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Investment AB Latour (LTS:0RQP) Days Sales Outstanding : 90.23 (As of Sep. 2024)


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What is Investment AB Latour Days Sales Outstanding?

Investment AB Latour's average Accounts Receivable for the three months ended in Sep. 2024 was kr6,159 Mil. Investment AB Latour's Revenue for the three months ended in Sep. 2024 was kr6,228 Mil. Hence, Investment AB Latour's Days Sales Outstanding for the three months ended in Sep. 2024 was 90.23.

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

LTS:0RQP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.64   Med: 58.56   Max: 81.42
Current: 81.42

During the past 13 years, Investment AB Latour's highest Days Sales Outstanding was 81.42. The lowest was 51.64. And the median was 58.56.

LTS:0RQP's Days Sales Outstanding is ranked worse than
66.93% of 505 companies
in the Asset Management industry
Industry Median: 50.77 vs LTS:0RQP: 81.42

Investment AB Latour's Days Sales Outstanding declined from Sep. 2023 (94.00) to Sep. 2024 (90.23).


Investment AB Latour Days Sales Outstanding Historical Data

The historical data trend for Investment AB Latour'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.

Investment AB Latour Days Sales Outstanding Chart

Investment AB Latour 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 59.04 59.38 58.07 65.25 61.47

Investment AB Latour 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 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 94.00 71.87 72.98 83.29 90.23

Competitive Comparison of Investment AB Latour's Days Sales Outstanding

For the Asset Management subindustry, Investment AB Latour'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.


Investment AB Latour's Days Sales Outstanding Distribution in the Asset Management Industry

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

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



Investment AB Latour 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.

Investment AB Latour'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
=( (4573 + 4033) / 2 ) / 25550*365
=4303 / 25550*365
=61.47

Investment AB Latour'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
=( (6147 + 6170) / 2 ) / 6228*365 / 4
=6158.5 / 6228*365 / 4
=90.23

* 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.


Investment AB Latour  (LTS:0RQP) Days Sales Outstanding Explanation

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


Investment AB Latour Days Sales Outstanding Related Terms

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Investment AB Latour Business Description

Traded in Other Exchanges
Address
J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25
Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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