Nosium AB (NGM:NOSIUM B) Days Sales Outstanding : 60.57 (As of Mar. 2024)

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What is Nosium AB Days Sales Outstanding?

Nosium AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr1.47 Mil. Nosium AB's Revenue for the three months ended in Mar. 2024 was kr2.21 Mil. Hence, Nosium AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.57.

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

NGM:NOSIUM B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.63 Med: 12.93 Max: 45.24
Current: 38.39

During the past 6 years, Nosium AB's highest Days Sales Outstanding was 45.24. The lowest was 10.63. And the median was 12.93.

NGM:NOSIUM B's Days Sales Outstanding is ranked better than
61.39% of 505 companies
in the Asset Management industry
Industry Median: 50.99 vs NGM:NOSIUM B: 38.39

Nosium AB's Days Sales Outstanding increased from Dec. 2022 (8.37) to Mar. 2024 (60.57).

Nosium AB Days Sales Outstanding Historical Data

The historical data trend for Nosium AB'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.

Nosium AB Days Sales Outstanding Chart

Nosium AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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25.06

11.97

10.63

12.55

13.30

Nosium AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															8.37	12.38	19.46	31.94	60.57

Competitive Comparison of Nosium AB's Days Sales Outstanding

For the Asset Management subindustry, Nosium AB'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.

Nosium AB's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nosium AB's Days Sales Outstanding distribution charts can be found below:

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

Nosium AB 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.

Nosium AB'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
=	( (0.824	+	0.304)	/	2 )	/	15.484	*	365
=	0.564					/	15.484	*	365
=	13.30

Nosium AB's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1.702	+	1.237)	/	2 )	/	2.214	*	365 / 4
=	1.4695					/	2.214	*	365 / 4
=	60.57

Nosium AB (NGM:NOSIUM B) Days Sales Outstanding Explanation

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

Nosium AB Days Sales Outstanding Related Terms

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Nosium AB (NGM:NOSIUM B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Nosium AB (NGM:NOSIUM B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Artillerigatan 6, Stockholm, SWE, 11451

Website

https://nosium.com

Nosium AB invests in companies with operations online, organic and sustainable. It owns, manages, and acquires shares in companies where it can increase growth and market value by implementing new digital strategies. Its investments are found in innovative tech platforms and product brands that target a health and sustainability-conscious target group.

Nosium AB (NGM:NOSIUM B) Headlines

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