Ocean GeoLoop AS (OSL:OCEAN) Days Sales Outstanding : 89.01 (As of Jun. 2024)

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What is Ocean GeoLoop AS Days Sales Outstanding?

Ocean GeoLoop AS's average Accounts Receivable for the six months ended in Jun. 2024 was kr51.2 Mil. Ocean GeoLoop AS's Revenue for the six months ended in Jun. 2024 was kr105.0 Mil. Hence, Ocean GeoLoop AS's Days Sales Outstanding for the six months ended in Jun. 2024 was 89.01.

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

OSL:OCEAN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.44 Med: 99.65 Max: 107.07
Current: 84.06

During the past 5 years, Ocean GeoLoop AS's highest Days Sales Outstanding was 107.07. The lowest was 65.44. And the median was 99.65.

OSL:OCEAN's Days Sales Outstanding is ranked worse than
54.32% of 2975 companies
in the Industrial Products industry
Industry Median: 79.25 vs OSL:OCEAN: 84.06

Ocean GeoLoop AS's Days Sales Outstanding increased from Jun. 2023 (83.15) to Jun. 2024 (89.01).

Ocean GeoLoop AS Days Sales Outstanding Historical Data

The historical data trend for Ocean GeoLoop 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.

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Ocean GeoLoop AS Days Sales Outstanding Chart

Ocean GeoLoop AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

107.07

65.44

99.65

Ocean GeoLoop AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial				62.65	85.48	83.15	80.95	89.01

Competitive Comparison of Ocean GeoLoop AS's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Ocean GeoLoop 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.

Ocean GeoLoop AS's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ocean GeoLoop AS's Days Sales Outstanding distribution charts can be found below:

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

Ocean GeoLoop 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.

Ocean GeoLoop 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
=	( (45.86	+	46.87)	/	2 )	/	169.835	*	365
=	46.365					/	169.835	*	365
=	99.65

Ocean GeoLoop AS's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (46.87	+	55.555)	/	2 )	/	104.999	*	365 / 2
=	51.2125					/	104.999	*	365 / 2
=	89.01

Ocean GeoLoop AS (OSL:OCEAN) Days Sales Outstanding Explanation

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

Ocean GeoLoop AS Days Sales Outstanding Related Terms

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Ocean GeoLoop AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ocean GeoLoop AS (OSL:OCEAN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FQ4:Germany

Address

Neptunvegen 6, Verdal, NOR, 7652

Website

https://www.oceangeoloop.com

Ocean GeoLoop AS is a green tech company aiming at using nature's own way of solving challenges in a circular way. The company develops, pilots, and commercializes multifunctional environmental technologies, including point source carbon capture.

Ocean GeoLoop AS Headlines

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