Nordic Fibreboard AS (OTSE:SKN1T) Days Sales Outstanding : 31.20 (As of Mar. 2024)

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What is Nordic Fibreboard AS Days Sales Outstanding?

Nordic Fibreboard AS's average Accounts Receivable for the three months ended in Mar. 2024 was €0.67 Mil. Nordic Fibreboard AS's Revenue for the three months ended in Mar. 2024 was €1.96 Mil. Hence, Nordic Fibreboard AS's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.20.

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

OTSE:SKN1T' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.62 Med: 19.11 Max: 37.71
Current: 37.71

During the past 13 years, Nordic Fibreboard AS's highest Days Sales Outstanding was 37.71. The lowest was 12.62. And the median was 19.11.

OTSE:SKN1T's Days Sales Outstanding is ranked better than
69.6% of 421 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.27 vs OTSE:SKN1T: 37.71

Nordic Fibreboard AS's Days Sales Outstanding increased from Mar. 2023 (25.40) to Mar. 2024 (31.20).

Nordic Fibreboard AS Days Sales Outstanding Historical Data

The historical data trend for Nordic Fibreboard 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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Nordic Fibreboard AS Days Sales Outstanding Chart

Nordic Fibreboard AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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28.70

33.11

25.42

18.46

19.76

Nordic Fibreboard AS 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															25.40	37.57	32.09	38.22	31.20

Competitive Comparison of Nordic Fibreboard AS's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Nordic Fibreboard 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.

Nordic Fibreboard AS's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Nordic Fibreboard AS's Days Sales Outstanding distribution charts can be found below:

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

Nordic Fibreboard 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.

Nordic Fibreboard 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
=	( (0.391	+	0.443)	/	2 )	/	7.704	*	365
=	0.417					/	7.704	*	365
=	19.76

Nordic Fibreboard AS'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
=	( (0.443	+	0.898)	/	2 )	/	1.961	*	365 / 4
=	0.6705					/	1.961	*	365 / 4
=	31.20

Nordic Fibreboard AS (OTSE:SKN1T) 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 Fibreboard AS Days Sales Outstanding Related Terms

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Nordic Fibreboard AS (OTSE:SKN1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Nordic Fibreboard AS (OTSE:SKN1T) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rääma 31, Parnu, EST, 80044

Website

https://www.nordicfibreboard.com

Nordic Fibreboard AS is a company operating in the business of fiberboard and furniture products. It operates through the business segments of Fibreboard manufacturing and sale; Furniture retail sale and Real Estate Management. The company generates maximum revenue from the Fibreboard manufacturing and sale segment. Fibreboard manufacturing and sale segment include the manufacture of general construction boards based on softwood fibre boards and interior finishing boards in Parnu and Pussi factories and wholesale of those boards. Geographically, it derives a majority of revenue from the European Union and also has a presence in Russia; Asia; Africa; the Middle East and Other.

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