Aker BioMarine ASA (OSL:AKBM) Days Sales Outstanding : 71.41 (As of Mar. 2024)

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What is Aker BioMarine ASA Days Sales Outstanding?

Aker BioMarine ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr650 Mil. Aker BioMarine ASA's Revenue for the three months ended in Mar. 2024 was kr831 Mil. Hence, Aker BioMarine ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.41.

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

OSL:AKBM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.21 Med: 70.45 Max: 157.53
Current: 80.78

During the past 12 years, Aker BioMarine ASA's highest Days Sales Outstanding was 157.53. The lowest was 42.21. And the median was 70.45.

OSL:AKBM's Days Sales Outstanding is ranked worse than
86.19% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.18 vs OSL:AKBM: 80.78

Aker BioMarine ASA's Days Sales Outstanding declined from Mar. 2023 (86.82) to Mar. 2024 (71.41).

Aker BioMarine ASA Days Sales Outstanding Historical Data

The historical data trend for Aker BioMarine 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 BioMarine ASA Days Sales Outstanding Chart

Aker BioMarine ASA Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.21

58.48

71.29

69.60

61.94

Aker BioMarine ASA Quarterly Data
	Dec18	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															86.82	85.31	88.85	82.78	71.41

Competitive Comparison of Aker BioMarine ASA's Days Sales Outstanding

For the Packaged Foods subindustry, Aker BioMarine 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 BioMarine ASA's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Aker BioMarine ASA's Days Sales Outstanding distribution charts can be found below:

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

Aker BioMarine 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 BioMarine 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
=	( (592.806	+	607.645)	/	2 )	/	3537.214	*	365
=	600.2255					/	3537.214	*	365
=	61.94

Aker BioMarine ASA'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
=	( (607.645	+	692.97)	/	2 )	/	830.927	*	365 / 4
=	650.3075					/	830.927	*	365 / 4
=	71.41

Aker BioMarine ASA (OSL:AKBM) 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 BioMarine ASA Days Sales Outstanding Related Terms

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Aker BioMarine ASA (OSL:AKBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Aker BioMarine ASA (OSL:AKBM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

1PG:Germany

Address

Oksenoyveien 10, P.O. Box 496, Lysaker, NOR, NO-1327

Website

https://www.akerbiomarine.com

Aker BioMarine ASA is a supplier of krill-derived products, with a fully owned supply chain. The operations of the company span from harvesting krill in Antarctica with vessels owned by the company including distribution worldwide from Uruguay, and further processing of the krill into oil products in the United States. The segments of the company include 1) The Ingredients segment involves offshore harvesting and production, logistical operations, and onshore manufacturing and sales of krill-derived products. 2) The Brands segment focuses on human consumer goods, with Lang Pharma Nutrition (Lang) and Epion as its two main components. Lang produces and distributes private-label vitamins and supplements to retailers in the U.S. market and Epion is Aker BioMarine's consumer brand company.

Aker BioMarine ASA (OSL:AKBM) Headlines

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