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Northern Technologies International (Northern Technologies International) Days Sales Outstanding : 67.23 (As of Feb. 2024)


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What is Northern Technologies International Days Sales Outstanding?

Northern Technologies International's average Accounts Receivable for the three months ended in Feb. 2024 was $15.36 Mil. Northern Technologies International's Revenue for the three months ended in Feb. 2024 was $20.84 Mil. Hence, Northern Technologies International's Days Sales Outstanding for the three months ended in Feb. 2024 was 67.23.

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

NTIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.5   Med: 63.39   Max: 73.37
Current: 69.57

During the past 13 years, Northern Technologies International's highest Days Sales Outstanding was 73.37. The lowest was 55.50. And the median was 63.39.

NTIC's Days Sales Outstanding is ranked worse than
55.53% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs NTIC: 69.57

Northern Technologies International's Days Sales Outstanding declined from Feb. 2023 (78.12) to Feb. 2024 (67.23).


Northern Technologies International Days Sales Outstanding Historical Data

The historical data trend for Northern Technologies International'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.

* Premium members only.

Northern Technologies International Days Sales Outstanding Chart

Northern Technologies International Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.68 73.37 65.58 65.43 70.05

Northern Technologies International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.12 70.21 70.09 69.74 67.23

Competitive Comparison of Northern Technologies International's Days Sales Outstanding

For the Specialty Chemicals subindustry, Northern Technologies International'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.


Northern Technologies International's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Northern Technologies International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Northern Technologies International's Days Sales Outstanding falls into.



Northern Technologies International 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.

Northern Technologies International's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (14.835 + 15.833) / 2 ) / 79.903*365
=15.334 / 79.903*365
=70.05

Northern Technologies International's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (15.018 + 15.693) / 2 ) / 20.843*365 / 4
=15.3555 / 20.843*365 / 4
=67.23

* 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.


Northern Technologies International  (NAS:NTIC) Days Sales Outstanding Explanation

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


Northern Technologies International Days Sales Outstanding Related Terms

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Northern Technologies International (Northern Technologies International) Business Description

Traded in Other Exchanges
N/A
Address
4201 Woodland Road, P.O. Box 69, Circle Pines, MN, USA, 55014
Northern Technologies International Corp, or NTIC is a United States-based firm that develops and markets environmentally beneficial products and services world-wide either directly or through a network of joint ventures, distributors, and agents. It operates through two segments which include ZERUST products and services and Nature-Tec products. Its main business is providing corrosion prevention solutions that are marketed under the ZERUST brand. The company also sells a portfolio of bio-based and biodegradable (compostable) polymer resin compounds and finished products marketed under the Nature-Tec brand. The ZERUST brand generates a vast majority of the revenue for the company.
Executives
Nancy E. Calderon director 1285 WAKEFIELD TRAIL, RENO NV 89523
Richard Nigon director CEDAR POINT CAPITAL, 150 SOUTH 5TH STREET, MINNEAPOLIS MN 55402
Sarah E. Kemp director 4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Pinho Cristina Lucia Duarte director 4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Falkenhausen Konstantin Von director 4201 WOODLAND ROAD, PO BOX 69, CIRCLE PINES MN 55014
Barbara D. Colwell director 4201 WOODLAND ROAD, CIRCLE PINES MN 55014
G Patrick Lynch director 4201 WOODLAND ROAD, CIRCLE PINES MN 55014
Pierre Chenu director 118B AVENUE W CHURCHILL, PO BOX 15, BRUSSELS C9 1180
Mark J Stone director 689 5TH AVENUE, 14TH FLOOR, NEW YORK NY 10022
Inter Alia Holding Co 10 percent owner
Juliane I Lynch 10 percent owner 23205 MERCANTILE ROAD, BEACHWOOD OH 44122
Koh Soo Keong director 4201 WOODLAND ROAD, POST OFFICE BOX 69, CIRCLE PINES MN 55014
Tilman Bernhard Frank director 4201 WOODLAND ROAD, POST OFFICE BOX 69, CIRCLE PINES MN 55014
Sunggyu Lee director 4912 MCKENNA CT, COLUMBIA MO 65203
Ramani Narayan director 4275 CONIFER CIRCLE, OKEMOS MI 48864

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