NVE (NVEC) Days Sales Outstanding : 34.86 (As of Dec. 2023)

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What is NVE Days Sales Outstanding?

NVE's average Accounts Receivable for the three months ended in Dec. 2023 was $2.58 Mil. NVE's Revenue for the three months ended in Dec. 2023 was $6.76 Mil. Hence, NVE's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.86.

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

NVEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.6 Med: 39.23 Max: 53.57
Current: 39.42

During the past 13 years, NVE's highest Days Sales Outstanding was 53.57. The lowest was 31.60. And the median was 39.23.

NVEC's Days Sales Outstanding is ranked better than
82.11% of 978 companies
in the Semiconductors industry
Industry Median: 62.36 vs NVEC: 39.42

NVE's Days Sales Outstanding declined from Dec. 2022 (49.05) to Dec. 2023 (34.86).

NVE Days Sales Outstanding Historical Data

The historical data trend for NVE'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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NVE Days Sales Outstanding Chart

NVE Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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40.57

40.86

39.79

45.10

53.57

NVE 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															49.05	30.73	61.58	53.17	34.86

Competitive Comparison of NVE's Days Sales Outstanding

For the Semiconductors subindustry, NVE'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.

NVE's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, NVE's Days Sales Outstanding distribution charts can be found below:

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

NVE 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.

NVE's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (4.705	+	6.523)	/	2 )	/	38.254	*	365
=	5.614					/	38.254	*	365
=	53.57

NVE'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
=	( (2.916	+	2.246)	/	2 )	/	6.756	*	365 / 4
=	2.581					/	6.756	*	365 / 4
=	34.86

NVE (NAS:NVEC) Days Sales Outstanding Explanation

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

NVE Days Sales Outstanding Related Terms

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NVE (NVEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » NVE Corp (NAS:NVEC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NVK:Germany

Address

11409 Valley View Road, Eden Prarie, MN, USA, 55344

Website

https://www.nve.com

NVE Corp develops and sells devices that use spintronics, a nanotechnology that relies on electron spin. It manufactures high-performance spintronic products including sensors and couplers that are used to acquire and transmit data. The company's products include Digital sensors, Medical sensors, Rotation Sensors, GT Sensors, Angle Sensors, Analog sensors, MSOP Isolators, Passive-In Transceivers, and others. The company manufactures high-performance spintronic products including sensors and couplers. The company's designs are based on giant magnetoresistance GMR and tunneling magnetoresistance TMR combined with integrated circuitry.

Executives

Patricia M Hollister	director	3455 LYMAN BLVD, CHASKA MN 55318-3052
Daniel A Baker	director, officer: President and CEO	11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344-3617
Terrence Glarner	director	160 MONTROSE PLACE, ST. PAUL MN 55104
James W Bracke	director	15411 MASON POINTE, EDEN PRAIRIE MN 55347
Curt A Reynders	officer: Chief Financial Officer	11409 VALLEY VIEW ROAD, EDEN PRAIRIE MN 55344
James D Hartman	director
Richard W Kramp	director	174 STONEBRIDGE ROAD, ST. PAUL MN 55118
Gary R Maharaj	director	9924 WEST 74TH STREET, EDEN PRAIRIE MN 55344
Robert Irish	director	17910-39TH PLACE NORTH, PLYMOUTH MN 55446
Daughton James Dr	director, 10 percent owner, officer: Chief Technology Officer
Richard George	officer: Chief Financial Officer
Wells Fargo & Company/mn	10 percent owner	420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Partners Itasca	10 percent owner	3600 IDS CENTER, 80 SOUTH EIGHT ST, MINNEAPOLIS MN 55402
Norwest Equity Partners Iv Lp /mn/	10 percent owner	3600 IDS CENTER 80 SOUTH EIGHTH STREET, MINNEAPOLIS MN 554026
Still George J Jr	10 percent owner	NORWEST VENTURE PARTNERS, 525 UNIVERSITY AVENUE, SUITE 800, PALO ALTO CA 94301