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Asetek AS (OCSE:ASTK) Days Sales Outstanding : 70.95 (As of Dec. 2024)


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What is Asetek AS Days Sales Outstanding?

Asetek AS's average Accounts Receivable for the six months ended in Dec. 2024 was kr76.4 Mil. Asetek AS's Revenue for the six months ended in Dec. 2024 was kr196.4 Mil. Hence, Asetek AS's Days Sales Outstanding for the six months ended in Dec. 2024 was 70.95.

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

OCSE:ASTK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.8   Med: 79.29   Max: 94.42
Current: 74.16

During the past 13 years, Asetek AS's highest Days Sales Outstanding was 94.42. The lowest was 46.80. And the median was 79.29.

OCSE:ASTK's Days Sales Outstanding is ranked better than
50.95% of 2426 companies
in the Hardware industry
Industry Median: 75.2 vs OCSE:ASTK: 74.16

Asetek AS's Days Sales Outstanding declined from Dec. 2023 (85.33) to Dec. 2024 (70.95).


Asetek AS Days Sales Outstanding Historical Data

The historical data trend for Asetek AS'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.

Asetek AS Days Sales Outstanding Chart

Asetek AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.42 84.00 82.94 46.80 74.64

Asetek AS Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 110.97 76.47 85.33 76.29 70.95

Competitive Comparison of Asetek AS's Days Sales Outstanding

For the Computer Hardware subindustry, Asetek AS'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.


Asetek AS's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Asetek AS's Days Sales Outstanding falls into.


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Asetek AS 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.

Asetek AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (72.326 + 80.601) / 2 ) / 373.924*365
=76.4635 / 373.924*365
=74.64

Asetek AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (72.13 + 80.601) / 2 ) / 196.442*365 / 2
=76.3655 / 196.442*365 / 2
=70.95

* 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.


Asetek AS  (OCSE:ASTK) Days Sales Outstanding Explanation

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


Asetek AS Days Sales Outstanding Related Terms

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Asetek AS Business Description

Industry
Traded in Other Exchanges
Address
Assensvej 2, Aalborg East, Aalborg, DNK, DK-9220
Asetek AS designs develop and market liquid cooling products. It operates in three segments: Liquid Cooling, Data center, and SimSports. The company generates maximum revenue from the Liquid Cooling segment. The Company operates internationally in several geographical areas, principally in Asia, Europe and the Americas. It derives majority of its revenue from Asia region followed by Americas.

Asetek AS Headlines

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