HAV Group ASA (OSL:HAV) Days Sales Outstanding : 44.19 (As of Dec. 2023)

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What is HAV Group ASA Days Sales Outstanding?

HAV Group ASA's average Accounts Receivable for the three months ended in Dec. 2023 was kr54.9 Mil. HAV Group ASA's Revenue for the three months ended in Dec. 2023 was kr113.5 Mil. Hence, HAV Group ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.19.

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

OSL:HAV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.08 Med: 49.36 Max: 137.81
Current: 43.92

During the past 7 years, HAV Group ASA's highest Days Sales Outstanding was 137.81. The lowest was 26.08. And the median was 49.36.

OSL:HAV's Days Sales Outstanding is ranked better than
52.69% of 968 companies
in the Transportation industry
Industry Median: 45.775 vs OSL:HAV: 43.92

HAV Group ASA's Days Sales Outstanding declined from Dec. 2022 (46.43) to Dec. 2023 (44.19).

HAV Group ASA Days Sales Outstanding Historical Data

The historical data trend for HAV Group 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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HAV Group ASA Days Sales Outstanding Chart

HAV Group ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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80.10

39.13

26.08

49.36

40.99

HAV Group ASA Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															46.43	61.52	40.72	39.36	44.19

Competitive Comparison of HAV Group ASA's Days Sales Outstanding

For the Marine Shipping subindustry, HAV Group 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.

HAV Group ASA's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, HAV Group ASA's Days Sales Outstanding distribution charts can be found below:

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

HAV Group 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.

HAV Group 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
=	( (82.632	+	55.979)	/	2 )	/	617.101	*	365
=	69.3055					/	617.101	*	365
=	40.99

HAV Group 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
=	( (53.895	+	55.979)	/	2 )	/	113.453	*	365 / 4
=	54.937					/	113.453	*	365 / 4
=	44.19

HAV Group ASA (OSL:HAV) Days Sales Outstanding Explanation

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

HAV Group ASA Days Sales Outstanding Related Terms

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HAV Group ASA (OSL:HAV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » HAV Group ASA (OSL:HAV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6HH:Germany

Address

Holmefjordvegen 1, Fosnavag, NOR, 6090

Website

https://www.havgroup.no

HAV Group ASA is a provider of solutions and technology to the global marine and maritime industries. The group's vision is to contribute to the green shift through innovative solutions and high-end products for the ocean industries. It offers ship design, shipbuilding technology, ship equipment and systems, and service to sailing ships worldwide.

HAV Group ASA (OSL:HAV) Headlines

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