Nordisk Bergteknik AB (OSTO:NORB B) Days Sales Outstanding : 64.70 (As of Mar. 2024)

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What is Nordisk Bergteknik AB Days Sales Outstanding?

Nordisk Bergteknik AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr533 Mil. Nordisk Bergteknik AB's Revenue for the three months ended in Mar. 2024 was kr751 Mil. Hence, Nordisk Bergteknik AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.70.

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

OSTO:NORB B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.87 Med: 58.93 Max: 77.44
Current: 61.43

During the past 6 years, Nordisk Bergteknik AB's highest Days Sales Outstanding was 77.44. The lowest was 45.87. And the median was 58.93.

OSTO:NORB B's Days Sales Outstanding is ranked better than
61.12% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs OSTO:NORB B: 61.43

Nordisk Bergteknik AB's Days Sales Outstanding increased from Mar. 2023 (54.31) to Mar. 2024 (64.70).

Nordisk Bergteknik AB Days Sales Outstanding Historical Data

The historical data trend for Nordisk Bergteknik AB'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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Nordisk Bergteknik AB Days Sales Outstanding Chart

Nordisk Bergteknik AB Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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61.78

61.28

49.28

45.87

56.58

Nordisk Bergteknik AB Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												54.31	55.21	68.20	62.64	64.70

Competitive Comparison of Nordisk Bergteknik AB's Days Sales Outstanding

For the Engineering & Construction subindustry, Nordisk Bergteknik AB'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.

Nordisk Bergteknik AB's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nordisk Bergteknik AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nordisk Bergteknik AB's Days Sales Outstanding falls into.

Nordisk Bergteknik AB 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.

Nordisk Bergteknik AB'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
=	( (543.3	+	549.9)	/	2 )	/	3526.4	*	365
=	546.6					/	3526.4	*	365
=	56.58

Nordisk Bergteknik AB'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
=	( (549.9	+	515.6)	/	2 )	/	751.4	*	365 / 4
=	532.75					/	751.4	*	365 / 4
=	64.70

Nordisk Bergteknik AB (OSTO:NORB B) Days Sales Outstanding Explanation

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

Nordisk Bergteknik AB Days Sales Outstanding Related Terms

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Nordisk Bergteknik AB (OSTO:NORB B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordisk Bergteknik AB (OSTO:NORB B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

9LY:Germany

Address

Östra Hamngatan 52, Gothenburg, SWE, 411 08

Website

https://www.nordiskbergteknik.se

Nordisk Bergteknik AB's business concept is to offer contracting services in infrastructure to the construction mining and construction industries within selected niches in the Nordic countries. It operates in the two business areas of Rock Handling and Foundation Solutions, which in turn are reported in the three financial segments Foundation Sweden, Rock Sweden, and Rock Norway. It generates maximum revenue from the Rock Sweden segment. Its Majority of the revenue comes from Rock Sweden. Geographic areas are Sweden, Norway, Finland, and Other Countries where the majority of revenue comes from Sweden.

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