Nurminen Logistics Oyj (OHEL:NLG1V) Days Sales Outstanding : 29.45 (As of Dec. 2023)

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What is Nurminen Logistics Oyj Days Sales Outstanding?

Nurminen Logistics Oyj's average Accounts Receivable for the six months ended in Dec. 2023 was €11.5 Mil. Nurminen Logistics Oyj's Revenue for the six months ended in Dec. 2023 was €71.2 Mil. Hence, Nurminen Logistics Oyj's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.45.

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

OHEL:NLG1V' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.91 Med: 33.18 Max: 41.09
Current: 28.58

During the past 13 years, Nurminen Logistics Oyj's highest Days Sales Outstanding was 41.09. The lowest was 22.91. And the median was 33.18.

OHEL:NLG1V's Days Sales Outstanding is ranked better than
72.94% of 961 companies
in the Transportation industry
Industry Median: 46.08 vs OHEL:NLG1V: 28.58

Nurminen Logistics Oyj's Days Sales Outstanding declined from Dec. 2022 (50.51) to Dec. 2023 (29.45).

Nurminen Logistics Oyj Days Sales Outstanding Historical Data

The historical data trend for Nurminen Logistics Oyj'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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Nurminen Logistics Oyj Days Sales Outstanding Chart

Nurminen Logistics Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

34.19

29.89

26.98

31.52

22.91

Nurminen Logistics Oyj 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															35.04	44.70	50.51	33.87	29.45

Competitive Comparison of Nurminen Logistics Oyj's Days Sales Outstanding

For the Railroads subindustry, Nurminen Logistics Oyj'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.

Nurminen Logistics Oyj's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Nurminen Logistics Oyj's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nurminen Logistics Oyj's Days Sales Outstanding falls into.

Nurminen Logistics Oyj 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.

Nurminen Logistics Oyj'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
=	( (7.06	+	9.005)	/	2 )	/	127.951	*	365
=	8.0325					/	127.951	*	365
=	22.91

Nurminen Logistics Oyj'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
=	( (13.991	+	9.005)	/	2 )	/	71.244	*	365 / 2
=	11.498					/	71.244	*	365 / 2
=	29.45

Nurminen Logistics Oyj (OHEL:NLG1V) Days Sales Outstanding Explanation

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

Nurminen Logistics Oyj Days Sales Outstanding Related Terms

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Nurminen Logistics Oyj (OHEL:NLG1V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nurminen Logistics Oyj (OHEL:NLG1V) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8I4:Germany

Address

Satamakaari 24, Helsinki, FIN, 00980

Website

https://www.nurminenlogistics.com

Nurminen Logistics Oyj is engaged in the provision of logistics services. The company offers high-quality rail transport, terminal, and multimodal solutions between Asia and Europe and in the Nordic and Baltic countries. The company's revenue consists mainly of forwarding services, railway transport and terminal services. The company also receives income from short-term and long-term warehousing services. Geographically, it derives most of its revenue from Baltic countries and has a presence in Russia.

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