Odfjell Technology (OSTO:OTLO) Days Sales Outstanding : 75.29 (As of Sep. 2024)

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What is Odfjell Technology Days Sales Outstanding?

Odfjell Technology's average Accounts Receivable for the three months ended in Sep. 2024 was kr1,101 Mil. Odfjell Technology's Revenue for the three months ended in Sep. 2024 was kr1,334 Mil. Hence, Odfjell Technology's Days Sales Outstanding for the three months ended in Sep. 2024 was 75.29.

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

OSTO:OTLo' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.63 Med: 61.26 Max: 71.97
Current: 70.53

During the past 6 years, Odfjell Technology's highest Days Sales Outstanding was 71.97. The lowest was 41.63. And the median was 61.26.

OSTO:OTLo's Days Sales Outstanding is ranked worse than
70.16% of 915 companies
in the Oil & Gas industry
Industry Median: 48.53 vs OSTO:OTLo: 70.53

Odfjell Technology's Days Sales Outstanding declined from Sep. 2023 (81.93) to Sep. 2024 (75.29).

Odfjell Technology Days Sales Outstanding Historical Data

The historical data trend for Odfjell Technology'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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Odfjell Technology Days Sales Outstanding Chart

Odfjell Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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65.10

71.97

60.38

47.71

41.63

Odfjell Technology Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial													81.93	62.07	62.29	74.55	75.29

Competitive Comparison of Odfjell Technology's Days Sales Outstanding

For the Oil & Gas Drilling subindustry, Odfjell Technology'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.

Odfjell Technology's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Odfjell Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Odfjell Technology's Days Sales Outstanding falls into.

Odfjell Technology 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.

Odfjell Technology'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
=	( (504.3	+	641)	/	2 )	/	5021.3	*	365
=	572.65					/	5021.3	*	365
=	41.63

Odfjell Technology's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (1109.7	+	1092.1)	/	2 )	/	1334.3	*	365 / 4
=	1100.9					/	1334.3	*	365 / 4
=	75.29

Odfjell Technology (OSTO:OTLo) Days Sales Outstanding Explanation

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

Odfjell Technology Days Sales Outstanding Related Terms

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Odfjell Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Odfjell Technology Ltd (OSTO:OTLo) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OTL:Norway 0ABV:UK ND4:Germany

Address

Prime View, Prime Four Business Park, Lower Ground Floor, Kingswells, Aberdeen, GBR, AB15 8PU

Website

https://www.odfjelltechnology.com

Odfjell Technology Ltd is a well services, drilling operations, engineering, and sustainable energy solutions provider, offering engineering services, well services, and drilling operation services to both onshore and offshore drilling operations, with an offshore focus.

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