Northcoders Group (LSE:CODE) Days Sales Outstanding: 93.39 (As of Dec. 2025) — 137% Above Median

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LSE:CODE Northcoders Group PLC LSE:CODE
38 GF Score
Price £0.20
GF Value £0.95
Valuation Possible Value Trap
! 7 Warning Signs
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What is Northcoders Group Days Sales Outstanding?

Northcoders Group LSE:CODE 38 Days Sales Outstanding is 93.39 as of Dec. 2025, which is 137% above its 10-year median of 39.48. GuruFocus rates LSE:CODE with a GF Score™ of 38/100 and a GF Value™ of £0.95 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 248 Education companies, Northcoders Group ranks worse than 58.06% on this metric.

Northcoders Group's average Accounts Receivable for the six months ended in Dec. 2025 was £0.65 Mil. Northcoders Group's Revenue for the six months ended in Dec. 2025 was £1.28 Mil. Hence, Northcoders Group's Days Sales Outstanding for the six months ended in Dec. 2025 was 93.39.

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

LSE:CODE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.45   Med: 39.48   Max: 63.56
Current: 40.6

During the past 8 years, Northcoders Group's highest Days Sales Outstanding was 63.56. The lowest was 17.45. And the median was 39.48.

LSE:CODE's Days Sales Outstanding is ranked worse than
58.06% of 248 companies
in the Education industry
Industry Median: 34.5 vs LSE:CODE: 40.60

Northcoders Group's Days Sales Outstanding increased from Dec. 2024 (20.78) to Dec. 2025 (93.39).


Northcoders Group  (LSE:CODE) Days Sales Outstanding Explanation

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


Northcoders Group Days Sales Outstanding Related Terms


Northcoders Group Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Northcoders Group'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.

Northcoders Group Days Sales Outstanding Chart

Northcoders Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Sales Outstanding
Get a 7-Day Free Trial 47.23 40.84 30.40 17.45 38.12

Northcoders Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 30.63 24.60 20.78 23.89 93.39

LSE:CODE vs EDU, TAL, LAUR: Days Sales Outstanding Comparison

For the Education & Training Services subindustry, Northcoders Group'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.


Northcoders Group Days Sales Outstanding vs Education Industry

For the Education industry and Consumer Defensive sector, Northcoders Group's Days Sales Outstanding distribution charts can be found below:

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


LSE:CODE
38GF Score
Northcoders Group PLC LSE:CODE
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Northcoders Group 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.

Northcoders Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2025 is calculated as

Days Sales Outstanding (A: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (0.343 + 0.691) / 2 ) / 4.95*365
=0.517 / 4.95*365
=38.12

Northcoders Group's Days Sales Outstanding for the quarter that ended in Dec. 2025 is calculated as:

Days Sales Outstanding (Q: Dec. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Dec. 2025 )) / count ) / Revenue (A: Dec. 2025 )*Days in Period
=( (0.618 + 0.691) / 2 ) / 1.279*365 / 2
=0.6545 / 1.279*365 / 2
=93.39

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 93.39 mean?
Northcoders Group (LSE:CODE) has a Days Sales Outstanding of 93.39 as of Dec. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Northcoders Group and its competitors. This is 137% above median its historical median of 39.48. Over the past decade, Northcoders Group's Days Sales Outstanding has ranged from 17.45 to 63.56. According to the industry distribution chart, Northcoders Group ranks #144 out of 248 companies in the Education industry, placing it in the top 58.1%.
Is Northcoders Group's Days Sales Outstanding too high?
Northcoders Group's current Days Sales Outstanding of 93.39 is 137% above median its 10-year median of 39.48. Over the past 10 years, this metric has ranged from a low of 17.45 to a high of 63.56. The Education industry median Days Sales Outstanding is 34.50. Northcoders Group's value of 93.39 is 170.7% above this industry median. Based on the distribution chart, Northcoders Group ranks #144 out of 248 companies in the Education industry, which is below the industry midpoint. Overall, Northcoders Group has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Northcoders Group's Days Sales Outstanding compare to EDU and TAL?
According to the Education industry distribution chart, Northcoders Group ranks #144 out of 248 companies for Days Sales Outstanding. This places Northcoders Group in the lower half of its industry. The industry median Days Sales Outstanding is 34.50. Northcoders Group's value of 93.39 is 170.7% above this benchmark. Historically, Northcoders Group's own Days Sales Outstanding has ranged from 17.45 to 63.56 over the past decade. While the company's 10-year median is 39.48 vs. the industry median of 34.50, Northcoders Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for an Education company?
The median Days Sales Outstanding among Education companies is 34.50, based on 248 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Northcoders Group's current Days Sales Outstanding of 93.39 is 170.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Northcoders Group and its competitors. For the Education industry, the median Days Sales Outstanding is 34.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northcoders Group's current Days Sales Outstanding is 93.39, which is 137% above median its own 10-year median of 39.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northcoders Group stock overvalued right now?
Based on GuruFocus' analysis, Northcoders Group (LSE:CODE) is currently considered Possible Value Trap. The stock's GF Value™ is £0.95, compared to a current price of £0.20 — trading 79.5% below its estimated fair value. The current Days Sales Outstanding is 93.39, which is 137% above median its 10-year median of 39.48 and 170.7% above the Education industry median of 34.50. Northcoders Group's overall GF Score™ is 38/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Northcoders Group (LSE:CODE), the current Days Sales Outstanding is 93.39 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Northcoders Group (LSE:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, Northcoders Group stock appears to be undervalued. The current stock price of £0.20 is trading 79.5% below its estimated GF Value™ of £0.95. GuruFocus considers Northcoders Group to be Possible Value Trap.

Key valuation signals for LSE:CODE:

  • Days Sales Outstanding: 93.39 (137% above median its 10-year median of 39.48)
  • GF Value™: £0.95 vs. price of £0.20 (79.5% below fair value)
  • GF Score™: 38/100 with 7 warning signs
  • Industry Position: 170.7% above the Education median (#144 of 248)

No single metric tells the full story. See the LSE:CODE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Northcoders Group Business Description

Other Exchanges 5BN:Germany
Address No.1, Spinningfields, Cubo, Manchester, GBR, M3 3EB
Northcoders Group PLC is an independent provider of training programs for software coding. It offers a range of training and software development solutions to individual and corporate customers. Its offering includes bootcamp training courses, government-funded apprenticeships, bespoke training courses, and software development solutions.
38GF Score

Get the complete analysis for LSE:CODE

Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

£0.20
Price
£0.95
GF Value