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VOLVF (Volvo AB) Days Sales Outstanding : 123.88 (As of Sep. 2024)


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What is Volvo AB Days Sales Outstanding?

Volvo AB's average Accounts Receivable for the three months ended in Sep. 2024 was $15,526 Mil. Volvo AB's Revenue for the three months ended in Sep. 2024 was $11,436 Mil. Hence, Volvo AB's Days Sales Outstanding for the three months ended in Sep. 2024 was 123.88.

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

VOLVF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.36   Med: 95.82   Max: 109.18
Current: 93.61

During the past 13 years, Volvo AB's highest Days Sales Outstanding was 109.18. The lowest was 89.36. And the median was 95.82.

VOLVF's Days Sales Outstanding is ranked worse than
65.71% of 210 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.12 vs VOLVF: 93.61

Volvo AB's Days Sales Outstanding increased from Sep. 2023 (34.12) to Sep. 2024 (123.88).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Volvo AB Days Sales Outstanding Historical Data

The historical data trend for Volvo 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.

Volvo AB Days Sales Outstanding Chart

Volvo AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 91.29 102.52 103.29 100.76 95.50

Volvo AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.12 60.70 111.88 108.68 123.88

Competitive Comparison of Volvo AB's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Volvo 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.


Volvo AB's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's Days Sales Outstanding distribution charts can be found below:

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



Volvo 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.

Volvo 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
=( (13209.096 + 14991.324) / 2 ) / 53888.239*365
=14100.21 / 53888.239*365
=95.50

Volvo AB'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
=( (15951.273 + 15100.303) / 2 ) / 11435.917*365 / 4
=15525.788 / 11435.917*365 / 4
=123.88

* 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.


Volvo AB  (OTCPK:VOLVF) Days Sales Outstanding Explanation

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


Volvo AB Days Sales Outstanding Related Terms

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Volvo AB Business Description

Address
Gropegardsgatan 2, Gothenburg, SWE, 417 15
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing, and services that increase the customers' uptime and productivity. Its segments are Trucks, Construction Equipment, Buses, Volvo Penta, and Group Functions & Other.