Lassila & Tikanoja Oyj (OHEL:LAT1V) Days Sales Outstanding : 40.25 (As of Mar. 2024)

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What is Lassila & Tikanoja Oyj Days Sales Outstanding?

Lassila & Tikanoja Oyj's average Accounts Receivable for the three months ended in Mar. 2024 was €81.6 Mil. Lassila & Tikanoja Oyj's Revenue for the three months ended in Mar. 2024 was €185.0 Mil. Hence, Lassila & Tikanoja Oyj's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.25.

The historical rank and industry rank for Lassila & Tikanoja Oyj's Days Sales Outstanding or its related term are showing as below:

OHEL:LAT1V' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.5 Med: 41.11 Max: 48.7
Current: 36.5

During the past 13 years, Lassila & Tikanoja Oyj's highest Days Sales Outstanding was 48.70. The lowest was 36.50. And the median was 41.11.

OHEL:LAT1V's Days Sales Outstanding is ranked better than
85.65% of 230 companies
in the Waste Management industry
Industry Median: 71.315 vs OHEL:LAT1V: 36.50

Lassila & Tikanoja Oyj's Days Sales Outstanding increased from Mar. 2023 (38.05) to Mar. 2024 (40.25).

Lassila & Tikanoja Oyj Days Sales Outstanding Historical Data

The historical data trend for Lassila & Tikanoja Oyj'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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Lassila & Tikanoja Oyj Days Sales Outstanding Chart

Lassila & Tikanoja Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.86

40.56

38.12

38.44

40.25

Lassila & Tikanoja Oyj 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															38.05	33.03	37.31	38.54	40.25

Competitive Comparison of Lassila & Tikanoja Oyj's Days Sales Outstanding

For the Waste Management subindustry, Lassila & Tikanoja Oyj'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.

Lassila & Tikanoja Oyj's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Lassila & Tikanoja Oyj's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lassila & Tikanoja Oyj's Days Sales Outstanding falls into.

Lassila & Tikanoja Oyj 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.

Lassila & Tikanoja Oyj'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
=	( (91	+	85.9)	/	2 )	/	802.1	*	365
=	88.45					/	802.1	*	365
=	40.25

Lassila & Tikanoja Oyj'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
=	( (85.9	+	77.3)	/	2 )	/	185	*	365 / 4
=	81.6					/	185	*	365 / 4
=	40.25

Lassila & Tikanoja Oyj (OHEL:LAT1V) Days Sales Outstanding Explanation

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

Lassila & Tikanoja Oyj Days Sales Outstanding Related Terms

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Lassila & Tikanoja Oyj (OHEL:LAT1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Lassila & Tikanoja Oyj (OHEL:LAT1V) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LT5:Germany

Address

Valimotie 27, Helsinki, FIN, FIN-00380

Website

https://www.lt.fi

Lassila & Tikanoja Oyj provides waste management and recycling operations, cleaning and repair services, construction, and other environment-related activities. It works to reduce waste, extend useful lives of properties, recover materials, and reduce energy consumption. The company manages different forms of waste, including electrical equipment and paper. The waste is transformed into raw materials and fuel for power plants. Lassila & Tikanoja has four primary business divisions: environmental services, industrial services, facility services, and renewable energy sources. Cleaning staff become familiar with customers' premises and perform environmentally friendly cleaning methods. In addition, the company provides maintenance and installation for technical equipment and machinery.

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