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Nokia Oyj (NYSE:NOK)
Days Sales Outstanding
95.78 (As of Dec. 2016)

Nokia Oyj's account receivable for the three months ended in Dec. 2016 was $7,354 Mil. Nokia Oyj's revenue for the three months ended in Dec. 2016 was $7,006 Mil. Hence, Nokia Oyj's days sales outstanding for the three months ended in Dec. 2016 was 95.78.

NOK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.1   Max: 114.27
Current: 107.77

65.1
114.27

During the past 13 years, Nokia Oyj's highest Days Sales Outstanding was 114.27. The lowest was 65.10. And the median was 75.64.

NOK's Days Sales Outstanding is ranked lower than
72% of the 471 Companies
in the Global Communication Equipment industry.

( Industry Median: 74.24 vs. NOK: 107.77 )

Nokia Oyj's days sales outstanding increased from Dec. 2015 (0.00) to Dec. 2016 (95.78).


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. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7354.43037975/24909.2827004*365
=107.77

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

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=7354.43037975/7006.32911392*365 / 4
=95.78

* 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 80.1967.9771.0865.1067.8067.1483.3298.33114.27107.77

Nokia Oyj Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 89.6682.32102.30102.43101.590.00108.79108.2399.6995.78
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