Sarsys AB (NGM:SARS) Days Sales Outstanding : 83.09 (As of Dec. 2023)

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What is Sarsys AB Days Sales Outstanding?

Sarsys AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr10.53 Mil. Sarsys AB's Revenue for the three months ended in Dec. 2023 was kr11.56 Mil. Hence, Sarsys AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 83.09.

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

NGM:SARS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.81 Med: 64.01 Max: 100.53
Current: 80.98

During the past 13 years, Sarsys AB's highest Days Sales Outstanding was 100.53. The lowest was 30.81. And the median was 64.01.

NGM:SARS's Days Sales Outstanding is ranked worse than
56.36% of 2461 companies
in the Hardware industry
Industry Median: 74.48 vs NGM:SARS: 80.98

Sarsys AB's Days Sales Outstanding increased from Dec. 2022 (60.77) to Dec. 2023 (83.09).

Sarsys AB Days Sales Outstanding Historical Data

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

Sarsys AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.05

80.77

81.82

30.81

36.72

Sarsys 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															60.77	63.78	89.29	123.98	83.09

Competitive Comparison of Sarsys AB's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Sarsys 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.

Sarsys AB's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Sarsys 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.

Sarsys 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
=	( (3.086	+	5.642)	/	2 )	/	43.382	*	365
=	4.364					/	43.382	*	365
=	36.72

Sarsys 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
=	( (15.415	+	5.642)	/	2 )	/	11.562	*	365 / 4
=	10.5285					/	11.562	*	365 / 4
=	83.09

Sarsys AB (NGM:SARS) Days Sales Outstanding Explanation

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

Sarsys AB Days Sales Outstanding Related Terms

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Sarsys AB (NGM:SARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sarsys AB (NGM:SARS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Piledalsvagen 51, Box 31, Kopingebro, SWE, 271 73

Website

https://www.sarsys-asft.com

Sarsys AB formerly SARSYS-ASFT AB is a developer and manufacturer of Continuous Friction Measuring Equipment and provider of cutting-edge ITS and Road/Runway Weather Information System. ASTF products include Volvo XC60/V90 Friction Tester, VW Sharan Friction, Skoda Octavia Friction, T-5 Trailer Friction, and T2GO Friction Tester. SARSYS products include Sarsys Volvo Friction Tester (V90), Sarsys Opel Friction, Sarsys Friction Tester Transporter, and Sarsys Trailer Friction Tester. The products include computerized technology for monitoring factors such as friction, freezing points, early ice warning-systems, precipitation, groundfrost, ice deposit growth, camera-surveillance systems among others.

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