Green Landscaping Group AB (OSTO:GREEN) Days Sales Outstanding : 69.34 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Green Landscaping Group AB Days Sales Outstanding?

Green Landscaping Group AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr1,051 Mil. Green Landscaping Group AB's Revenue for the three months ended in Mar. 2024 was kr1,383 Mil. Hence, Green Landscaping Group AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.34.

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

OSTO:GREEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.69 Med: 60.99 Max: 77.85
Current: 60

During the past 9 years, Green Landscaping Group AB's highest Days Sales Outstanding was 77.85. The lowest was 53.69. And the median was 60.99.

OSTO:GREEN's Days Sales Outstanding is ranked worse than
51.83% of 1038 companies
in the Business Services industry
Industry Median: 58.43 vs OSTO:GREEN: 60.00

Green Landscaping Group AB's Days Sales Outstanding increased from Mar. 2023 (64.09) to Mar. 2024 (69.34).

Green Landscaping Group AB Days Sales Outstanding Historical Data

The historical data trend for Green Landscaping 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.

* Premium members only.

Green Landscaping Group AB Days Sales Outstanding Chart

Green Landscaping Group AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

56.60

59.08

59.90

61.20

63.57

Green Landscaping 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															64.09	53.50	64.32	58.02	69.34

Competitive Comparison of Green Landscaping Group AB's Days Sales Outstanding

For the Specialty Business Services subindustry, Green Landscaping 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.

Green Landscaping Group AB's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Green Landscaping 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.

Green Landscaping 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
=	( (972	+	1059)	/	2 )	/	5831	*	365
=	1015.5					/	5831	*	365
=	63.57

Green Landscaping 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
=	( (1059	+	1043)	/	2 )	/	1383	*	365 / 4
=	1051					/	1383	*	365 / 4
=	69.34

Green Landscaping Group AB (OSTO:GREEN) Days Sales Outstanding Explanation

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

Green Landscaping Group AB Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Green Landscaping Group AB's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Green Landscaping Group AB (OSTO:GREEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Green Landscaping Group AB (OSTO:GREEN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

2WN:Germany

Address

Biblioteksgatan 25, Stockholm, SWE, 114 35

Website

https://www.greenlandscapinggroup.se

Green Landscaping Group AB is engaged in maintenance and planning of outdoor environments such as green areas, parks, courtyards, tree care and sports facilities. The service areas it is involved in are landscaping and construction and ground maintenance. During winter, it also offers snow and ice removal. The Group is gathered under six geographic segments: Region South, Region Mid, Region Stockholm, Region North, Region Norway and Region Finland and other.

Green Landscaping Group AB (OSTO:GREEN) Headlines

No Headlines