Norse Atlantic ASA (OSL:NORSE) Days Sales Outstanding : 8.19 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Norse Atlantic ASA Days Sales Outstanding?

Norse Atlantic ASA's average Accounts Receivable for the three months ended in Mar. 2024 was kr75 Mil. Norse Atlantic ASA's Revenue for the three months ended in Mar. 2024 was kr830 Mil. Hence, Norse Atlantic ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.19.

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

OSL:NORSE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.01 Med: 5.03 Max: 7.04
Current: 5.14

During the past 3 years, Norse Atlantic ASA's highest Days Sales Outstanding was 7.04. The lowest was 3.01. And the median was 5.03.

OSL:NORSE's Days Sales Outstanding is ranked better than
96.45% of 958 companies
in the Transportation industry
Industry Median: 46.05 vs OSL:NORSE: 5.14

Norse Atlantic ASA's Days Sales Outstanding stayed the same from Mar. 2023 (8.19) to Mar. 2024 (8.19).

Norse Atlantic ASA Days Sales Outstanding Historical Data

The historical data trend for Norse Atlantic 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.

* Premium members only.

Norse Atlantic ASA Days Sales Outstanding Chart

Norse Atlantic ASA Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

7.04

3.01

Norse Atlantic ASA Quarterly Data
	Feb20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						8.19	2.83	3.50	8.51	8.19

Competitive Comparison of Norse Atlantic ASA's Days Sales Outstanding

For the Airlines subindustry, Norse Atlantic 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.

Norse Atlantic ASA's Days Sales Outstanding Distribution in the Transportation Industry

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

* The bar in red indicates where Norse Atlantic ASA's Days Sales Outstanding falls into.

Norse Atlantic 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.

Norse Atlantic 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
=	( (33.365	+	43.179)	/	2 )	/	4635.797	*	365
=	38.272					/	4635.797	*	365
=	3.01

Norse Atlantic 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
=	( (43.179	+	105.888)	/	2 )	/	830.301	*	365 / 4
=	74.5335					/	830.301	*	365 / 4
=	8.19

Norse Atlantic ASA (OSL:NORSE) Days Sales Outstanding Explanation

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

Norse Atlantic ASA Days Sales Outstanding Related Terms

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

Norse Atlantic ASA (OSL:NORSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Norse Atlantic ASA (OSL:NORSE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NRSAF:USA 9LG0:Germany

Address

Floyveien 14, Arendal, NOR, 4838

Website

https://www.flynorse.com

Norse Atlantic ASA is a new innovative airline serving the low-cost, intercontinental market between popular European and The USA destinations with a fleet of modern, fuel-efficient, and more environmentally friendly Boeing 787 Dreamliners. Geographically, the company operates in Norway. United Kingdom, Europe, The USA and Other.

Norse Atlantic ASA (OSL:NORSE) Headlines

No Headlines