Relevance Communication Nordic (NGM:RLVNC) Days Sales Outstanding : 103.20 (As of Dec. 2023)

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What is Relevance Communication Nordic Days Sales Outstanding?

Relevance Communication Nordic's average Accounts Receivable for the three months ended in Dec. 2023 was kr2.69 Mil. Relevance Communication Nordic's Revenue for the three months ended in Dec. 2023 was kr2.38 Mil. Hence, Relevance Communication Nordic's Days Sales Outstanding for the three months ended in Dec. 2023 was 103.20.

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

NGM:RLVNC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.59 Med: 34.28 Max: 155.98
Current: 94.12

During the past 8 years, Relevance Communication Nordic's highest Days Sales Outstanding was 155.98. The lowest was 22.59. And the median was 34.28.

NGM:RLVNC's Days Sales Outstanding is ranked worse than
68.26% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.28 vs NGM:RLVNC: 94.12

Relevance Communication Nordic's Days Sales Outstanding increased from Dec. 2022 (61.87) to Dec. 2023 (103.20).

Relevance Communication Nordic Days Sales Outstanding Historical Data

The historical data trend for Relevance Communication Nordic'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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Relevance Communication Nordic Days Sales Outstanding Chart

Relevance Communication Nordic Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.51

22.59

53.81

73.00

155.98

Relevance Communication Nordic 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															61.87	96.21	57.30	46.23	103.20

Competitive Comparison of Relevance Communication Nordic's Days Sales Outstanding

For the Publishing subindustry, Relevance Communication Nordic'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.

Relevance Communication Nordic's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Relevance Communication Nordic's Days Sales Outstanding distribution charts can be found below:

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

Relevance Communication Nordic 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.

Relevance Communication Nordic'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
=	( (2.109	+	4.314)	/	2 )	/	7.515	*	365
=	3.2115					/	7.515	*	365
=	155.98

Relevance Communication Nordic'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
=	( (1.074	+	4.314)	/	2 )	/	2.382	*	365 / 4
=	2.694					/	2.382	*	365 / 4
=	103.20

Relevance Communication Nordic (NGM:RLVNC) Days Sales Outstanding Explanation

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

Relevance Communication Nordic Days Sales Outstanding Related Terms

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Relevance Communication Nordic (NGM:RLVNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Relevance Communication Nordic (NGM:RLVNC) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Sandhamnsgatan 63C, Stockholm, SWE, 115 28

Website

http://www.news55.se

News55 AB is a media company. Its business includes publishing of regional magazines and newspapers. The company also organizes exhibition for seniors and offers products in advertising and print. It has launched the E55.se site, which focuses on news and guidance in finance, savings and pensions.

Relevance Communication Nordic (NGM:RLVNC) Headlines

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