Novavest Real Estate AG (XSWX:NREN) Days Sales Outstanding : 57.24 (As of Dec. 2024)

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What is Novavest Real Estate AG Days Sales Outstanding?

Novavest Real Estate AG's average Accounts Receivable for the six months ended in Dec. 2024 was CHF6.58 Mil. Novavest Real Estate AG's Revenue for the six months ended in Dec. 2024 was CHF20.97 Mil. Hence, Novavest Real Estate AG's Days Sales Outstanding for the six months ended in Dec. 2024 was 57.24.

The historical rank and industry rank for Novavest Real Estate AG's Days Sales Outstanding or its related term are showing as below:

XSWX:NREN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.06 Med: 51.96 Max: 67.12
Current: 63.65

During the past 12 years, Novavest Real Estate AG's highest Days Sales Outstanding was 67.12. The lowest was 18.06. And the median was 51.96.

XSWX:NREN's Days Sales Outstanding is ranked worse than
64.48% of 1650 companies
in the Real Estate industry
Industry Median: 35.26 vs XSWX:NREN: 63.65

Novavest Real Estate AG's Days Sales Outstanding declined from Dec. 2023 (75.62) to Dec. 2024 (57.24).

Novavest Real Estate AG Days Sales Outstanding Historical Data

The historical data trend for Novavest Real Estate AG'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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Novavest Real Estate AG Days Sales Outstanding Chart

Novavest Real Estate AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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58.24

63.68

62.72

67.12

60.92

Novavest Real Estate AG Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															59.47	69.19	75.62	75.78	57.24

Competitive Comparison of Novavest Real Estate AG's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Novavest Real Estate AG'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.

Novavest Real Estate AG's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Novavest Real Estate AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Novavest Real Estate AG's Days Sales Outstanding falls into.

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Novavest Real Estate AG 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.

Novavest Real Estate AG'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
=	( (5.729	+	6.322)	/	2 )	/	36.101	*	365
=	6.0255					/	36.101	*	365
=	60.92

Novavest Real Estate AG'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: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (6.834	+	6.322)	/	2 )	/	20.972	*	365 / 2
=	6.578					/	20.972	*	365 / 2
=	57.24

Novavest Real Estate AG (XSWX:NREN) Days Sales Outstanding Explanation

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

Novavest Real Estate AG Days Sales Outstanding Related Terms

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Novavest Real Estate AG Business Description

Industry

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NRENz:UK

Address

Feldeggstrasse 26, Zurich, CHE, 8008

Website

https://www.novavest.ch

Novavest Real Estate AG is a Swiss real estate company. It is engaged in construction, acquisition, sale, holding, conversion and management of all types of real estate in theSwitzerland. The company manages and develops properties for residential use, office and commercial use as well as on new construction projects.

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