NKT AS (OCSE:NKT) Days Sales Outstanding : 36.60 (As of Dec. 2024)

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What is NKT AS Days Sales Outstanding?

NKT AS's average Accounts Receivable for the three months ended in Dec. 2024 was kr2,662 Mil. NKT AS's Revenue for the three months ended in Dec. 2024 was kr6,637 Mil. Hence, NKT AS's Days Sales Outstanding for the three months ended in Dec. 2024 was 36.60.

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

OCSE:NKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.49 Med: 41.02 Max: 84.45
Current: 41.19

During the past 13 years, NKT AS's highest Days Sales Outstanding was 84.45. The lowest was 27.49. And the median was 41.02.

OCSE:NKT's Days Sales Outstanding is ranked better than
89.11% of 2967 companies
in the Industrial Products industry
Industry Median: 80.54 vs OCSE:NKT: 41.19

NKT AS's Days Sales Outstanding declined from Dec. 2023 (60.12) to Dec. 2024 (36.60).

NKT AS Days Sales Outstanding Historical Data

The historical data trend for NKT AS'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.

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NKT AS Days Sales Outstanding Chart

NKT AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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37.66

37.33

36.97

31.45

27.49

NKT AS Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															60.12	42.25	50.44	49.43	36.60

Competitive Comparison of NKT AS's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, NKT AS'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.

NKT AS's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NKT AS's Days Sales Outstanding distribution charts can be found below:

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

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NKT AS 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.

NKT AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1744.104	+	1909.17)	/	2 )	/	24252.428	*	365
=	1826.637					/	24252.428	*	365
=	27.49

NKT AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (3414.921	+	1909.17)	/	2 )	/	6637.35	*	365 / 4
=	2662.0455					/	6637.35	*	365 / 4
=	36.60

NKT AS (OCSE:NKT) Days Sales Outstanding Explanation

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

NKT AS Days Sales Outstanding Related Terms

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NKT AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NKT AS (OCSE:NKT) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

NKTc:UK 0MGC:UK NKT:Germany

Address

Vibeholms Alle 20, Broendby, DNK, 2605

Website

https://www.nkt.com

NKT A/S is a Denmark-based provider of cable technology. The company, along with its subsidiaries, operates in the following segments; Solutions, Applications, and Service & Accessories. Maximum revenue is generated from the Solutions segment which caters to the high-voltage power cable market and is involved in the manufacturing and installation of high-voltage cables and products for onshore power transmission and distribution, power-from-shore, cable projects, offshore wind connections, and other projects. This segment also owns and operates a cable-laying vessel, NKT Victoria. Geographically, the company generates maximum revenue from Germany followed by the United States of America, the United Kingdom, Poland, Norway, Denmark, and other regions.

NKT AS Headlines

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