Niutech Group (NGM:NIUTEC) Days Sales Outstanding : 47.35 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Niutech Group Days Sales Outstanding?

Niutech Group's average Accounts Receivable for the three months ended in Dec. 2023 was kr41.1 Mil. Niutech Group's Revenue for the three months ended in Dec. 2023 was kr79.2 Mil. Hence, Niutech Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.35.

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

NGM:NIUTEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.1 Med: 34.44 Max: 51.88
Current: 40.85

During the past 4 years, Niutech Group's highest Days Sales Outstanding was 51.88. The lowest was 26.10. And the median was 34.44.

NGM:NIUTEC's Days Sales Outstanding is ranked better than
78.29% of 981 companies
in the Semiconductors industry
Industry Median: 62.83 vs NGM:NIUTEC: 40.85

Niutech Group's Days Sales Outstanding declined from Dec. 2022 (71.85) to Dec. 2023 (47.35).

Niutech Group Days Sales Outstanding Historical Data

The historical data trend for Niutech Group'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.

* Premium members only.

Niutech Group Days Sales Outstanding Chart

Niutech Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

26.10

26.60

42.28

51.88

Niutech Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								71.85	33.61	29.22	42.59	47.35

Competitive Comparison of Niutech Group's Days Sales Outstanding

For the Solar subindustry, Niutech Group'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.

Niutech Group's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Niutech Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Niutech Group's Days Sales Outstanding falls into.

Niutech Group 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.

Niutech Group'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
=	( (28.497	+	53.133)	/	2 )	/	287.175	*	365
=	40.815					/	287.175	*	365
=	51.88

Niutech Group'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
=	( (29.107	+	53.133)	/	2 )	/	79.246	*	365 / 4
=	41.12					/	79.246	*	365 / 4
=	47.35

Niutech Group (NGM:NIUTEC) Days Sales Outstanding Explanation

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

Niutech Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Niutech Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Niutech Group (NGM:NIUTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Niutech Group (NGM:NIUTEC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Skjutbanevagen 11, Orebro, SWE, 703 69

Website

https://www.sun4energy.se

Sun4Energy Group AB is engaged in designing, installing, and commissioning solar cell systems and electric car chargers, both AC and DC chargers for private individuals, companies, and municipalities. The company's goal is to contribute solutions that accelerate the transition to efficient and fossil-free energy solutions.

Niutech Group (NGM:NIUTEC) Headlines

No Headlines