Norwegian Air Shuttle ASA (OSL:NAS) Days Sales Outstanding : 54.29 (As of Mar. 2024)

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What is Norwegian Air Shuttle ASA Days Sales Outstanding?

Norwegian Air Shuttle ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr3,655 Mil. Norwegian Air Shuttle ASA's Revenue for the three months ended in Mar. 2024 was kr6,144 Mil. Hence, Norwegian Air Shuttle ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.29.

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

OSL:NAS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.14 Med: 42.71 Max: 295.19
Current: 52.09

During the past 13 years, Norwegian Air Shuttle ASA's highest Days Sales Outstanding was 295.19. The lowest was 32.14. And the median was 42.71.

OSL:NAS's Days Sales Outstanding is ranked worse than
57.5% of 967 companies
in the Transportation industry
Industry Median: 45.87 vs OSL:NAS: 52.09

Norwegian Air Shuttle ASA's Days Sales Outstanding declined from Mar. 2023 (69.10) to Mar. 2024 (54.29).

Norwegian Air Shuttle ASA Days Sales Outstanding Historical Data

The historical data trend for Norwegian Air Shuttle ASA'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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Norwegian Air Shuttle ASA Days Sales Outstanding Chart

Norwegian Air Shuttle ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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70.81

295.19

242.42

41.95

32.14

Norwegian Air Shuttle ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															69.10	54.16	44.85	51.03	54.29

Competitive Comparison of Norwegian Air Shuttle ASA's Days Sales Outstanding

For the Airlines subindustry, Norwegian Air Shuttle ASA'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.

Norwegian Air Shuttle ASA's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Norwegian Air Shuttle ASA's Days Sales Outstanding falls into.

Norwegian Air Shuttle ASA 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.

Norwegian Air Shuttle ASA'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
=	( (2184.8	+	2313.1)	/	2 )	/	25539.3	*	365
=	2248.95					/	25539.3	*	365
=	32.14

Norwegian Air Shuttle ASA'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2313.1	+	4997.7)	/	2 )	/	6144.4	*	365 / 4
=	3655.4					/	6144.4	*	365 / 4
=	54.29

Norwegian Air Shuttle ASA (OSL:NAS) Days Sales Outstanding Explanation

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

Norwegian Air Shuttle ASA Days Sales Outstanding Related Terms

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Norwegian Air Shuttle ASA (OSL:NAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norwegian Air Shuttle ASA (OSL:NAS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NWARF:USA NASo:Sweden NASo:UK 0FGH:UK NWC:Germany

Address

Oksenoyveien 3, Fornebu, P.O. Box 113, Lysaker, NOR, NO-1366

Website

https://www.norwegian.com

Norwegian Air Shuttle ASA operates a short-haul network across the Nordics and to key European destinations. The group provides its customers with excellent quality at affordable fares with a network of more than 300 routes. The group has one operating segment, which is low-cost air passenger travel. Norwegian believes in affordable fares for all and offers quality flights at a low fare based on operational excellence and helpful, friendly service.

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