Synsam AB (OSTO:SYNSAM) Days Sales Outstanding : 27.31 (As of Dec. 2023)

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What is Synsam AB Days Sales Outstanding?

Synsam AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr466 Mil. Synsam AB's Revenue for the three months ended in Dec. 2023 was kr1,557 Mil. Hence, Synsam AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.31.

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

OSTO:SYNSAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.39 Med: 25.01 Max: 28.88
Current: 28.88

During the past 6 years, Synsam AB's highest Days Sales Outstanding was 28.88. The lowest was 22.39. And the median was 25.01.

OSTO:SYNSAM's Days Sales Outstanding is ranked better than
90.88% of 811 companies
in the Medical Devices & Instruments industry
Industry Median: 64.21 vs OSTO:SYNSAM: 28.88

Synsam AB's Days Sales Outstanding increased from Dec. 2022 (25.23) to Dec. 2023 (27.31).

Synsam AB Days Sales Outstanding Historical Data

The historical data trend for Synsam 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.

* Premium members only.

Synsam AB Days Sales Outstanding Chart

Synsam AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.39

25.38

23.97

24.63

27.45

Synsam AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											25.23	30.82	29.75	29.20	27.31

Competitive Comparison of Synsam AB's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Synsam 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.

Synsam AB's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Synsam AB's Days Sales Outstanding distribution charts can be found below:

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

Synsam 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.

Synsam 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
=	( (414	+	486)	/	2 )	/	5984	*	365
=	450					/	5984	*	365
=	27.45

Synsam 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
=	( (446	+	486)	/	2 )	/	1557	*	365 / 4
=	466					/	1557	*	365 / 4
=	27.31

Synsam AB (OSTO:SYNSAM) Days Sales Outstanding Explanation

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

Synsam AB Days Sales Outstanding Related Terms

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Synsam AB (OSTO:SYNSAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Synsam AB (OSTO:SYNSAM) » Definitions » Days Sales Outstanding

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9FZ:Germany

Address

Sankt Eriksgatan 60, Stockholm, SWE, 112 34

Website

https://www.synsamgroup.com

Synsam AB is a lifestyle company in optics and eye health in the Nordic region. The company offers a wide and innovative range of products in physical and digital stores. It also offers several subscription services as well as the opportunity to virtually try out entire range of glasses on mobile.

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