Tura Group AB (XSAT:TURA) Days Sales Outstanding : 83.62 (As of Mar. 2024)

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What is Tura Group AB Days Sales Outstanding?

Tura Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr184.2 Mil. Tura Group AB's Revenue for the three months ended in Mar. 2024 was kr201.0 Mil. Hence, Tura Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 83.62.

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

XSAT:TURA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.01 Med: 100.22 Max: 103.33
Current: 84.01

During the past 3 years, Tura Group AB's highest Days Sales Outstanding was 103.33. The lowest was 84.01. And the median was 100.22.

XSAT:TURA's Days Sales Outstanding is ranked worse than
77.78% of 144 companies
in the Industrial Distribution industry
Industry Median: 58.815 vs XSAT:TURA: 84.01

Tura Group AB's Days Sales Outstanding declined from Mar. 2023 (97.09) to Mar. 2024 (83.62).

Tura Group AB Days Sales Outstanding Historical Data

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

Tura Group AB Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

103.33

100.22

93.50

Tura Group AB Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							97.09	88.33	82.75	78.71	83.62

Competitive Comparison of Tura Group AB's Days Sales Outstanding

For the Industrial Distribution subindustry, Tura 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.

Tura Group AB's Days Sales Outstanding Distribution in the Industrial Distribution Industry

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

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

Tura 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.

Tura Group 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
=	( (256.211	+	181.206)	/	2 )	/	853.793	*	365
=	218.7085					/	853.793	*	365
=	93.50

Tura Group 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
=	( (181.206	+	187.248)	/	2 )	/	201.047	*	365 / 4
=	184.227					/	201.047	*	365 / 4
=	83.62

Tura Group AB (XSAT:TURA) Days Sales Outstanding Explanation

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

Tura Group AB Days Sales Outstanding Related Terms

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Tura Group AB (XSAT:TURA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Tura Group AB (XSAT:TURA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Energigatan 15B, KUNGSBACKA, SWE, 434 37

Website

https://www.turascandinavia.com

Tura Group AB operates as a Nordic distributor mainly in Denmark, Finland, Norway and Sweden. It offers retailers primarily accessories within the area consumer electronics, audio, video, mobile, computer, photo, gaming, tv. baby and home appliances and also have a major business volume within professional photo, video and graphics.

Tura Group AB (XSAT:TURA) Headlines

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