NIBE Industrier AB (OSTO:NIBE B) Days Sales Outstanding : 56.46 (As of Dec. 2023)

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What is NIBE Industrier AB Days Sales Outstanding?

NIBE Industrier AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr7,212 Mil. NIBE Industrier AB's Revenue for the three months ended in Dec. 2023 was kr11,656 Mil. Hence, NIBE Industrier AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.46.

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

OSTO:NIBE B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.32 Med: 45.94 Max: 56.62
Current: 56.62

During the past 13 years, NIBE Industrier AB's highest Days Sales Outstanding was 56.62. The lowest was 42.32. And the median was 45.94.

OSTO:NIBE B's Days Sales Outstanding is ranked better than
65.07% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs OSTO:NIBE B: 56.62

NIBE Industrier AB's Days Sales Outstanding increased from Dec. 2022 (51.72) to Dec. 2023 (56.46).

NIBE Industrier AB Days Sales Outstanding Historical Data

The historical data trend for NIBE Industrier 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.

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NIBE Industrier AB Days Sales Outstanding Chart

NIBE Industrier AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.03

46.23

44.07

44.98

42.32

NIBE Industrier AB 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															51.72	52.34	61.48	70.61	56.46

Competitive Comparison of NIBE Industrier AB's Days Sales Outstanding

For the Building Products & Equipment subindustry, NIBE Industrier 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.

NIBE Industrier AB's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, NIBE Industrier AB's Days Sales Outstanding distribution charts can be found below:

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

NIBE Industrier 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.

NIBE Industrier AB'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
=	( (5813	+	5005)	/	2 )	/	46649	*	365
=	5409					/	46649	*	365
=	42.32

NIBE Industrier AB'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
=	( (9419	+	5005)	/	2 )	/	11656	*	365 / 4
=	7212					/	11656	*	365 / 4
=	56.46

NIBE Industrier AB (OSTO:NIBE B) Days Sales Outstanding Explanation

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

NIBE Industrier AB Days Sales Outstanding Related Terms

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NIBE Industrier AB (OSTO:NIBE B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » NIBE Industrier AB (OSTO:NIBE B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NIABY:USA NDRBF:USA NIBEBs:UK 0RH0:UK NJB:Germany NIBEB:Switzerland

Address

Hannabadsvagen 5, Box 14, Markaryd, SWE, SE- 285 21

Website

https://www.nibe.com

NIBE Industrier AB manufactures and sells energy-efficient products for industrial and consumer use. The firm is organized into three segments by product type. The climate solutions segment, which generates the majority of revenue, sells HVAC systems and hot water heaters to homes, apartment buildings, and other large properties. The elements segment sells components and elements to multiple industries, including appliance manufacturers, home remodelers, energy, and automotive. The stoves segment sells energy-efficient stoves and chimney systems to residential and commercial customers. The vast majority of revenue comes from Europe.

NIBE Industrier AB (OSTO:NIBE B) Headlines

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