NEXTracker's average Accounts Receivable for the
three
months ended in Dec. 2023 was $356 Mil. NEXTracker's Revenue for the
three
months ended in Dec. 2023 was $710 Mil.
Hence, NEXTracker's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 45.72.
The historical rank and industry rank for NEXTracker's Days Sales Outstanding or its related term are showing as below:
NXT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.27 Med: 37.07 Max: 47.72
Current: 47.72
During the past 4 years, NEXTracker's highest Days Sales Outstanding was 47.72. The lowest was 36.27. And the median was 37.07.
NXT's Days Sales Outstanding is ranked better than 70.06% of 982
companies
in the Semiconductors industry
Industry Median: 62.545
vs NXT: 47.72
NEXTracker's Days Sales Outstanding
declined
from Dec. 2022 (50.37) to Dec. 2023 (45.72).
NEXTracker Days Sales Outstanding Historical Data
The historical data trend for NEXTracker'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.
Competitive Comparison of NEXTracker's Days Sales Outstanding
For the Solar subindustry, NEXTracker'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.
NEXTracker's Days Sales Outstanding Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, NEXTracker's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where NEXTracker's Days Sales Outstanding falls into.
NEXTracker 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.
* 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.
NEXTracker (NAS:NXT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
NEXTracker Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of NEXTracker's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
NEXTracker Inc provides integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed solar generation projects worldwide. Nextracker's products enable solar panels in utility-scale power plants to follow the sun's movement across the sky and optimize plant performance. It generates revenue from selling solar trackers, such as NX Horizon and NX Gemini, and from licensing TrueCapture software products.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NXT has been successfully added to your 