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Nokia Oyj (NYSE:NOK)
Days Sales Outstanding
108.79 (As of Mar. 2016)

Nokia Oyj's account receivable for the three months ended in Mar. 2016 was $7,301 Mil. Nokia Oyj's revenue for the three months ended in Mar. 2016 was $6,124 Mil. Hence, Nokia Oyj's days sales outstanding for the three months ended in Mar. 2016 was 108.79.

NOK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.26   Max: 98.33
Current: 155.86

52.26
98.33

During the past 13 years, Nokia Oyj's highest Days Sales Outstanding was 98.33. The lowest was 52.26. And the median was 67.81.

NOK's Days Sales Outstanding is ranked lower than
89% of the 471 Companies
in the Global Communication Equipment industry.

( Industry Median: 71.74 vs. NOK: 155.86 )

Nokia Oyj's days sales outstanding declined from Mar. 2015 (111.40) to Mar. 2016 (108.79).


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 Mar. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7300.66815145/6123.60801782*365 / 4
=108.79

* 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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 52.2680.0667.8171.0865.1067.8067.1483.3298.33114.27

Nokia Oyj Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
DaysSalesOutstanding 103.3297.9695.8196.5189.20111.40102.43101.5998.94108.79
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