Actic Group AB (OSTO:ATIC) Days Sales Outstanding : 11.66 (As of Mar. 2024)

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What is Actic Group AB Days Sales Outstanding?

Actic Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr22.7 Mil. Actic Group AB's Revenue for the three months ended in Mar. 2024 was kr177.9 Mil. Hence, Actic Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 11.66.

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

OSTO:ATIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.64 Med: 12.21 Max: 14.94
Current: 12.83

During the past 10 years, Actic Group AB's highest Days Sales Outstanding was 14.94. The lowest was 9.64. And the median was 12.21.

OSTO:ATIC's Days Sales Outstanding is ranked better than
73.16% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.59 vs OSTO:ATIC: 12.83

Actic Group AB's Days Sales Outstanding declined from Mar. 2023 (13.10) to Mar. 2024 (11.66).

Actic Group AB Days Sales Outstanding Historical Data

The historical data trend for Actic Group AB'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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Actic Group AB Days Sales Outstanding Chart

Actic Group AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.49

10.26

11.73

13.68

12.88

Actic Group AB 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															13.10	-	-	12.11	11.66

Competitive Comparison of Actic Group AB's Days Sales Outstanding

For the Leisure subindustry, Actic Group AB'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.

Actic Group AB's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Actic Group AB's Days Sales Outstanding distribution charts can be found below:

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

Actic Group AB 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.

Actic Group AB'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
=	( (25.153	+	22.736)	/	2 )	/	678.324	*	365
=	23.9445					/	678.324	*	365
=	12.88

Actic Group AB'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
=	( (22.736	+	0)	/	1 )	/	177.922	*	365 / 4
=	22.736					/	177.922	*	365 / 4
=	11.66

Actic Group AB (OSTO:ATIC) Days Sales Outstanding Explanation

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

Actic Group AB Days Sales Outstanding Related Terms

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Actic Group AB (OSTO:ATIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Actic Group AB (OSTO:ATIC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8XA:Germany

Address

Smidesvagen 12, Solna, SWE, SE-171 41

Website

https://www.acticgroup.se

Actic Group AB is a health and fitness club operator with a focus on Sweden, Norway and Germany, and presence in Finland and Austria. The company provides access to fitness clubs, personal trainers, group training and swimming. It also offers energy bars and drinks, training clothes, and other training products through online web shops.

Actic Group AB (OSTO:ATIC) Headlines

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