Investment AB Latour (OSTO:LATO B) Days Sales Outstanding : 72.98 (As of Mar. 2024)

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What is Investment AB Latour Days Sales Outstanding?

Investment AB Latour's average Accounts Receivable for the three months ended in Mar. 2024 was kr4,896 Mil. Investment AB Latour's Revenue for the three months ended in Mar. 2024 was kr6,122 Mil. Hence, Investment AB Latour's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.98.

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

OSTO:LATO B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.64 Med: 58.56 Max: 81.81
Current: 81.81

During the past 13 years, Investment AB Latour's highest Days Sales Outstanding was 81.81. The lowest was 51.64. And the median was 58.56.

OSTO:LATO B's Days Sales Outstanding is ranked worse than
67.32% of 511 companies
in the Asset Management industry
Industry Median: 49.9 vs OSTO:LATO B: 81.81

Investment AB Latour's Days Sales Outstanding declined from Mar. 2023 (75.51) to Mar. 2024 (72.98).

Investment AB Latour Days Sales Outstanding Historical Data

The historical data trend for Investment AB Latour'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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Investment AB Latour Days Sales Outstanding Chart

Investment AB Latour Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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59.04

59.38

58.07

65.25

61.47

Investment AB Latour 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															75.51	85.73	94.00	71.87	72.98

Competitive Comparison of Investment AB Latour's Days Sales Outstanding

For the Asset Management subindustry, Investment AB Latour'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.

Investment AB Latour's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Investment AB Latour's Days Sales Outstanding distribution charts can be found below:

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

Investment AB Latour 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.

Investment AB Latour'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
=	( (4573	+	4033)	/	2 )	/	25550	*	365
=	4303					/	25550	*	365
=	61.47

Investment AB Latour'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
=	( (4033	+	5759)	/	2 )	/	6122	*	365 / 4
=	4896					/	6122	*	365 / 4
=	72.98

Investment AB Latour (OSTO:LATO B) Days Sales Outstanding Explanation

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

Investment AB Latour Days Sales Outstanding Related Terms

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Investment AB Latour (OSTO:LATO B) Business Description

Industry

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Traded in Other Exchanges

LATOBs:UK 0RQP:UK 18LB:Germany

Address

J A Wettergrens Gata 7, P.O. Box 336, Gothenburg, SWE, 401 25

Website

http://www.latour.se

Investment AB Latour is an investment holding company that makes investments in wholly owned industrial operations and a portfolio of securities. Latour has a long-term and activist orientation, with the vast majority of its total net asset value deriving from companies that have been in its portfolio for more than 20 years. The company measures its performance against its benchmark, the Stockholm Stock Exchange's total return index. Its criterion is to invest in companies that have their own products that meet growing international demand. Latour specifically evaluates four trends: demographic development, sustainability, globalization, and competition for limited resources.

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