Magnora ASA (Magnora ASA) Days Sales Outstanding : 717.58 (As of Dec. 2023)

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What is Magnora ASA Days Sales Outstanding?

Magnora ASA's average Accounts Receivable for the three months ended in Dec. 2023 was $1.42 Mil. Magnora ASA's Revenue for the three months ended in Dec. 2023 was $0.18 Mil. Hence, Magnora ASA's Days Sales Outstanding for the three months ended in Dec. 2023 was 717.58.

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

SVMRF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.55 Med: 47.56 Max: 1374.45
Current: 22.24

During the past 13 years, Magnora ASA's highest Days Sales Outstanding was 1374.45. The lowest was 9.55. And the median was 47.56.

SVMRF's Days Sales Outstanding is ranked better than
93.86% of 407 companies
in the Utilities - Independent Power Producers industry
Industry Median: 65.48 vs SVMRF: 22.24

Magnora ASA's Days Sales Outstanding increased from Dec. 2022 (12.34) to Dec. 2023 (717.58).

Warning Sign:

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

Magnora ASA Days Sales Outstanding Historical Data

The historical data trend for Magnora 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.

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Magnora ASA Days Sales Outstanding Chart

Magnora ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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18.29

31.55

44.11

9.75

55.25

Magnora ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															12.34	65.76	8.63	588.36	717.58

Competitive Comparison of Magnora ASA's Days Sales Outstanding

For the Utilities - Renewable subindustry, Magnora 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.

Magnora ASA's Days Sales Outstanding Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Magnora ASA's Days Sales Outstanding distribution charts can be found below:

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

Magnora 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.

Magnora 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
=	( (0.374	+	0.332)	/	2 )	/	2.332	*	365
=	0.353					/	2.332	*	365
=	55.25

Magnora ASA'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.499	+	0.332)	/	2 )	/	0.18	*	365 / 4
=	1.4155					/	0.18	*	365 / 4
=	717.58

Magnora ASA (OTCPK:SVMRF) Days Sales Outstanding Explanation

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

Magnora ASA Days Sales Outstanding Related Terms

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

Magnora ASA (Magnora ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Magnora ASA (OTCPK:SVMRF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MGN:Norway MGNo:UK 4SM:Germany

Address

Karenslyst Alle 6, Oslo, NOR, 0277

Website

https://www.magnoraasa.com

Magnora ASA has a legacy royalty business that is re-invested in renewable energy development projects and companies. The company's segment includes Corporate and Projects. It generates maximum revenue from the Corporate segment. Geographically, it derives a majority of revenue from the United Kingdom.

Magnora ASA (Magnora ASA) Headlines

From GuruFocus

Q4 2023 Magnora ASA Earnings Call Transcript

By GuruFocus Research • 03-01-2024