Triona AB (NGM:TRIONA) Days Sales Outstanding : 63.77 (As of Sep. 2023)

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What is Triona AB Days Sales Outstanding?

Triona AB's average Accounts Receivable for the three months ended in Sep. 2023 was kr41.6 Mil. Triona AB's Revenue for the three months ended in Sep. 2023 was kr59.5 Mil. Hence, Triona AB's Days Sales Outstanding for the three months ended in Sep. 2023 was 63.77.

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

NGM:TRIONA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.42 Med: 67.76 Max: 74.03
Current: 53.54

During the past 3 years, Triona AB's highest Days Sales Outstanding was 74.03. The lowest was 45.42. And the median was 67.76.

NGM:TRIONA's Days Sales Outstanding is ranked better than
60.29% of 2732 companies
in the Software industry
Industry Median: 61.815 vs NGM:TRIONA: 53.54

Triona AB's Days Sales Outstanding increased from Sep. 2022 (62.42) to Sep. 2023 (63.77).

Triona AB Days Sales Outstanding Historical Data

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

Triona AB Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

74.03

67.76

45.42

Triona AB Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial					62.42	47.22	45.79	57.24	63.77

Competitive Comparison of Triona AB's Days Sales Outstanding

For the Information Technology Services subindustry, Triona 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.

Triona AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Triona 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.

Triona AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (32.849	+	32.322)	/	2 )	/	261.869	*	365
=	32.5855					/	261.869	*	365
=	45.42

Triona AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (41.808	+	41.304)	/	2 )	/	59.464	*	365 / 4
=	41.556					/	59.464	*	365 / 4
=	63.77

Triona AB (NGM:TRIONA) Days Sales Outstanding Explanation

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

Triona AB Days Sales Outstanding Related Terms

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Triona AB (NGM:TRIONA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triona AB (NGM:TRIONA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Box 762, Borlange, SWE, S-781 27

Website

https://www.triona.se

Triona AB is a leading and reliable supplier of innovative IT solutions related to logistics and infrastructure-oriented businesses.

Triona AB (NGM:TRIONA) Headlines

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