts can be found below:

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

L E Lundbergforetagen 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.

L E Lundbergforetagen 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
=	( (2980	+	2740)	/	2 )	/	30640	*	365
=	2860					/	30640	*	365
=	34.07

L E Lundbergforetagen AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	2740)	/	1 )	/	8626	*	365 / 4
=	2740					/	8626	*	365 / 4
=	28.99

L E Lundbergforetagen AB (LTS:0GWB) Days Sales Outstanding Explanation

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

L E Lundbergforetagen AB Days Sales Outstanding Related Terms

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L E Lundbergforetagen AB (LTS:0GWB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » L E Lundbergforetagen AB (LTS:0GWB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LBGUF:USA LUND B:Sweden LUNDBs:UK LK3B:Germany

Address

Hovslagargatan 5B, PO Box 14048, Stockholm, SWE, 104 40

Website

https://www.lundbergforetagen.se

L E Lundbergforetagen AB is an investment holding company with a long-term, activist orientation. Its portfolio includes a wholly owned unlisted real estate entity, publicly-traded subsidiaries, and other major shareholdings. Lundberg's investment objective is to generate returns on capital that over time substantially exceed the yield on a risk-free, interest-bearing instrument. Real estate operations, which the company has conducted through subsidiaries for decades, account for nearly half of the company's net asset value. Lundberg exercises activism through board representation on all of its portfolio companies. It supports its capital allocation program by maintaining low levels of indebtedness on its balance sheet.

L E Lundbergforetagen AB (LTS:0GWB) Headlines

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