Nordic Group (SGX:MR7) Days Sales Outstanding : 105.51 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Nordic Group Days Sales Outstanding?

Nordic Group's average Accounts Receivable for the six months ended in Dec. 2023 was S$41.2 Mil. Nordic Group's Revenue for the six months ended in Dec. 2023 was S$71.2 Mil. Hence, Nordic Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 105.51.

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

SGX:MR7' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.33 Med: 82.56 Max: 101.13
Current: 92.21

During the past 13 years, Nordic Group's highest Days Sales Outstanding was 101.13. The lowest was 68.33. And the median was 82.56.

SGX:MR7's Days Sales Outstanding is ranked worse than
61.82% of 1645 companies
in the Construction industry
Industry Median: 72.65 vs SGX:MR7: 92.21

Nordic Group's Days Sales Outstanding increased from Dec. 2022 (81.66) to Dec. 2023 (105.51).

Nordic Group Days Sales Outstanding Historical Data

The historical data trend for Nordic Group'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.

Nordic Group Days Sales Outstanding Chart

Nordic Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

99.86

101.13

80.74

71.40

96.17

Nordic Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															77.59	67.69	81.66	78.06	105.51

Competitive Comparison of Nordic Group's Days Sales Outstanding

For the Engineering & Construction subindustry, Nordic Group'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.

Nordic Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Nordic Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nordic Group's Days Sales Outstanding falls into.

Nordic Group 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.

Nordic Group'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
=	( (39.389	+	45.26)	/	2 )	/	160.644	*	365
=	42.3245					/	160.644	*	365
=	96.17

Nordic Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (37.103	+	45.26)	/	2 )	/	71.231	*	365 / 2
=	41.1815					/	71.231	*	365 / 2
=	105.51

Nordic Group (SGX:MR7) Days Sales Outstanding Explanation

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

Nordic Group Days Sales Outstanding Related Terms

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

Nordic Group (SGX:MR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Nordic Group Ltd (SGX:MR7) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Tuas Avenue 10, Singapore, SGP, 639126

Website

https://www.nordicgrouplimited.com

Nordic Group Ltd is an investment holding company. Its operating business segments include Project Services, Maintenance Services, and Others. The company generates maximum revenue from the Maintenance services segment. Its Maintenance Services segment includes maintenance and repair services, trading and supply of material, spare parts and components. The Project services segment includes projects that require engineering, procurement, design, construction, machining, scaffolding works, insulation services, and passive fireproofing services. Geographically, Singapore derives the vast majority of its revenue.

Nordic Group (SGX:MR7) Headlines

No Headlines