Karnell Group AB (OSTO:KARNEL B) Days Sales Outstanding : 66.27 (As of Mar. 2024)

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What is Karnell Group AB Days Sales Outstanding?

Karnell Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr209.1 Mil. Karnell Group AB's Revenue for the three months ended in Mar. 2024 was kr287.9 Mil. Hence, Karnell Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 66.27.

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

OSTO:KARNEL B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.89 Med: 52.11 Max: 265.09
Current: 265.09

During the past 3 years, Karnell Group AB's highest Days Sales Outstanding was 265.09. The lowest was 51.89. And the median was 52.11.

OSTO:KARNEL B's Days Sales Outstanding is ranked worse than
85.58% of 513 companies
in the Asset Management industry
Industry Median: 50.76 vs OSTO:KARNEL B: 265.09

Karnell Group AB's Days Sales Outstanding increased from Dec. 2021 (0.00) to Mar. 2024 (66.27).

Karnell Group AB Days Sales Outstanding Historical Data

The historical data trend for Karnell Group 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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Karnell Group AB Days Sales Outstanding Chart

Karnell Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

76.13

51.89

52.11

Karnell Group AB Quarterly Data
	Dec21	Dec22	Mar23	Dec23	Mar24
Days Sales Outstanding	-	-	59.42	-	66.27

Competitive Comparison of Karnell Group AB's Days Sales Outstanding

For the Asset Management subindustry, Karnell Group 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.

Karnell Group AB's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Karnell Group AB's Days Sales Outstanding distribution charts can be found below:

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

Karnell Group 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.

Karnell Group 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
=	( (162.137	+	211.095)	/	2 )	/	1307.2	*	365
=	186.616					/	1307.2	*	365
=	52.11

Karnell Group AB'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
=	( (211.095	+	207.1)	/	2 )	/	287.9	*	365 / 4
=	209.0975					/	287.9	*	365 / 4
=	66.27

Karnell Group AB (OSTO:KARNEL B) Days Sales Outstanding Explanation

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

Karnell Group AB Days Sales Outstanding Related Terms

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Karnell Group AB (OSTO:KARNEL B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Karnell Group AB (OSTO:KARNEL B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Riddargatan 13D, Stockholm, SWE, 114 51

Website

https://www.karnell.se

Karnell Group AB is a company that is an active owner of industrial technology companies. The Company's business concept is to use a systematic and proactive acquisition strategy to identify and invest in industrial technology companies where Karnell believes there is development potential and thus an opportunity for value creation with Karnell as a long-term owner. It consists of twelve directly owned group companies, with subsidiaries, divided into two business areas that includes Product companies and Niched manufacturers. The business area Product companies consists of companies that wholly or predominantly base their business on proprietary products, which may include various rights such as trademarks, patents, etc.

Karnell Group AB (OSTO:KARNEL B) Headlines

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