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Enrad AB (XSAT:ENRAD) Days Sales Outstanding : 72.23 (As of Mar. 2024)


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What is Enrad AB Days Sales Outstanding?

Enrad AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr6.03 Mil. Enrad AB's Revenue for the three months ended in Mar. 2024 was kr7.62 Mil. Hence, Enrad AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.23.

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

XSAT:ENRAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.27   Med: 90.02   Max: 117.43
Current: 52.05

During the past 10 years, Enrad AB's highest Days Sales Outstanding was 117.43. The lowest was 36.27. And the median was 90.02.

XSAT:ENRAD's Days Sales Outstanding is ranked better than
80.15% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs XSAT:ENRAD: 52.05

Enrad AB's Days Sales Outstanding declined from Mar. 2023 (123.91) to Mar. 2024 (72.23).


Enrad AB Days Sales Outstanding Historical Data

The historical data trend for Enrad 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.

Enrad AB Days Sales Outstanding Chart

Enrad 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 92.05 117.43 79.51 89.56 92.31

Enrad AB 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 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 123.91 171.49 67.44 22.02 72.23

Competitive Comparison of Enrad AB's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Enrad 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.


Enrad AB's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enrad AB's Days Sales Outstanding distribution charts can be found below:

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



Enrad 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.

Enrad 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
=( (7.683 + 7.284) / 2 ) / 29.59*365
=7.4835 / 29.59*365
=92.31

Enrad AB'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
=( (7.284 + 4.785) / 2 ) / 7.624*365 / 4
=6.0345 / 7.624*365 / 4
=72.23

* 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.


Enrad AB  (XSAT:ENRAD) Days Sales Outstanding Explanation

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


Enrad AB Days Sales Outstanding Related Terms

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Enrad AB (XSAT:ENRAD) Business Description

Traded in Other Exchanges
N/A
Address
Verkstadsgatan 10, Boras, SWE, 504 62
Enrad AB manufactures environmentally friendly energy solutions as well as installation. The company has developed a patented technology, which reduces the energy consumption for cooling and heating systems. Its product consists of two parts: an advanced control system and a modular liquid cooling unit. Its control system controls the compressors, circulation pumps and coolant fans for optimal operation and adapts the cooling systems to the real need.

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