NKT A/S (OCSE:NKT) Days Sales Outstanding : 42.24 (As of Mar. 2024)

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What is NKT A/S Days Sales Outstanding?

NKT A/S's average Accounts Receivable for the three months ended in Mar. 2024 was kr2,430 Mil. NKT A/S's Revenue for the three months ended in Mar. 2024 was kr5,249 Mil. Hence, NKT A/S's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.24.

The historical rank and industry rank for NKT A/S's Days Sales Outstanding or its related term are showing as below:

OCSE:NKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.43 Med: 44.88 Max: 84.45
Current: 72.19

During the past 13 years, NKT A/S's highest Days Sales Outstanding was 84.45. The lowest was 31.43. And the median was 44.88.

OCSE:NKT's Days Sales Outstanding is ranked better than
57.3% of 2960 companies
in the Industrial Products industry
Industry Median: 79.61 vs OCSE:NKT: 72.19

NKT A/S's Days Sales Outstanding declined from Mar. 2023 (65.95) to Mar. 2024 (42.24).

NKT A/S Days Sales Outstanding Historical Data

The historical data trend for NKT A/S'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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NKT A/S Days Sales Outstanding Chart

NKT A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.38

37.66

37.33

36.97

31.43

NKT A/S 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															65.95	96.31	93.59	60.08	42.24

Competitive Comparison of NKT A/S's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, NKT A/S'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.

NKT A/S's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NKT A/S's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where NKT A/S's Days Sales Outstanding falls into.

NKT A/S 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.

NKT A/S'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
=	( (1552.626	+	1742.613)	/	2 )	/	19134.459	*	365
=	1647.6195					/	19134.459	*	365
=	31.43

NKT A/S'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
=	( (1742.613	+	3116.735)	/	2 )	/	5249.238	*	365 / 4
=	2429.674					/	5249.238	*	365 / 4
=	42.24

NKT A/S (OCSE:NKT) Days Sales Outstanding Explanation

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

NKT A/S Days Sales Outstanding Related Terms

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NKT A/S (OCSE:NKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT A/S (OCSE:NKT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NRKBF:USA NKTc:UK 0MGC:UK NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT A/S is a Denmark-based holding company that acquires, owns, and manages industrial companies in three business areas: Solutions, Applications, and Service and Accessories. NKT provides cables for power infrastructure, including onshore and offshore power transmission system, and its solutions bring power to interconnections, hydro-electric, and nuclear power plants, including onshore and offshore wind farms, oil and gas platforms, and solar energy. NKT Photonics, a supplier of fiber lasers and photonic crystal fibers. Geographically, the company operates and derives its majority revenue from mainland Europe, but it's also expanding its business to the U.S., China, and the U.K.

NKT A/S (OCSE:NKT) Headlines

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