Granges AB (LTS:0R9X) Days Sales Outstanding : 53.09 (As of Sep. 2024)

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What is Granges AB Days Sales Outstanding?

Granges AB's average Accounts Receivable for the three months ended in Sep. 2024 was kr3,346 Mil. Granges AB's Revenue for the three months ended in Sep. 2024 was kr5,750 Mil. Hence, Granges AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 53.09.

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

LTS:0R9X' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.99 Med: 45.16 Max: 65.92
Current: 51.07

During the past 13 years, Granges AB's highest Days Sales Outstanding was 65.92. The lowest was 32.99. And the median was 45.16.

LTS:0R9X's Days Sales Outstanding is ranked worse than
55.74% of 775 companies
in the Metals & Mining industry
Industry Median: 41.54 vs LTS:0R9X: 51.07

Granges AB's Days Sales Outstanding declined from Sep. 2023 (55.50) to Sep. 2024 (53.09).

Granges AB Days Sales Outstanding Historical Data

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

Granges AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.42

47.75

36.87

32.99

39.96

Granges 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															55.50	52.21	49.37	48.97	53.09

Competitive Comparison of Granges AB's Days Sales Outstanding

For the Aluminum subindustry, Granges 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.

Granges AB's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Granges AB's Days Sales Outstanding distribution charts can be found below:

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

Granges 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.

Granges 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
=	( (2275	+	2656)	/	2 )	/	22519	*	365
=	2465.5					/	22519	*	365
=	39.96

Granges 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
=	( (3379	+	3312)	/	2 )	/	5750	*	365 / 4
=	3345.5					/	5750	*	365 / 4
=	53.09

Granges AB (LTS:0R9X) Days Sales Outstanding Explanation

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

Granges AB Days Sales Outstanding Related Terms

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Granges AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Granges AB (LTS:0R9X) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

GRNG:Sweden 9GR:Germany

Address

Linnegatan 18, Stockholm, SWE, SE 114 47

Website

https://www.granges.com

Granges AB is a Sweden-based supplier of rolled aluminum products for original equipment manufacturers. It produces heat exchanger applications, specialty packaging, and new rolled product niches. It develops, produces, and markets materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. The firm's geographical end-customer markets are Asia Pacific, Europe and North and South Americas. Granges has two operating segment: Granges Eurasia and Granges Americas. It derives maximum revenue from Granges Eurasia.

Granges AB Headlines

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