Switch to:
GuruFocus has detected 1 Warning Sign with Nokia Oyj $NOK.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Nokia Oyj (NYSE:NOK)
Days Sales Outstanding
99.69 (As of Sep. 2016)

Nokia Oyj's account receivable for the three months ended in Sep. 2016 was $7,222 Mil. Nokia Oyj's revenue for the three months ended in Sep. 2016 was $6,611 Mil. Hence, Nokia Oyj's days sales outstanding for the three months ended in Sep. 2016 was 99.69.

NOK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.1   Max: 164.14
Current: 107.77

65.1
164.14

During the past 13 years, Nokia Oyj's highest Days Sales Outstanding was 164.14. The lowest was 65.10. And the median was 98.11.

NOK's Days Sales Outstanding is ranked lower than
76% of the 468 Companies
in the Global Communication Equipment industry.

( Industry Median: 72.21 vs. NOK: 107.77 )

Nokia Oyj's days sales outstanding declined from Sep. 2015 (101.59) to Sep. 2016 (99.69).


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. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4262.52723312/13615.4684096*365
=114.27

Nokia Oyj's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7222.22222222/6610.54994388*365 / 4
=99.69

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Nokia Oyj Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 80.1967.9871.0865.10164.14131.5789.77106.44114.27107.77

Nokia Oyj Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 96.5189.20111.40112.60101.590.00108.79108.2399.6995.80
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK