GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nordic Semiconductor ASA (OTCPK:NDCVF) » Definitions » Days Sales Outstanding

Nordic Semiconductor ASA (Nordic Semiconductor ASA) Days Sales Outstanding : 144.64 (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Nordic Semiconductor ASA Days Sales Outstanding?

Nordic Semiconductor ASA's average Accounts Receivable for the three months ended in Mar. 2024 was $118.1 Mil. Nordic Semiconductor ASA's Revenue for the three months ended in Mar. 2024 was $74.5 Mil. Hence, Nordic Semiconductor ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 144.64.

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

NDCVF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.39   Med: 71.79   Max: 112.64
Current: 112.64

During the past 13 years, Nordic Semiconductor ASA's highest Days Sales Outstanding was 112.64. The lowest was 66.39. And the median was 71.79.

NDCVF's Days Sales Outstanding is ranked worse than
86.02% of 980 companies
in the Semiconductors industry
Industry Median: 63.06 vs NDCVF: 112.64

Nordic Semiconductor ASA's Days Sales Outstanding increased from Mar. 2023 (110.21) to Mar. 2024 (144.64).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Nordic Semiconductor ASA Days Sales Outstanding Historical Data

The historical data trend for Nordic Semiconductor 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.

* Premium members only.

Nordic Semiconductor ASA Days Sales Outstanding Chart

Nordic Semiconductor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.60 68.71 68.69 74.45 103.69

Nordic Semiconductor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 110.21 98.99 107.74 123.89 144.64

Competitive Comparison of Nordic Semiconductor ASA's Days Sales Outstanding

For the Semiconductors subindustry, Nordic Semiconductor 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.


Nordic Semiconductor ASA's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's Days Sales Outstanding distribution charts can be found below:

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



Nordic Semiconductor 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.

Nordic Semiconductor 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
=( (175.12 + 133.316) / 2 ) / 542.868*365
=154.218 / 542.868*365
=103.69

Nordic Semiconductor ASA's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (133.316 + 102.865) / 2 ) / 74.498*365 / 4
=118.0905 / 74.498*365 / 4
=144.64

* 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.


Nordic Semiconductor ASA  (OTCPK:NDCVF) Days Sales Outstanding Explanation

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


Nordic Semiconductor ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Nordic Semiconductor ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Nordic Semiconductor ASA (Nordic Semiconductor ASA) Business Description

Traded in Other Exchanges
Address
Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor has a leading market share in the design of Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, thread protocol, and long-range connectivity. In 2022 Nordic generated almost $800 million in revenue.

Nordic Semiconductor ASA (Nordic Semiconductor ASA) Headlines

From GuruFocus

Q4 2023 Nordic Semiconductor ASA Earnings Call Transcript

By GuruFocus Research 02-07-2024