Nova Klubburinn hf (OISE:NOVA) Days Sales Outstanding : 33.77 (As of Mar. 2024)

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What is Nova Klubburinn hf Days Sales Outstanding?

Nova Klubburinn hf's average Accounts Receivable for the three months ended in Mar. 2024 was kr1,172 Mil. Nova Klubburinn hf's Revenue for the three months ended in Mar. 2024 was kr3,168 Mil. Hence, Nova Klubburinn hf's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.77.

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

OISE:NOVA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.17 Med: 33.61 Max: 41.66
Current: 32.39

During the past 5 years, Nova Klubburinn hf's highest Days Sales Outstanding was 41.66. The lowest was 32.17. And the median was 33.61.

OISE:NOVA's Days Sales Outstanding is ranked better than
75% of 376 companies
in the Telecommunication Services industry
Industry Median: 56.56 vs OISE:NOVA: 32.39

Nova Klubburinn hf's Days Sales Outstanding stayed the same from Mar. 2023 (33.77) to Mar. 2024 (33.77).

Nova Klubburinn hf Days Sales Outstanding Historical Data

The historical data trend for Nova Klubburinn hf'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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Nova Klubburinn hf Days Sales Outstanding Chart

Nova Klubburinn hf Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

41.66

37.86

33.61

32.17

32.26

Nova Klubburinn hf Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										33.77	32.45	31.01	30.88	33.77

Competitive Comparison of Nova Klubburinn hf's Days Sales Outstanding

For the Telecom Services subindustry, Nova Klubburinn hf'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.

Nova Klubburinn hf's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Nova Klubburinn hf's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nova Klubburinn hf's Days Sales Outstanding falls into.

Nova Klubburinn hf 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.

Nova Klubburinn hf'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
=	( (1145.052	+	1124.554)	/	2 )	/	12837.538	*	365
=	1134.803					/	12837.538	*	365
=	32.26

Nova Klubburinn hf's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1124.554	+	1219.799)	/	2 )	/	3167.634	*	365 / 4
=	1172.1765					/	3167.634	*	365 / 4
=	33.77

Nova Klubburinn hf (OISE:NOVA) Days Sales Outstanding Explanation

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

Nova Klubburinn hf Days Sales Outstanding Related Terms

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Nova Klubburinn hf (OISE:NOVA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nova Klubburinn hf (OISE:NOVA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lágmúli 9, Reykjavík, ISL, 108

Website

https://www.nova.is

Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.