Aker ASA (CHIX:AKERO) Days Sales Outstanding : 46.05 (As of Dec. 2023)

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What is Aker ASA Days Sales Outstanding?

Aker ASA's average Accounts Receivable for the six months ended in Dec. 2023 was kr1,769 Mil. Aker ASA's Revenue for the six months ended in Dec. 2023 was kr7,010 Mil. Hence, Aker ASA's Days Sales Outstanding for the six months ended in Dec. 2023 was 46.05.

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

CHIX:AKERo' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.61 Med: 76.43 Max: 361.83
Current: 44.61

During the past 13 years, Aker ASA's highest Days Sales Outstanding was 361.83. The lowest was 44.61. And the median was 76.43.

CHIX:AKERo's Days Sales Outstanding is ranked better than
68.07% of 498 companies
in the Conglomerates industry
Industry Median: 60.925 vs CHIX:AKERo: 44.61

Aker ASA's Days Sales Outstanding declined from Dec. 2022 (53.24) to Dec. 2023 (46.05).

Aker ASA Days Sales Outstanding Historical Data

The historical data trend for Aker 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.

Aker ASA Days Sales Outstanding Chart

Aker ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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361.83

279.97

66.92

55.00

44.61

Aker ASA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															65.79	57.14	53.24	43.08	46.05

Competitive Comparison of Aker ASA's Days Sales Outstanding

For the Conglomerates subindustry, Aker 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.

Aker ASA's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Aker ASA's Days Sales Outstanding distribution charts can be found below:

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

Aker 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.

Aker 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
=	( (1553	+	1769)	/	2 )	/	13589	*	365
=	1661					/	13589	*	365
=	44.61

Aker 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	1769)	/	1 )	/	7010	*	365 / 2
=	1769					/	7010	*	365 / 2
=	46.05

Aker ASA (CHIX:AKERo) Days Sales Outstanding Explanation

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

Aker ASA Days Sales Outstanding Related Terms

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Aker ASA (CHIX:AKERO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Aker ASA (CHIX:AKERo) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AKAAF:USA AKERo:Sweden AKER:Norway 0MJX:UK FKM:Germany

Address

Oksenoyveien 10, Lysaker, Oslo, NOR, 1366

Website

https://www.akerasa.com

Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. Investments are broken down into two portfolios; Industrial holdings are strategic assets and are managed with a long-term perspective. It comprises Aker's ownership interests in Aker BP, Aker Energy, Aker Solutions, Aker Horizons, Aker BioMarine, SalMar Aker Ocean, Cognite, and Aize, and Financial investments comprise cash, other assets, and the listed companies Akastor, AMSC, Philly Shipyard, and Solstad Offshore, in addition to ICP and Aker Property Group.

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