Nordhealth AS (OSL:NORDH) Days Sales Outstanding : 40.72 (As of Mar. 2025)

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What is Nordhealth AS Days Sales Outstanding?

Nordhealth AS's average Accounts Receivable for the three months ended in Mar. 2025 was kr64.3 Mil. Nordhealth AS's Revenue for the three months ended in Mar. 2025 was kr144.1 Mil. Hence, Nordhealth AS's Days Sales Outstanding for the three months ended in Mar. 2025 was 40.72.

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

OSL:NORDH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.67 Med: 37.58 Max: 43.83
Current: 43.83

During the past 5 years, Nordhealth AS's highest Days Sales Outstanding was 43.83. The lowest was 32.67. And the median was 37.58.

OSL:NORDH's Days Sales Outstanding is ranked better than
52.73% of 660 companies
in the Healthcare Providers & Services industry
Industry Median: 47.405 vs OSL:NORDH: 43.83

Nordhealth AS's Days Sales Outstanding declined from Mar. 2024 (50.16) to Mar. 2025 (40.72).

Nordhealth AS Days Sales Outstanding Historical Data

The historical data trend for Nordhealth 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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Nordhealth AS Days Sales Outstanding Chart

Nordhealth AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

33.12

32.67

37.58

42.46

42.24

Nordhealth AS Quarterly Data
	Sep20	Dec20	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial													50.16	46.56	46.25	42.34	40.72

Competitive Comparison of Nordhealth AS's Days Sales Outstanding

For the Health Information Services subindustry, Nordhealth 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.

Nordhealth AS's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nordhealth AS's Days Sales Outstanding distribution charts can be found below:

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

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Nordhealth 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.

Nordhealth 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
=	( (56.325	+	67.886)	/	2 )	/	536.641	*	365
=	62.1055					/	536.641	*	365
=	42.24

Nordhealth AS's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (67.886	+	60.721)	/	2 )	/	144.081	*	365 / 4
=	64.3035					/	144.081	*	365 / 4
=	40.72

Nordhealth AS (OSL:NORDH) Days Sales Outstanding Explanation

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

Nordhealth AS Days Sales Outstanding Related Terms

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Nordhealth AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nordhealth AS (OSL:NORDH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6E5:Germany

Address

Strandveien 50, Lysaker, Oslo, NOR, 1366

Website

https://www.nordhealth.com

Nordhealth AS is a cloud-based healthcare Software-as-a-Service business. Its flagship products are Provet Cloud and EasyPractice, both cloud-based Practice Management Software for veterinarians and therapists, respectively. It builds software that empowers healthcare professionals to improve patient care, increase efficiency and expand their business. The company has two operating segments namely: Veterinary and Therapy. It operates geographically in Norway, which derives maximum revenue, Finland, Sweden, Denmark, Germany and Other countries.

Nordhealth AS Headlines

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