AF Gruppen ASA (OSL:AFG) Days Sales Outstanding : 57.51 (As of Mar. 2024)

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What is AF Gruppen ASA Days Sales Outstanding?

AF Gruppen ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr4,530 Mil. AF Gruppen ASA's Revenue for the three months ended in Mar. 2024 was kr7,187 Mil. Hence, AF Gruppen ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 57.51.

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

OSL:AFG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.1 Med: 58.05 Max: 81.02
Current: 64.47

During the past 13 years, AF Gruppen ASA's highest Days Sales Outstanding was 81.02. The lowest was 51.10. And the median was 58.05.

OSL:AFG's Days Sales Outstanding is ranked better than
57.74% of 1647 companies
in the Construction industry
Industry Median: 72.35 vs OSL:AFG: 64.47

AF Gruppen ASA's Days Sales Outstanding declined from Mar. 2023 (65.27) to Mar. 2024 (57.51).

AF Gruppen ASA Days Sales Outstanding Historical Data

The historical data trend for AF Gruppen ASA'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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AF Gruppen ASA Days Sales Outstanding Chart

AF Gruppen ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.52

54.88

52.73

51.10

57.57

AF Gruppen ASA 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															65.27	68.36	74.43	60.92	57.51

Competitive Comparison of AF Gruppen ASA's Days Sales Outstanding

For the Engineering & Construction subindustry, AF Gruppen ASA'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.

AF Gruppen ASA's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, AF Gruppen ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where AF Gruppen ASA's Days Sales Outstanding falls into.

AF Gruppen ASA 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.

AF Gruppen ASA'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
=	( (4451	+	5061)	/	2 )	/	30155	*	365
=	4756					/	30155	*	365
=	57.57

AF Gruppen ASA'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
=	( (5061	+	3998)	/	2 )	/	7187	*	365 / 4
=	4529.5					/	7187	*	365 / 4
=	57.51

AF Gruppen ASA (OSL:AFG) Days Sales Outstanding Explanation

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

AF Gruppen ASA Days Sales Outstanding Related Terms

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AF Gruppen ASA (OSL:AFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AF Gruppen ASA (OSL:AFG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AGRUF:USA AFGO:Sweden AF8:Germany

Address

Innspurten 15, P.O. box 6272, Oslo, NOR, 0663

Website

https://www.afgruppen.com

AF Gruppen ASA A is one of Norway's leading contracting and industrial groups. It provides civil engineering and services geared toward environmental, building, and energy markets. The company conducts projects related to roads, railways, ports, power, and energy development. For buildings and property development, its services span the entire value chain, and resources are utilized for planning and execution. The majority of revenue comes from traditional building activities, including new projects and rehabilitation ventures. Environmental services revolve around demolition, removal, and environmental clean-up of buildings and industrial plants. AF Gruppen's customers are primarily public agencies and private companies.