Nordex SE (XTER:NDX1) Days Sales Outstanding : 8.67 (As of Dec. 2023)

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What is Nordex SE Days Sales Outstanding?

Nordex SE's average Accounts Receivable for the three months ended in Dec. 2023 was €191 Mil. Nordex SE's Revenue for the three months ended in Dec. 2023 was €2,012 Mil. Hence, Nordex SE's Days Sales Outstanding for the three months ended in Dec. 2023 was 8.67.

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

XTER:NDX1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.32 Med: 12.06 Max: 25.61
Current: 9.32

During the past 13 years, Nordex SE's highest Days Sales Outstanding was 25.61. The lowest was 9.32. And the median was 12.06.

XTER:NDX1's Days Sales Outstanding is ranked better than
99.02% of 2957 companies
in the Industrial Products industry
Industry Median: 79.33 vs XTER:NDX1: 9.32

Nordex SE's Days Sales Outstanding increased from Dec. 2022 (7.63) to Dec. 2023 (8.67).

Nordex SE Days Sales Outstanding Historical Data

The historical data trend for Nordex SE'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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Nordex SE Days Sales Outstanding Chart

Nordex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.18

9.81

9.53

10.66

10.32

Nordex SE Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															7.63	11.81	8.20	8.38	8.67

Competitive Comparison of Nordex SE's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Nordex SE'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.

Nordex SE's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordex SE's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nordex SE's Days Sales Outstanding falls into.

Nordex SE 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.

Nordex SE'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
=	( (169.906	+	197.102)	/	2 )	/	6489.068	*	365
=	183.504					/	6489.068	*	365
=	10.32

Nordex SE'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (185.441	+	197.102)	/	2 )	/	2012.239	*	365 / 4
=	191.2715					/	2012.239	*	365 / 4
=	8.67

Nordex SE (XTER:NDX1) Days Sales Outstanding Explanation

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

Nordex SE Days Sales Outstanding Related Terms

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Nordex SE (XTER:NDX1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (XTER:NDX1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NRXXY:USA NRDXF:USA 1NDX:Italy NDX1d:UK 0MEC:UK NDX1:Austria

Address

Langenhorner Chaussee 600, Hamburg, DEU, 22419

Website

https://www.nordex-online.com

Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.

Executives

José Luis Blanco Diéguez	Board of Directors
Patxi Landa Esparza	Board of Directors

Nordex SE (XTER:NDX1) Headlines

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