Storskogen Group AB (CHIX:STORCS) Days Sales Outstanding : 50.34 (As of Mar. 2024)

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What is Storskogen Group AB Days Sales Outstanding?

Storskogen Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr4,611 Mil. Storskogen Group AB's Revenue for the three months ended in Mar. 2024 was kr8,358 Mil. Hence, Storskogen Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 50.34.

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

CHIX:STORCs' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.91 Med: 42.71 Max: 65.96
Current: 49.9

During the past 6 years, Storskogen Group AB's highest Days Sales Outstanding was 65.96. The lowest was 41.91. And the median was 42.71.

CHIX:STORCs's Days Sales Outstanding is ranked worse than
50.59% of 510 companies
in the Asset Management industry
Industry Median: 48.955 vs CHIX:STORCs: 49.90

Storskogen Group AB's Days Sales Outstanding increased from Mar. 2023 (49.09) to Mar. 2024 (50.34).

Storskogen Group AB Days Sales Outstanding Historical Data

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

Storskogen Group AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.11

41.94

43.31

41.91

47.55

Storskogen Group AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												49.09	47.18	53.85	47.99	50.34

Competitive Comparison of Storskogen Group AB's Days Sales Outstanding

For the Asset Management subindustry, Storskogen 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.

Storskogen Group AB's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Storskogen Group AB's Days Sales Outstanding distribution charts can be found below:

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

Storskogen 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.

Storskogen 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
=	( (4940	+	4441)	/	2 )	/	36006	*	365
=	4690.5					/	36006	*	365
=	47.55

Storskogen 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
=	( (4441	+	4781)	/	2 )	/	8358	*	365 / 4
=	4611					/	8358	*	365 / 4
=	50.34

Storskogen Group AB (CHIX:STORCs) Days Sales Outstanding Explanation

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

Storskogen Group AB Days Sales Outstanding Related Terms

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Storskogen Group AB (CHIX:STORCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Storskogen Group AB (CHIX:STORCs) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

STOR B:Sweden 0AA9:UK 0VK:Germany

Address

Hovslagargatan 3, 6th Floor, Stockholm, SWE, 111 48

Website

https://www.storskogen.com

Storskogen Group AB is an international group of businesses. It acquires and manages profitable small and medium-sized businesses with prime positions in their respective markets. It is divided into three business areas, Industry, Services, and Trade, predominantly in Sweden and with an increasing presence in the Nordics, Germany, Switzerland, and the UK.

Storskogen Group AB (CHIX:STORCS) Headlines

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