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Nikola (Nikola) Days Sales Outstanding : 113.47 (As of Dec. 2023)


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What is Nikola Days Sales Outstanding?

Nikola's average Accounts Receivable for the three months ended in Dec. 2023 was $14.34 Mil. Nikola's Revenue for the three months ended in Dec. 2023 was $11.53 Mil. Hence, Nikola's Days Sales Outstanding for the three months ended in Dec. 2023 was 113.47.

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

NKLA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 217.11   Med: 375.46   Max: 2528.11
Current: 217.11

During the past 6 years, Nikola's highest Days Sales Outstanding was 2528.11. The lowest was 217.11. And the median was 375.46.

NKLA's Days Sales Outstanding is ranked worse than
90.38% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs NKLA: 217.11

Nikola's Days Sales Outstanding declined from Dec. 2022 (578.77) to Dec. 2023 (113.47).


Nikola Days Sales Outstanding Historical Data

The historical data trend for Nikola'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.

* Premium members only.

Nikola Days Sales Outstanding Chart

Nikola Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 498.28 2,528.11 - 232.23 252.64

Nikola Quarterly Data
Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 578.77 243.04 141.31 - 113.47

Competitive Comparison of Nikola's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Nikola'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.


Nikola's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikola's Days Sales Outstanding distribution charts can be found below:

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



Nikola 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.

Nikola'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
=( (31.638 + 17.974) / 2 ) / 35.839*365
=24.806 / 35.839*365
=252.64

Nikola'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
=( (10.707 + 17.974) / 2 ) / 11.532*365 / 4
=14.3405 / 11.532*365 / 4
=113.47

* 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.


Nikola  (NAS:NKLA) Days Sales Outstanding Explanation

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


Nikola Days Sales Outstanding Related Terms

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Nikola (Nikola) Business Description

Address
4141 East Broadway Road, Phoenix, AZ, USA, 85040
Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.
Executives
Joseph S. Cappello officer: President of Energy 13001 BAY PARK ROAD, PASADENA TX 77507
Anastasiya Pasterick officer: Chief Financial Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
John C Vesco director 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Carey Mendes officer: President, Energy 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Michael Lohscheller officer: President, Nikola Motor Div. 4141 E BROADWAY ROAD, PHONEIX AZ 85040
Joseph R. Pike officer: Chief Human Resources Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Britton M. Worthen officer: Chief Legal Officer 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Mark A Russell director, 10 percent owner, officer: President and CEO 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085
Andrew Vesey director 4300 WILSON BOULEVARD, ARLINGTON VA 22203
Trevor R. Milton director, 10 percent owner, officer: Executive Chairman 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Lynn Forester director C/O ESTEE LAUDER COMPANIES INC, 767 FIFTH AVENUE, NEW YORK NY 10153
Pablo M. Koziner officer: President, Nikola Energy 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Mary L Petrovich director
Bruce L. Smith director 4141 E BROADWAY ROAD, PHOENIX AZ 85040
Jeffrey W Ubben director 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129

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