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NTG Nordic Transport Group A/S (OCSE:NTG) Days Sales Outstanding : 55.54 (As of Dec. 2023)


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What is NTG Nordic Transport Group A/S Days Sales Outstanding?

NTG Nordic Transport Group A/S's average Accounts Receivable for the three months ended in Dec. 2023 was kr1,218 Mil. NTG Nordic Transport Group A/S's Revenue for the three months ended in Dec. 2023 was kr2,001 Mil. Hence, NTG Nordic Transport Group A/S's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.54.

The historical rank and industry rank for NTG Nordic Transport Group A/S's Days Sales Outstanding or its related term are showing as below:

OCSE:NTG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.14   Med: 52.99   Max: 58.98
Current: 57.39

During the past 13 years, NTG Nordic Transport Group A/S's highest Days Sales Outstanding was 58.98. The lowest was 47.14. And the median was 52.99.

OCSE:NTG's Days Sales Outstanding is ranked worse than
62.42% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs OCSE:NTG: 57.39

NTG Nordic Transport Group A/S's Days Sales Outstanding declined from Dec. 2022 (59.73) to Dec. 2023 (55.54).


NTG Nordic Transport Group A/S Days Sales Outstanding Historical Data

The historical data trend for NTG Nordic Transport Group A/S'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.

NTG Nordic Transport Group A/S Days Sales Outstanding Chart

NTG Nordic Transport Group A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.30 54.67 50.95 47.14 55.70

NTG Nordic Transport Group A/S 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 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 59.73 56.70 57.87 61.34 55.54

Competitive Comparison of NTG Nordic Transport Group A/S's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, NTG Nordic Transport Group A/S'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.


NTG Nordic Transport Group A/S's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, NTG Nordic Transport Group A/S's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where NTG Nordic Transport Group A/S's Days Sales Outstanding falls into.



NTG Nordic Transport Group A/S 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.

NTG Nordic Transport Group A/S'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
=( (1430 + 1115) / 2 ) / 8338*365
=1272.5 / 8338*365
=55.70

NTG Nordic Transport Group A/S'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
=( (1321 + 1115) / 2 ) / 2001*365 / 4
=1218 / 2001*365 / 4
=55.54

* 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.


NTG Nordic Transport Group A/S  (OCSE:NTG) Days Sales Outstanding Explanation

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


NTG Nordic Transport Group A/S Days Sales Outstanding Related Terms

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NTG Nordic Transport Group A/S (OCSE:NTG) Business Description

Traded in Other Exchanges
Address
Hammerholmen 47-49, Hvidovre, DNK, DK-2650
NTG Nordic Transport Group A/S is a Denmark-based transport company. It offers the full range of freight forwarding services and end-to-end solutions within Air and Ocean and Road and Logistics fuelled by people power and technology. Business segments of the company include Road and Logistics and Air and Ocean. The majority of revenue is earned through Road and Logistics segment. The revenues are earned in Denmark, Sweden, the USA, Germany, Finland and other countries with the majority of the revenue earned in Denmark.