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Iceland Seafood International hf (OISE:ICESEA) Days Sales Outstanding : 52.38 (As of Mar. 2024)


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What is Iceland Seafood International hf Days Sales Outstanding?

Iceland Seafood International hf's average Accounts Receivable for the three months ended in Mar. 2024 was kr9,844 Mil. Iceland Seafood International hf's Revenue for the three months ended in Mar. 2024 was kr17,148 Mil. Hence, Iceland Seafood International hf's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.38.

The historical rank and industry rank for Iceland Seafood International hf's Days Sales Outstanding or its related term are showing as below:

OISE:ICESEA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.21   Med: 52.64   Max: 57.53
Current: 56.49

During the past 11 years, Iceland Seafood International hf's highest Days Sales Outstanding was 57.53. The lowest was 47.21. And the median was 52.64.

OISE:ICESEA's Days Sales Outstanding is ranked worse than
71.83% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs OISE:ICESEA: 56.49

Iceland Seafood International hf's Days Sales Outstanding declined from Mar. 2023 (52.43) to Mar. 2024 (52.38).


Iceland Seafood International hf Days Sales Outstanding Historical Data

The historical data trend for Iceland Seafood International hf'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.

Iceland Seafood International hf Days Sales Outstanding Chart

Iceland Seafood International hf 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 53.07 52.16 57.04 57.53 51.02

Iceland Seafood International hf 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 52.43 62.06 55.80 48.27 52.38

Competitive Comparison of Iceland Seafood International hf's Days Sales Outstanding

For the Packaged Foods subindustry, Iceland Seafood International hf'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.


Iceland Seafood International hf's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Iceland Seafood International hf's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Iceland Seafood International hf's Days Sales Outstanding falls into.



Iceland Seafood International hf 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.

Iceland Seafood International hf'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
=( (9181.769 + 8984.611) / 2 ) / 64979.797*365
=9083.19 / 64979.797*365
=51.02

Iceland Seafood International hf'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
=( (8984.611 + 10702.474) / 2 ) / 17147.853*365 / 4
=9843.5425 / 17147.853*365 / 4
=52.38

* 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.


Iceland Seafood International hf  (OISE:ICESEA) Days Sales Outstanding Explanation

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


Iceland Seafood International hf Days Sales Outstanding Related Terms

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Iceland Seafood International hf (OISE:ICESEA) Business Description

Traded in Other Exchanges
N/A
Address
Kollunarklettsvegur 2, Reykjavik, ISL, 104
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.

Iceland Seafood International hf (OISE:ICESEA) Headlines

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