Rentunder Holding AB (NGM:RENT) Days Sales Outstanding : 37.60 (As of Dec. 2023)

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What is Rentunder Holding AB Days Sales Outstanding?

Rentunder Holding AB's average Accounts Receivable for the six months ended in Dec. 2023 was kr1.50 Mil. Rentunder Holding AB's Revenue for the six months ended in Dec. 2023 was kr7.29 Mil. Hence, Rentunder Holding AB's Days Sales Outstanding for the six months ended in Dec. 2023 was 37.60.

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

NGM:RENT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.27 Med: 52.25 Max: 167.45
Current: 32.72

During the past 8 years, Rentunder Holding AB's highest Days Sales Outstanding was 167.45. The lowest was 20.27. And the median was 52.25.

NGM:RENT's Days Sales Outstanding is ranked better than
93.57% of 2956 companies
in the Industrial Products industry
Industry Median: 79.375 vs NGM:RENT: 32.72

Rentunder Holding AB's Days Sales Outstanding increased from Dec. 2022 (26.26) to Dec. 2023 (37.60).

Rentunder Holding AB Days Sales Outstanding Historical Data

The historical data trend for Rentunder Holding 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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Rentunder Holding AB Days Sales Outstanding Chart

Rentunder Holding AB Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.03

54.47

45.42

56.43

42.88

Rentunder Holding AB Semi-Annual Data
	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											88.44	53.45	26.26	14.29	37.60

Competitive Comparison of Rentunder Holding AB's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Rentunder Holding 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.

Rentunder Holding AB's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Rentunder Holding AB's Days Sales Outstanding distribution charts can be found below:

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

Rentunder Holding 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.

Rentunder Holding 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
=	( (0.421	+	2.572)	/	2 )	/	12.737	*	365
=	1.4965					/	12.737	*	365
=	42.88

Rentunder Holding AB'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
=	( (0.432	+	2.572)	/	2 )	/	7.29	*	365 / 2
=	1.502					/	7.29	*	365 / 2
=	37.60

Rentunder Holding AB (NGM:RENT) Days Sales Outstanding Explanation

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

Rentunder Holding AB Days Sales Outstanding Related Terms

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Rentunder Holding AB (NGM:RENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rentunder Holding AB (NGM:RENT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gammelbygatan 18, Osthammar, SWE, 742 34

Website

http://www.driveinboatwash.com

Rentunder Holding AB manufactures and sells mobile boat bottom washers. It offers stationary boat washers for motor and sailing boats up to 12, 14 and 16 meters in length and a mobile boat bottom wash for motor boats up to 8 meters.