Salmon Evolution ASA (OSL:SALME) Days Sales Outstanding : 31.80 (As of Dec. 2023)

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What is Salmon Evolution ASA Days Sales Outstanding?

Salmon Evolution ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr31.0 Mil. Salmon Evolution ASA's Revenue for the three months ended in Dec. 2023 was kr88.9 Mil. Hence, Salmon Evolution ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.80.

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

OSL:SALME' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.38 Med: 68.89 Max: 89.8
Current: 42.51

During the past 5 years, Salmon Evolution ASA's highest Days Sales Outstanding was 89.80. The lowest was 11.38. And the median was 68.89.

OSL:SALME's Days Sales Outstanding is ranked worse than
54.58% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs OSL:SALME: 42.51

Salmon Evolution ASA's Days Sales Outstanding declined from Dec. 2022 (40.02) to Dec. 2023 (31.80).

Salmon Evolution ASA Days Sales Outstanding Historical Data

The historical data trend for Salmon Evolution ASA'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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Salmon Evolution ASA Days Sales Outstanding Chart

Salmon Evolution ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

11.38

89.80

68.89

Salmon Evolution ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												40.02	412.77	9.82	88.33	31.80

Competitive Comparison of Salmon Evolution ASA's Days Sales Outstanding

For the Farm Products subindustry, Salmon Evolution ASA'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.

Salmon Evolution ASA's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Salmon Evolution ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Salmon Evolution ASA's Days Sales Outstanding falls into.

Salmon Evolution ASA 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.

Salmon Evolution ASA'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
=	( (23.08	+	40.496)	/	2 )	/	168.424	*	365
=	31.788					/	168.424	*	365
=	68.89

Salmon Evolution ASA'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
=	( (21.424	+	40.496)	/	2 )	/	88.85	*	365 / 4
=	30.96					/	88.85	*	365 / 4
=	31.80

Salmon Evolution ASA (OSL:SALME) Days Sales Outstanding Explanation

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

Salmon Evolution ASA Days Sales Outstanding Related Terms

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Salmon Evolution ASA (OSL:SALME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Salmon Evolution ASA (OSL:SALME) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SALMEo:Sweden 60E:Germany

Address

Torget 5, NO-6440 Elnesvagen, Hustadvika, NOR, 6440

Website

https://www.salmonevolution.no

Salmon Evolution ASA is a land-based salmon farming company in Norway. Its focus is on extending the ocean's potential by transferring the preconditions offered by the sea to farm fish on land through its chosen hybrid flow-through system technology (HFS). It production facility of the company is located in Indre Haroy, Norway. It offers access to an educated and experienced workforce, established infrastructure for salmon farming, renewable energy, and unlimited fresh seawater.

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