Nova (NVMI) Days Sales Outstanding : 69.05 (As of Dec. 2023)

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What is Nova Days Sales Outstanding?

Nova's average Accounts Receivable for the three months ended in Dec. 2023 was $101.6 Mil. Nova's Revenue for the three months ended in Dec. 2023 was $134.2 Mil. Hence, Nova's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.05.

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

NVMI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.53 Med: 68.67 Max: 85.31
Current: 69.96

During the past 13 years, Nova's highest Days Sales Outstanding was 85.31. The lowest was 42.53. And the median was 68.67.

NVMI's Days Sales Outstanding is ranked worse than
58.18% of 978 companies
in the Semiconductors industry
Industry Median: 62.435 vs NVMI: 69.96

Nova's Days Sales Outstanding increased from Dec. 2022 (62.82) to Dec. 2023 (69.05).

Nova Days Sales Outstanding Historical Data

The historical data trend for Nova'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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Nova Days Sales Outstanding Chart

Nova Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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85.31

77.85

57.79

56.84

77.72

Nova Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															62.82	72.58	68.38	61.90	69.05

Competitive Comparison of Nova's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, Nova'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.

Nova's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova's Days Sales Outstanding distribution charts can be found below:

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

Nova 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.

Nova'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
=	( (109.32	+	111.256)	/	2 )	/	517.922	*	365
=	110.288					/	517.922	*	365
=	77.72

Nova'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
=	( (91.861	+	111.256)	/	2 )	/	134.219	*	365 / 4
=	101.5585					/	134.219	*	365 / 4
=	69.05

Nova (NAS:NVMI) Days Sales Outstanding Explanation

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

Nova Days Sales Outstanding Related Terms

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Nova (NVMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nova Ltd (NAS:NVMI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NVMI:Israel NMR:Germany

Address

5 David Fikes Street, Rehovot, ISR, 7632805

Website

https://www.novami.com

Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates majority of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.

Executives

Marxe Austin W & Greenhouse David M

10 percent owner

C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022