Orkla ASA (OSTO:ORKO) Days Sales Outstanding : 48.76 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Orkla ASA Days Sales Outstanding?

Orkla ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr9,142 Mil. Orkla ASA's Revenue for the three months ended in Mar. 2024 was kr17,107 Mil. Hence, Orkla ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.76.

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

OSTO:ORKo' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.05 Med: 51.22 Max: 60.84
Current: 48.3

During the past 13 years, Orkla ASA's highest Days Sales Outstanding was 60.84. The lowest was 44.05. And the median was 51.22.

OSTO:ORKo's Days Sales Outstanding is ranked worse than
62.83% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs OSTO:ORKo: 48.30

Orkla ASA's Days Sales Outstanding increased from Mar. 2023 (47.39) to Mar. 2024 (48.76).

Orkla ASA Days Sales Outstanding Historical Data

The historical data trend for Orkla 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.

* Premium members only.

Orkla ASA Days Sales Outstanding Chart

Orkla ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

49.92

46.63

45.70

44.48

44.05

Orkla 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															47.39	48.60	49.14	45.38	48.76

Competitive Comparison of Orkla ASA's Days Sales Outstanding

For the Packaged Foods subindustry, Orkla 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.

Orkla ASA's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Orkla ASA's Days Sales Outstanding distribution charts can be found below:

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

Orkla 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.

Orkla 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
=	( (7706	+	8660)	/	2 )	/	67797	*	365
=	8183					/	67797	*	365
=	44.05

Orkla 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
=	( (8660	+	9623)	/	2 )	/	17107	*	365 / 4
=	9141.5					/	17107	*	365 / 4
=	48.76

Orkla ASA (OSTO:ORKo) Days Sales Outstanding Explanation

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

Orkla ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Orkla ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Orkla ASA (OSTO:ORKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OSTO:ORKo) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ORKLY:USA ORKLF:USA ORK:Norway ORKo:UK 0FIN:UK OKL:Germany

Address

Drammensveien 149, Oslo, NOR, NO-0277

Website

https://www.orkla.no

Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

Orkla ASA (OSTO:ORKO) Headlines

No Headlines