TCECUR Sweden AB (NGM:TCC A) Days Sales Outstanding : 59.52 (As of Mar. 2024)

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What is TCECUR Sweden AB Days Sales Outstanding?

TCECUR Sweden AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr102.8 Mil. TCECUR Sweden AB's Revenue for the three months ended in Mar. 2024 was kr157.6 Mil. Hence, TCECUR Sweden AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.52.

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

NGM:TCC A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.26 Med: 76.06 Max: 113.54
Current: 54.26

During the past 9 years, TCECUR Sweden AB's highest Days Sales Outstanding was 113.54. The lowest was 54.26. And the median was 76.06.

NGM:TCC A's Days Sales Outstanding is ranked better than
73.75% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs NGM:TCC A: 54.26

TCECUR Sweden AB's Days Sales Outstanding increased from Mar. 2023 (58.15) to Mar. 2024 (59.52).

TCECUR Sweden AB Days Sales Outstanding Historical Data

The historical data trend for TCECUR Sweden 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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TCECUR Sweden AB Days Sales Outstanding Chart

TCECUR Sweden AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.33

76.06

76.07

69.58

69.30

TCECUR Sweden AB 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															58.15	51.49	57.75	50.59	59.52

Competitive Comparison of TCECUR Sweden AB's Days Sales Outstanding

For the Communication Equipment subindustry, TCECUR Sweden 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.

TCECUR Sweden AB's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TCECUR Sweden AB's Days Sales Outstanding distribution charts can be found below:

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

TCECUR Sweden 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.

TCECUR Sweden 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
=	( (109.126	+	113.604)	/	2 )	/	586.589	*	365
=	111.365					/	586.589	*	365
=	69.30

TCECUR Sweden 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
=	( (113.604	+	92.014)	/	2 )	/	157.604	*	365 / 4
=	102.809					/	157.604	*	365 / 4
=	59.52

TCECUR Sweden AB (NGM:TCC A) Days Sales Outstanding Explanation

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

TCECUR Sweden AB Days Sales Outstanding Related Terms

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TCECUR Sweden AB (NGM:TCC A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TCECUR Sweden AB (NGM:TCC A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Torshamnsgatan 30A, Kista, SWE, 164 40

Website

https://tcecur.com

TCECUR Sweden AB is a provider of radio communications and biometric access and control systems. It is a systems integrator that provides solutions for voice and data communication in Europe. The company is engaged in the sale and installation of radio communications and related business. Its solutions include traditional digital radio communication systems such as TETRA, DMR, control room solutions, alarm systems, tunnels and indoor coverage for radio communications.

TCECUR Sweden AB (NGM:TCC A) Headlines

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