Norsk Titanium AS (Norsk Titanium AS) Days Sales Outstanding : 68.49 (As of Dec. 2023)

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What is Norsk Titanium AS Days Sales Outstanding?

Norsk Titanium AS's average Accounts Receivable for the six months ended in Dec. 2023 was $0.49 Mil. Norsk Titanium AS's Revenue for the six months ended in Dec. 2023 was $1.31 Mil. Hence, Norsk Titanium AS's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.49.

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

NORSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.37 Med: 537.61 Max: 3555.88
Current: 90.37

During the past 6 years, Norsk Titanium AS's highest Days Sales Outstanding was 3555.88. The lowest was 90.37. And the median was 537.61.

NORSF's Days Sales Outstanding is ranked worse than
64.21% of 299 companies
in the Aerospace & Defense industry
Industry Median: 63.69 vs NORSF: 90.37

Norsk Titanium AS's Days Sales Outstanding declined from Dec. 2022 (82.15) to Dec. 2023 (68.49).

Norsk Titanium AS Days Sales Outstanding Historical Data

The historical data trend for Norsk Titanium AS'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 Titanium AS Days Sales Outstanding Chart

Norsk Titanium AS Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2,640.82

865.98

169.39

198.69

106.62

Norsk Titanium AS Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					66.63	992.80	82.15	112.83	68.49

Competitive Comparison of Norsk Titanium AS's Days Sales Outstanding

For the Aerospace & Defense subindustry, Norsk Titanium AS'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 Titanium AS's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Norsk Titanium AS's Days Sales Outstanding distribution charts can be found below:

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

Norsk Titanium AS 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 Titanium AS'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
=	( (0.703	+	0.584)	/	2 )	/	2.203	*	365
=	0.6435					/	2.203	*	365
=	106.62

Norsk Titanium AS'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.4	+	0.584)	/	2 )	/	1.311	*	365 / 2
=	0.492					/	1.311	*	365 / 2
=	68.49

Norsk Titanium AS (OTCPK:NORSF) 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 Titanium AS Days Sales Outstanding Related Terms

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Norsk Titanium AS (Norsk Titanium AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NTI:Norway 84F:Germany

Address

Flyplassveien 20, Honefoss, NOR, 3514

Website

https://www.norsktitanium.com

Norsk Titanium AS is a producer of aerospace-grade, additively manufactured, structural titanium components for commercial aerospace tier-one suppliers. Its patented RPD technology revolutionizes the industry by pioneering a new era of on-demand metal additive manufacturing that delivers 3D-printed, structural titanium, providing substantial lead-time and cost savings to the aerospace, defence, and industrial markets.

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