Norsk Hydro ASA (Norsk Hydro ASA) Days Sales Outstanding : 41.72 (As of Dec. 2023)

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What is Norsk Hydro ASA Days Sales Outstanding?

Norsk Hydro ASA's average Accounts Receivable for the three months ended in Dec. 2023 was $2,026 Mil. Norsk Hydro ASA's Revenue for the three months ended in Dec. 2023 was $4,432 Mil. Hence, Norsk Hydro ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.72.

The historical rank and industry rank for Norsk Hydro ASA's Days Sales Outstanding or its related term are showing as below:

NHYDY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.16 Med: 37.93 Max: 49.47
Current: 44.21

During the past 13 years, Norsk Hydro ASA's highest Days Sales Outstanding was 49.47. The lowest was 31.16. And the median was 37.93.

NHYDY's Days Sales Outstanding is ranked worse than
51.77% of 790 companies
in the Metals & Mining industry
Industry Median: 42.04 vs NHYDY: 44.21

Norsk Hydro ASA's Days Sales Outstanding declined from Dec. 2022 (47.04) to Dec. 2023 (41.72).

Norsk Hydro ASA Days Sales Outstanding Historical Data

The historical data trend for Norsk Hydro ASA'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.

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Norsk Hydro ASA Days Sales Outstanding Chart

Norsk Hydro ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.41

48.61

40.97

32.69

34.10

Norsk Hydro ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															47.04	44.84	48.17	54.88	41.72

Competitive Comparison of Norsk Hydro ASA's Days Sales Outstanding

For the Aluminum subindustry, Norsk Hydro ASA'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.

Norsk Hydro ASA's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Norsk Hydro ASA's Days Sales Outstanding falls into.

Norsk Hydro ASA 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.

Norsk Hydro ASA's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1837.431	+	1592.223)	/	2 )	/	18353.556	*	365
=	1714.827					/	18353.556	*	365
=	34.10

Norsk Hydro ASA's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2460.395	+	1592.223)	/	2 )	/	4431.911	*	365 / 4
=	2026.309					/	4431.911	*	365 / 4
=	41.72

Norsk Hydro ASA (OTCPK:NHYDY) Days Sales Outstanding Explanation

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

Norsk Hydro ASA Days Sales Outstanding Related Terms

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Norsk Hydro ASA (Norsk Hydro ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norsk Hydro ASA (OTCPK:NHYDY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NHYKF:USA NHYo:Sweden NHY:Norway NHYo:UK 0Q11:UK NOH1:Germany

Address

Postboks 980 Skøyen,, Oslo, NOR, NO-0240

Website

https://www.hydro.com

Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy, as well as the Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.

Norsk Hydro ASA (Norsk Hydro ASA) Headlines

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