M Vest Water AS (OSL:MVW) Days Sales Outstanding : 121.02 (As of Dec. 2023)

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What is M Vest Water AS Days Sales Outstanding?

M Vest Water AS's average Accounts Receivable for the three months ended in Dec. 2023 was kr1.58 Mil. M Vest Water AS's Revenue for the three months ended in Dec. 2023 was kr1.19 Mil. Hence, M Vest Water AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 121.02.

The historical rank and industry rank for M Vest Water AS's Days Sales Outstanding or its related term are showing as below:

OSL:MVW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.99 Med: 71.24 Max: 775.63
Current: 42.07

During the past 6 years, M Vest Water AS's highest Days Sales Outstanding was 775.63. The lowest was 15.99. And the median was 71.24.

OSL:MVW's Days Sales Outstanding is ranked better than
88.47% of 2957 companies
in the Industrial Products industry
Industry Median: 79.56 vs OSL:MVW: 42.07

M Vest Water AS's Days Sales Outstanding increased from Dec. 2022 (38.97) to Dec. 2023 (121.02).

M Vest Water AS Days Sales Outstanding Historical Data

The historical data trend for M Vest Water AS'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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M Vest Water AS Days Sales Outstanding Chart

M Vest Water AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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82.55

106.09

775.63

59.93

38.03

M Vest Water AS Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										38.97	40.63	32.99	28.35	121.02

Competitive Comparison of M Vest Water AS's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, M Vest Water AS'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.

M Vest Water AS's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, M Vest Water AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where M Vest Water AS's Days Sales Outstanding falls into.

M Vest Water AS 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.

M Vest Water AS'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
=	( (0.596	+	1.698)	/	2 )	/	11.008	*	365
=	1.147					/	11.008	*	365
=	38.03

M Vest Water AS'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
=	( (1.469	+	1.698)	/	2 )	/	1.194	*	365 / 4
=	1.5835					/	1.194	*	365 / 4
=	121.02

M Vest Water AS (OSL:MVW) Days Sales Outstanding Explanation

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

M Vest Water AS Days Sales Outstanding Related Terms

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M Vest Water AS (OSL:MVW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » M Vest Water AS (OSL:MVW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Espehaugen 54, Blomsterdalen, Bergen, NOR, 5258

Website

https://www.mvestwater.com

M Vest Water AS is an environmental technology company that has developed unique products and solutions for the water treatment industry, both in Industrial as well as Municipal markets. It is engaged in providing products and equipment utilized for the treatment and purification of water and wastewater. The company focuses on the oil and gas industry, although the available technology can be applied for cleaning water across various industries. The product portfolio of the company comprises of NorwaFloc, NORWAPOL, and AFM.

M Vest Water AS (OSL:MVW) Headlines

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