Akastor ASA (OSL:AKAST) Days Sales Outstanding : 10.66 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Akastor ASA Days Sales Outstanding?

Akastor ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr75.0 Mil. Akastor ASA's Revenue for the three months ended in Mar. 2024 was kr642.0 Mil. Hence, Akastor ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.66.

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

OSL:AKAST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.6 Med: 143.94 Max: 504.31
Current: 46.6

During the past 13 years, Akastor ASA's highest Days Sales Outstanding was 504.31. The lowest was 46.60. And the median was 143.94.

OSL:AKAST's Days Sales Outstanding is ranked better than
51.82% of 934 companies
in the Oil & Gas industry
Industry Median: 48.62 vs OSL:AKAST: 46.60

Akastor ASA's Days Sales Outstanding declined from Mar. 2023 (187.87) to Mar. 2024 (10.66).

Akastor ASA Days Sales Outstanding Historical Data

The historical data trend for Akastor 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.

* Premium members only.

Akastor ASA Days Sales Outstanding Chart

Akastor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

88.25

504.31

245.67

187.28

146.41

Akastor ASA 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															187.87	-	-	92.48	10.66

Competitive Comparison of Akastor ASA's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Akastor 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.

Akastor ASA's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Akastor ASA's Days Sales Outstanding distribution charts can be found below:

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

Akastor 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.

Akastor 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
=	( (140	+	75)	/	2 )	/	268	*	365
=	107.5					/	268	*	365
=	146.41

Akastor ASA'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
=	( (75	+	0)	/	1 )	/	642	*	365 / 4
=	75					/	642	*	365 / 4
=	10.66

Akastor ASA (OSL:AKAST) Days Sales Outstanding Explanation

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

Akastor ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Akastor ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Akastor ASA (OSL:AKAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Akastor ASA (OSL:AKAST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KY7:Germany

Address

Oksenoyveien 10, Building B, Lysaker, NOR, 1366

Website

https://www.akastor.com

Akastor ASA is an oil-services investment company with a portfolio of industrial holdings, real estate, and other investments. Its portfolio includes drilling systems and lifecycle services supplier MHWirth, and vessel-based subsea well construction services. The company has a flexible mandate for active ownership and long-term value creation. Geographically the business presence of the group is seen across the region of Norway, Singapore, North America, South America, Australia, the Middle East, and other regions.

Akastor ASA (OSL:AKAST) Headlines

No Headlines