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Munters Group AB (LTS:0RPO) Days Sales Outstanding : 55.13 (As of Jun. 2024)


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What is Munters Group AB Days Sales Outstanding?

Munters Group AB's average Accounts Receivable for the three months ended in Jun. 2024 was kr2,291 Mil. Munters Group AB's Revenue for the three months ended in Jun. 2024 was kr3,791 Mil. Hence, Munters Group AB's Days Sales Outstanding for the three months ended in Jun. 2024 was 55.13.

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

LTS:0RPO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.37   Med: 57.39   Max: 65.43
Current: 57.63

During the past 10 years, Munters Group AB's highest Days Sales Outstanding was 65.43. The lowest was 50.37. And the median was 57.39.

LTS:0RPO's Days Sales Outstanding is ranked better than
74.22% of 2975 companies
in the Industrial Products industry
Industry Median: 79.28 vs LTS:0RPO: 57.63

Munters Group AB's Days Sales Outstanding declined from Jun. 2023 (59.42) to Jun. 2024 (55.13).


Munters Group AB Days Sales Outstanding Historical Data

The historical data trend for Munters Group 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.

Munters Group AB Days Sales Outstanding Chart

Munters Group 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 54.73 51.64 57.84 59.99 53.16

Munters Group AB Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 59.42 62.35 56.41 56.02 55.13

Competitive Comparison of Munters Group AB's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Munters Group 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.


Munters Group AB's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Munters Group AB's Days Sales Outstanding distribution charts can be found below:

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



Munters Group 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.

Munters Group 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
=( (2020 + 2038) / 2 ) / 13930*365
=2029 / 13930*365
=53.16

Munters Group AB's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (2306 + 2275) / 2 ) / 3791*365 / 4
=2290.5 / 3791*365 / 4
=55.13

* 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.


Munters Group AB  (LTS:0RPO) Days Sales Outstanding Explanation

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


Munters Group AB Days Sales Outstanding Related Terms

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Munters Group AB Business Description

Traded in Other Exchanges
Address
Borgafjordsgatan 16, Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments which are; AirTech, Data Center Technologies and FoodTech. Majority of the revenue is generated from its AirTech segment that manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from United States and rest from China, Germany, United Kingdom, Canada, Sweden and other markets.

Munters Group AB Headlines

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