Rizzo Group AB (OSTO:RIZZO B) Days Sales Outstanding : 2.29 (As of Nov. 2023)

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What is Rizzo Group AB Days Sales Outstanding?

Rizzo Group AB's average Accounts Receivable for the three months ended in Nov. 2023 was kr1.3 Mil. Rizzo Group AB's Revenue for the three months ended in Nov. 2023 was kr52.1 Mil. Hence, Rizzo Group AB's Days Sales Outstanding for the three months ended in Nov. 2023 was 2.29.

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

OSTO:RIZZO B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.42 Med: 2.15 Max: 4.43
Current: 4.36

During the past 13 years, Rizzo Group AB's highest Days Sales Outstanding was 4.43. The lowest was 1.42. And the median was 2.15.

OSTO:RIZZO B's Days Sales Outstanding is ranked better than
83.44% of 1081 companies
in the Retail - Cyclical industry
Industry Median: 18.15 vs OSTO:RIZZO B: 4.36

Rizzo Group AB's Days Sales Outstanding declined from Nov. 2022 (7.72) to Nov. 2023 (2.29).

Rizzo Group AB Days Sales Outstanding Historical Data

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

Rizzo Group AB Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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3.36

3.54

2.06

2.73

4.43

Rizzo Group AB Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Sales Outstanding	Get a 7-Day Free Trial															7.72	-	-	1.72	2.29

Competitive Comparison of Rizzo Group AB's Days Sales Outstanding

For the Apparel Retail subindustry, Rizzo 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.

Rizzo Group AB's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Rizzo Group AB's Days Sales Outstanding distribution charts can be found below:

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

Rizzo 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.

Rizzo Group AB's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (4.103	+	1.308)	/	2 )	/	223.108	*	365
=	2.7055					/	223.108	*	365
=	4.43

Rizzo Group AB's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (1.308	+	0)	/	1 )	/	52.1	*	365 / 4
=	1.308					/	52.1	*	365 / 4
=	2.29

Rizzo Group AB (OSTO:RIZZO 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.

Rizzo Group AB Days Sales Outstanding Related Terms

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Rizzo Group AB (OSTO:RIZZO B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rizzo Group AB (OSTO:RIZZO B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8Q2:Germany

Address

Linnegatan 89 C, Stockholm, SWE, 104 50

Website

http://www.rizzogroup.se

Rizzo Group AB retails accessories, travel accessories and footwear products. The company operates through two business areas namely the Rizzo and, Accent and Morris chains. In the accessories business area, the Accent and Morris chains offer a selection of accessories and travel goods. The Rizzo business area, is involved in the manufacture of footwear and accessories.

Rizzo Group AB (OSTO:RIZZO B) Headlines

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