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Dedicare AB (OSTO:DEDI) Days Sales Outstanding : 55.33 (As of Mar. 2024)


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What is Dedicare AB Days Sales Outstanding?

Dedicare AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr261 Mil. Dedicare AB's Revenue for the three months ended in Mar. 2024 was kr430 Mil. Hence, Dedicare AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.33.

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

OSTO:DEDI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.76   Med: 36.2   Max: 63.01
Current: 63.01

During the past 13 years, Dedicare AB's highest Days Sales Outstanding was 63.01. The lowest was 32.76. And the median was 36.20.

OSTO:DEDI's Days Sales Outstanding is ranked worse than
55.53% of 1039 companies
in the Business Services industry
Industry Median: 58.53 vs OSTO:DEDI: 63.01

Dedicare AB's Days Sales Outstanding increased from Mar. 2023 (54.68) to Mar. 2024 (55.33).


Dedicare AB Days Sales Outstanding Historical Data

The historical data trend for Dedicare 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.

* Premium members only.

Dedicare AB Days Sales Outstanding Chart

Dedicare AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.22 34.52 32.76 37.38 39.36

Dedicare 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.68 71.24 64.72 55.35 55.33

Competitive Comparison of Dedicare AB's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Dedicare 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.


Dedicare AB's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Dedicare AB's Days Sales Outstanding distribution charts can be found below:

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



Dedicare 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.

Dedicare 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
=( (230.581 + 194.482) / 2 ) / 1970.695*365
=212.5315 / 1970.695*365
=39.36

Dedicare 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
=( (194.482 + 327.2) / 2 ) / 430.2*365 / 4
=260.841 / 430.2*365 / 4
=55.33

* 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.


Dedicare AB  (OSTO:DEDI) Days Sales Outstanding Explanation

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


Dedicare AB Days Sales Outstanding Related Terms

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Dedicare AB (OSTO:DEDI) Business Description

Traded in Other Exchanges
Address
Ringvägen 100, 10 tr, Stockholm, SWE, 118 60
Dedicare AB is engaged in the business of hiring and recruiting doctors, nurses, medical secretaries and other staff in health care. The company also recruits social workers, social scientists, psychologists and other personnel in the industry of social work.

Dedicare AB (OSTO:DEDI) Headlines

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