Ngenic AB (OSTO:NGENIC) Days Sales Outstanding : 53.86 (As of Sep. 2023)

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What is Ngenic AB Days Sales Outstanding?

Ngenic AB's average Accounts Receivable for the three months ended in Sep. 2023 was kr11.55 Mil. Ngenic AB's Revenue for the three months ended in Sep. 2023 was kr19.57 Mil. Hence, Ngenic AB's Days Sales Outstanding for the three months ended in Sep. 2023 was 53.86.

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

OSTO:NGENIC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.93 Med: 74.84 Max: 93.99
Current: 56.93

During the past 4 years, Ngenic AB's highest Days Sales Outstanding was 93.99. The lowest was 56.93. And the median was 74.84.

OSTO:NGENIC's Days Sales Outstanding is ranked better than
70.24% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs OSTO:NGENIC: 56.93

Ngenic AB's Days Sales Outstanding declined from Sep. 2022 (87.13) to Sep. 2023 (53.86).

Ngenic AB Days Sales Outstanding Historical Data

The historical data trend for Ngenic AB'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.

Ngenic AB Days Sales Outstanding Chart

Ngenic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

93.99

75.40

63.04

74.28

Ngenic AB Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial											87.13	72.20	41.89	56.54	53.86

Competitive Comparison of Ngenic AB's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Ngenic AB'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.

Ngenic AB's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ngenic AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ngenic AB's Days Sales Outstanding falls into.

Ngenic AB 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.

Ngenic AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (4.575	+	6.197)	/	2 )	/	26.465	*	365
=	5.386					/	26.465	*	365
=	74.28

Ngenic AB's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (9.579	+	13.523)	/	2 )	/	19.569	*	365 / 4
=	11.551					/	19.569	*	365 / 4
=	53.86

Ngenic AB (OSTO:NGENIC) Days Sales Outstanding Explanation

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

Ngenic AB Days Sales Outstanding Related Terms

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Ngenic AB (OSTO:NGENIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ngenic AB (OSTO:NGENIC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kungsgatan 41, Uppsala, SWE, 753 21

Website

https://www.ngenic.se

Ngenic AB is an independent energy technology company. It works with digitization and streamlining of energy systems, with energy companies, property owners, tenant-owner associations and homeowners as customers.

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