CTEK AB (OSTO:CTEK) Days Sales Outstanding : 55.27 (As of Dec. 2023)

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What is CTEK AB Days Sales Outstanding?

CTEK AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr145.6 Mil. CTEK AB's Revenue for the three months ended in Dec. 2023 was kr240.3 Mil. Hence, CTEK AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.27.

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

OSTO:CTEK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.65 Med: 68.39 Max: 76.09
Current: 66.89

During the past 6 years, CTEK AB's highest Days Sales Outstanding was 76.09. The lowest was 61.65. And the median was 68.39.

OSTO:CTEK's Days Sales Outstanding is ranked better than
63.44% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs OSTO:CTEK: 66.89

CTEK AB's Days Sales Outstanding declined from Dec. 2022 (68.10) to Dec. 2023 (55.27).

CTEK AB Days Sales Outstanding Historical Data

The historical data trend for CTEK 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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CTEK AB Days Sales Outstanding Chart

CTEK AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.01

61.65

62.05

73.56

69.76

CTEK AB Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												68.10	71.45	74.50	64.50	55.27

Competitive Comparison of CTEK AB's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, CTEK 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.

CTEK AB's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

CTEK 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.

CTEK AB'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
=	( (194.4	+	143.6)	/	2 )	/	884.2	*	365
=	169					/	884.2	*	365
=	69.76

CTEK 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
=	( (147.5	+	143.6)	/	2 )	/	240.3	*	365 / 4
=	145.55					/	240.3	*	365 / 4
=	55.27

CTEK AB (OSTO:CTEK) Days Sales Outstanding Explanation

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

CTEK AB Days Sales Outstanding Related Terms

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CTEK AB (OSTO:CTEK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CTEK AB (OSTO:CTEK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

1F7:Germany

Address

Rostugnsvägen 3, Vikmanshyttan, SWE, 776 70

Website

https://www.ctekgroup.com

CTEK AB is a global supplier of 12V battery chargers for various vehicles in the premium segment and Sweden's second largest supplier of chargers and accessories for electric vehicle charging.