Cedergrenska AB (OSTO:CEDER) Days Sales Outstanding : 2.99 (As of Dec. 2023)

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What is Cedergrenska AB Days Sales Outstanding?

Cedergrenska AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr6.8 Mil. Cedergrenska AB's Revenue for the three months ended in Dec. 2023 was kr208.2 Mil. Hence, Cedergrenska AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 2.99.

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

OSTO:CEDER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.25 Med: 0.54 Max: 2.05
Current: 2.05

During the past 5 years, Cedergrenska AB's highest Days Sales Outstanding was 2.05. The lowest was 0.25. And the median was 0.54.

OSTO:CEDER's Days Sales Outstanding is ranked better than
92.8% of 250 companies
in the Education industry
Industry Median: 28.63 vs OSTO:CEDER: 2.05

Cedergrenska AB's Days Sales Outstanding increased from Dec. 2022 (1.42) to Dec. 2023 (2.99).

Cedergrenska AB Days Sales Outstanding Historical Data

The historical data trend for Cedergrenska AB'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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Cedergrenska AB Days Sales Outstanding Chart

Cedergrenska AB Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

0.60

0.34

0.25

0.54

0.64

Cedergrenska AB Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												1.42	1.83	1.39	1.90	2.99

Competitive Comparison of Cedergrenska AB's Days Sales Outstanding

For the Education & Training Services subindustry, Cedergrenska AB'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.

Cedergrenska AB's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Cedergrenska AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cedergrenska AB's Days Sales Outstanding falls into.

Cedergrenska AB 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.

Cedergrenska AB's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.763	+	1.124)	/	2 )	/	817.273	*	365
=	1.4435					/	817.273	*	365
=	0.64

Cedergrenska AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7.169	+	6.452)	/	2 )	/	208.159	*	365 / 4
=	6.8105					/	208.159	*	365 / 4
=	2.99

Cedergrenska AB (OSTO:CEDER) Days Sales Outstanding Explanation

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

Cedergrenska AB Days Sales Outstanding Related Terms

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Cedergrenska AB (OSTO:CEDER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cedergrenska AB (OSTO:CEDER) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsvagen 2, Cedergrenska tower, Stocksund, SWE, 182 79

Website

https://www.cedergrenska.se

Cedergrenska AB is an education group that conducts education of the highest quality for children and students from preschool to post-secondary education.

Cedergrenska AB (OSTO:CEDER) Headlines

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