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Nabaltec AG (FRA:NTG) Days Sales Outstanding : 8.02 (As of Sep. 2023)


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What is Nabaltec AG Days Sales Outstanding?

Nabaltec AG's average Accounts Receivable for the three months ended in Sep. 2023 was €4.5 Mil. Nabaltec AG's Revenue for the three months ended in Sep. 2023 was €50.9 Mil. Hence, Nabaltec AG's Days Sales Outstanding for the three months ended in Sep. 2023 was 8.02.

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

FRA:NTG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.77   Med: 10.29   Max: 12.05
Current: 11.26

During the past 13 years, Nabaltec AG's highest Days Sales Outstanding was 12.05. The lowest was 7.77. And the median was 10.29.

FRA:NTG's Days Sales Outstanding is ranked better than
96% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs FRA:NTG: 11.26

Nabaltec AG's Days Sales Outstanding declined from Sep. 2022 (13.85) to Sep. 2023 (8.02).

Nabaltec AG Days Sales Outstanding Historical Data

The historical data trend for Nabaltec AG'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.

Nabaltec AG Days Sales Outstanding Chart

Nabaltec AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.83 10.24 12.05 10.33 9.93

Nabaltec AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 13.85 15.34 10.36 9.39 8.02

Competitive Comparison of Nabaltec AG's Days Sales Outstanding

For the Specialty Chemicals subindustry, Nabaltec AG'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.

Nabaltec AG's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nabaltec AG's Days Sales Outstanding distribution charts can be found below:

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


Nabaltec AG 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.

Nabaltec AG's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (5.457 + 6.451) / 2 ) / 218.839*365
=5.954 / 218.839*365
=9.93

Nabaltec AG's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (3.59 + 5.357) / 2 ) / 50.913*365 / 4
=4.4735 / 50.913*365 / 4
=8.02

* 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.

Nabaltec AG  (FRA: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.

Nabaltec AG Days Sales Outstanding Related Terms

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Nabaltec AG (FRA:NTG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nabaltec AG (FRA:NTG) » Definitions » Days Sales Outstanding
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XTER:MZX XTER:UZU LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF XSWX:EMSN TSE:4612 ISX:TPIA TPE:1301
Traded in Other Exchanges
NTG:Germany
Address
Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421
Website
https://www.nabaltec.de
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.