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H. Lundbeck AS (OCSE:HLUN B) Days Sales Outstanding : 61.34 (As of Mar. 2024)


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What is H. Lundbeck AS Days Sales Outstanding?

H. Lundbeck AS's average Accounts Receivable for the three months ended in Mar. 2024 was kr3,555 Mil. H. Lundbeck AS's Revenue for the three months ended in Mar. 2024 was kr5,288 Mil. Hence, H. Lundbeck AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.34.

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

OCSE:HLUN B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.69   Med: 58.09   Max: 74.39
Current: 70.66

During the past 13 years, H. Lundbeck AS's highest Days Sales Outstanding was 74.39. The lowest was 51.69. And the median was 58.09.

OCSE:HLUN B's Days Sales Outstanding is ranked better than
51.05% of 999 companies
in the Drug Manufacturers industry
Industry Median: 71.45 vs OCSE:HLUN B: 70.66

H. Lundbeck AS's Days Sales Outstanding declined from Mar. 2023 (62.28) to Mar. 2024 (61.34).


H. Lundbeck AS Days Sales Outstanding Historical Data

The historical data trend for H. Lundbeck 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.

H. Lundbeck AS Days Sales Outstanding Chart

H. Lundbeck AS 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 58.16 54.95 56.12 51.69 52.00

H. Lundbeck AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 62.28 77.49 75.78 63.96 61.34

Competitive Comparison of H. Lundbeck AS's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, H. Lundbeck 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.


H. Lundbeck AS's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, H. Lundbeck AS's Days Sales Outstanding distribution charts can be found below:

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



H. Lundbeck 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.

H. Lundbeck AS'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
=( (2709 + 2965) / 2 ) / 19912*365
=2837 / 19912*365
=52.00

H. Lundbeck AS's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2965 + 4144) / 2 ) / 5288*365 / 4
=3554.5 / 5288*365 / 4
=61.34

* 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.


H. Lundbeck AS  (OCSE:HLUN B) Days Sales Outstanding Explanation

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


H. Lundbeck AS Days Sales Outstanding Related Terms

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H. Lundbeck AS (OCSE:HLUN B) Business Description

Address
Ottiliavej 9, Valby, DNK, 2500
Lundbeck is a Denmark-based pharmaceutical firm that focuses on the development and commercialization of central nervous system, or CNS, drugs including antidepressants, antipsychotics, and antiepileptic products. The company's portfolio includes Abilify Maintena and Rexulti for psychosis, Brintellix/Trintellix for depression, Northera for Parkinson's disease symptoms, Sabril and Onfi for seizures, and Vyepti for migraine prevention. Most of the company's sales are derived in North America, followed by Asia and Europe.

H. Lundbeck AS (OCSE:HLUN B) Headlines

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