Edda Wind ASA (OSL:EWIND) Days Sales Outstanding : 43.93 (As of Dec. 2023)

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What is Edda Wind ASA Days Sales Outstanding?

Edda Wind ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr118.7 Mil. Edda Wind ASA's Revenue for the three months ended in Dec. 2023 was kr246.5 Mil. Hence, Edda Wind ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.93.

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

OSL:EWIND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.46 Med: 64.56 Max: 98.95
Current: 66.3

During the past 7 years, Edda Wind ASA's highest Days Sales Outstanding was 98.95. The lowest was 47.46. And the median was 64.56.

OSL:EWIND's Days Sales Outstanding is ranked worse than
65.53% of 937 companies
in the Oil & Gas industry
Industry Median: 48.71 vs OSL:EWIND: 66.30

Edda Wind ASA's Days Sales Outstanding increased from Dec. 2022 (25.10) to Dec. 2023 (43.93).

Edda Wind ASA Days Sales Outstanding Historical Data

The historical data trend for Edda Wind 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.

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Edda Wind ASA Days Sales Outstanding Chart

Edda Wind ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.18

98.95

50.31

47.46

65.93

Edda Wind ASA Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											25.10	98.41	89.14	94.53	43.93

Competitive Comparison of Edda Wind ASA's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Edda Wind 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.

Edda Wind ASA's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Edda Wind ASA's Days Sales Outstanding distribution charts can be found below:

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

Edda Wind 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.

Edda Wind 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
=	( (41.09	+	122.52)	/	2 )	/	452.899	*	365
=	81.805					/	452.899	*	365
=	65.93

Edda Wind ASA'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (114.847	+	122.52)	/	2 )	/	246.548	*	365 / 4
=	118.6835					/	246.548	*	365 / 4
=	43.93

Edda Wind ASA (OSL:EWIND) Days Sales Outstanding Explanation

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

Edda Wind ASA Days Sales Outstanding Related Terms

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Edda Wind ASA (OSL:EWIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Edda Wind ASA (OSL:EWIND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

EWINDO:Sweden VR1:Germany

Address

Smedasundet 97, Haugesund, NOR, 5501

Website

https://www.eddawind.com

Edda Wind ASA is a Norway-based company that provides service operations to the global offshore wind industry. The company develops, builds, owns, and operates purpose-built Service Operation Vessels (SOVs) and Commissioning Service Operation Vessels (CSOVs) for offshore wind farms worldwide.

Edda Wind ASA (OSL:EWIND) Headlines

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