Novra Technologies (TSXV:NVI) Days Sales Outstanding : 32.77 (As of Dec. 2024)

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What is Novra Technologies Days Sales Outstanding?

Novra Technologies's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.53 Mil. Novra Technologies's Revenue for the three months ended in Dec. 2024 was C$1.48 Mil. Hence, Novra Technologies's Days Sales Outstanding for the three months ended in Dec. 2024 was 32.77.

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

TSXV:NVI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.93 Med: 49.38 Max: 128.22
Current: 47.05

During the past 13 years, Novra Technologies's highest Days Sales Outstanding was 128.22. The lowest was 34.93. And the median was 49.38.

TSXV:NVI's Days Sales Outstanding is ranked better than
80.67% of 2426 companies
in the Hardware industry
Industry Median: 75.2 vs TSXV:NVI: 47.05

Novra Technologies's Days Sales Outstanding increased from Dec. 2023 (25.21) to Dec. 2024 (32.77).

Novra Technologies Days Sales Outstanding Historical Data

The historical data trend for Novra Technologies'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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Novra Technologies Days Sales Outstanding Chart

Novra Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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55.90

46.51

42.49

34.93

52.24

Novra Technologies Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															25.21	68.54	31.09	73.14	32.77

Competitive Comparison of Novra Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Novra Technologies'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.

Novra Technologies's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Novra Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Novra Technologies's Days Sales Outstanding falls into.

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Novra Technologies 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.

Novra Technologies'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
=	( (0.754	+	0.383)	/	2 )	/	3.972	*	365
=	0.5685					/	3.972	*	365
=	52.24

Novra Technologies'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
=	( (0.683	+	0.383)	/	2 )	/	1.484	*	365 / 4
=	0.533					/	1.484	*	365 / 4
=	32.77

Novra Technologies (TSXV:NVI) Days Sales Outstanding Explanation

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

Novra Technologies Days Sales Outstanding Related Terms

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Novra Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novra Technologies Inc (TSXV:NVI) » Definitions » Days Sales Outstanding

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NVRVF:USA

Address

210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2

Website

https://www.novra.com

Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA, and APAC.

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