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Nokia Oyj (NYSE:NOK)
Days Sales Outstanding
101.59 (As of Sep. 2015)

Nokia Oyj's account receivable for the three months ended in Sep. 2015 was $3,793 Mil. Nokia Oyj's revenue for the three months ended in Sep. 2015 was $3,407 Mil. Hence, Nokia Oyj's days sales outstanding for the three months ended in Sep. 2015 was 101.59.

NOK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.26   Max: 131.57
Current: 88.63

52.26
131.57

During the past 13 years, Nokia Oyj's highest Days Sales Outstanding was 131.57. The lowest was 52.26. And the median was 69.53.

NOK's Days Sales Outstanding is ranked lower than
65% of the 457 Companies
in the Global Communication Equipment industry.

( Industry Median: 71.21 vs. NOK: 88.63 )

Nokia Oyj's days sales outstanding increased from Sep. 2014 (96.51) to Sep. 2015 (101.59).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Nokia Oyj's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4229.34648582/15699.1368681*365
=98.33

Nokia Oyj's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=3793.49046016/3407.40740741*365 / 4
=101.59

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Nokia Oyj Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
DaysSalesOutstanding 57.0752.2680.1967.9871.0865.1067.80131.5783.3298.33

Nokia Oyj Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
DaysSalesOutstanding 109.59115.4476.1697.9695.8196.5169.88102.30102.43101.59
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