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NN (NNBR) Days Sales Outstanding : 53.53 (As of Sep. 2024)


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What is NN Days Sales Outstanding?

NN's average Accounts Receivable for the three months ended in Sep. 2024 was $66.6 Mil. NN's Revenue for the three months ended in Sep. 2024 was $113.6 Mil. Hence, NN's Days Sales Outstanding for the three months ended in Sep. 2024 was 53.53.

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

NNBR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.1   Med: 63.58   Max: 99.26
Current: 53.38

During the past 13 years, NN's highest Days Sales Outstanding was 99.26. The lowest was 52.10. And the median was 63.58.

NNBR's Days Sales Outstanding is ranked better than
54.81% of 520 companies
in the Conglomerates industry
Industry Median: 59.11 vs NNBR: 53.38

NN's Days Sales Outstanding declined from Sep. 2023 (55.92) to Sep. 2024 (53.53).


NN Days Sales Outstanding Historical Data

The historical data trend for NN'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.

NN Days Sales Outstanding Chart

NN 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 80.78 71.65 59.63 53.26 52.10

NN Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 55.92 56.26 51.73 52.19 53.53

Competitive Comparison of NN's Days Sales Outstanding

For the Conglomerates subindustry, NN'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.


NN's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, NN's Days Sales Outstanding distribution charts can be found below:

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



NN 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.

NN'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
=( (74.129 + 65.545) / 2 ) / 489.27*365
=69.837 / 489.27*365
=52.10

NN's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (68.832 + 64.447) / 2 ) / 113.587*365 / 4
=66.6395 / 113.587*365 / 4
=53.53

* 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.


NN  (NAS:NNBR) Days Sales Outstanding Explanation

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


NN Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of NN's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


NN Business Description

Industry
Traded in Other Exchanges
Address
6210 Ardrey Kell Road, Suite 600, Charlotte, NC, USA, 28277
NN Inc is a diversified industrial company that combines engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision solutions and components. It operates in two business segments: mobile solutions and power solutions. The mobile solutions segment involves growth in the general industrial and automotive end markets. Its power solutions segment involves growth in the electrical and aerospace and defense end markets. It also operates in China, Mexico, Brazil, Germany, and other countries.
Executives
Raynard D. Benvenuti director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Jeri J Harman director
Christina Carroll director 16529 ADLON ROAD, ENCINO CA 91436
Joao V Faria director 1000 EATON BLVD., CLEVELAND OH 44122
Rajeev Gautam director C/O HONEYWELL, 300 S. TRYON STREET, CHARLOTTE NC 28202
Timothy M. French officer: Chief Operating Officer 6210 ARDREY KELL ROAD, SUITE 600, CHARLOTTE NC 28277
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
Harold C Bevis officer: President and CEO 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Wilson Thomas Hampton Jr. director PO BOX 807, 663 HWY 60, MONETT MO 65708
Shihab A. Kuran director 6210 ARDREY KELL ROAD, CHARLOTTE NC 28277
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Warren A Veltman officer: SVP/GM Autocam Precision Comp. 2000 WATERS EDGE DRIVE, BUILDING C, SUITE 12, JOHNSON CITY TN 37604
Felcher, Jr. Michael C. officer: See Remarks 6210 ARDREY KELL ROAD, SUITE 600, CHARLOTTE NC 28277
Eric Hjalmar Soderlund 10 percent owner 12 EAST 49TH STREET 40TH FLOOR, NEW YORK NY 10017
Corre Partners Advisors Llc 10 percent owner 12 EAST 49TH STREET 40TH FLOOR, NEW YORK NY 10017