Noratis AG (HAM:NUVA) Days Sales Outstanding : 8.36 (As of Jun. 2023)

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What is Noratis AG Days Sales Outstanding?

Noratis AG's average Accounts Receivable for the six months ended in Jun. 2023 was €1.53 Mil. Noratis AG's Revenue for the six months ended in Jun. 2023 was €33.48 Mil. Hence, Noratis AG's Days Sales Outstanding for the six months ended in Jun. 2023 was 8.36.

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

HAM:NUVA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.87 Med: 5.87 Max: 83.65
Current: 10.34

During the past 8 years, Noratis AG's highest Days Sales Outstanding was 83.65. The lowest was 0.87. And the median was 5.87.

HAM:NUVA's Days Sales Outstanding is ranked better than
75.15% of 1666 companies
in the Real Estate industry
Industry Median: 36.77 vs HAM:NUVA: 10.34

Noratis AG's Days Sales Outstanding increased from Jun. 2022 (3.21) to Jun. 2023 (8.36).

Noratis AG Days Sales Outstanding Historical Data

The historical data trend for Noratis AG'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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Noratis AG Days Sales Outstanding Chart

Noratis AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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83.65

76.58

58.77

5.87

5.70

Noratis AG Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial											3.17	11.94	3.21	14.77	8.36

Competitive Comparison of Noratis AG's Days Sales Outstanding

For the Real Estate - Development subindustry, Noratis AG'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.

Noratis AG's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Noratis AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Noratis AG's Days Sales Outstanding falls into.

Noratis AG 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.

Noratis AG's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1.086	+	1.603)	/	2 )	/	86.101	*	365
=	1.3445					/	86.101	*	365
=	5.70

Noratis AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.603	+	1.463)	/	2 )	/	33.479	*	365 / 2
=	1.533					/	33.479	*	365 / 2
=	8.36

Noratis AG (HAM:NUVA) Days Sales Outstanding Explanation

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

Noratis AG Days Sales Outstanding Related Terms

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Noratis AG (HAM:NUVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Noratis AG (HAM:NUVA) » Definitions » Days Sales Outstanding

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NUVA:Germany

Address

Hauptstrasse 129, Eschborn, HE, DEU, 65760

Website

https://www.noratis.de

Noratis AG is a developer of residential property portfolios. The company invests in residential properties with technical and commercial development potential in Germany, mainly in small and medium-sized towns or on the outskirts of metropolitan areas. The Company specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations.