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Nordrest Holding AB (OSTO:NREST) Days Sales Outstanding : 24.78 (As of Dec. 2024)


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What is Nordrest Holding AB Days Sales Outstanding?

Nordrest Holding AB's average Accounts Receivable for the three months ended in Dec. 2024 was kr145 Mil. Nordrest Holding AB's Revenue for the three months ended in Dec. 2024 was kr534 Mil. Hence, Nordrest Holding AB's Days Sales Outstanding for the three months ended in Dec. 2024 was 24.78.

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

OSTO:NREST' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.05   Med: 25.48   Max: 42.91
Current: 27.96

During the past 4 years, Nordrest Holding AB's highest Days Sales Outstanding was 42.91. The lowest was 24.05. And the median was 25.48.

OSTO:NREST's Days Sales Outstanding is ranked worse than
82.95% of 352 companies
in the Restaurants industry
Industry Median: 12.14 vs OSTO:NREST: 27.96

Nordrest Holding AB's Days Sales Outstanding increased from Dec. 2023 (23.05) to Dec. 2024 (24.78).


Nordrest Holding AB Days Sales Outstanding Historical Data

The historical data trend for Nordrest Holding AB'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.

Nordrest Holding AB Days Sales Outstanding Chart

Nordrest Holding AB Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
42.91 25.19 24.05 25.76

Nordrest Holding AB Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.05 27.12 30.38 32.79 24.78

Competitive Comparison of Nordrest Holding AB's Days Sales Outstanding

For the Restaurants subindustry, Nordrest Holding AB'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.


Nordrest Holding AB's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Nordrest Holding AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nordrest Holding AB's Days Sales Outstanding falls into.


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Nordrest Holding AB 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.

Nordrest Holding AB'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
=( (124.272 + 144.947) / 2 ) / 1907.533*365
=134.6095 / 1907.533*365
=25.76

Nordrest Holding AB'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
=( (145.208 + 144.947) / 2 ) / 534.268*365 / 4
=145.0775 / 534.268*365 / 4
=24.78

* 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.


Nordrest Holding AB  (OSTO:NREST) Days Sales Outstanding Explanation

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


Nordrest Holding AB Days Sales Outstanding Related Terms

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Nordrest Holding AB Business Description

Traded in Other Exchanges
N/A
Address
Evenemangsgatan 31, Solna, NOR, 16979
Nordrest Holding AB is a restaurant group with a focus on natural guest flows and contract-based meal solutions. Its offer includes meal solutions adapted to each customer's needs and ready-made brand concepts such as Taste by Nordrest, Togo by Nordrest, Pocket by Nordrest, La Girafe, Dinners and Way Cup. The company operates within the customer groups Defence, Companies, Schools, Colleges & Universities, Hospitals & Elderly Care and Travel.

Nordrest Holding AB Headlines

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