Nordic Paper Holding AB (OSTO:NPAPER) Days Sales Outstanding : 45.63 (As of Mar. 2024)

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What is Nordic Paper Holding AB Days Sales Outstanding?

Nordic Paper Holding AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr605 Mil. Nordic Paper Holding AB's Revenue for the three months ended in Mar. 2024 was kr1,209 Mil. Hence, Nordic Paper Holding AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 45.63.

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

OSTO:NPAPER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.22 Med: 51.72 Max: 54.67
Current: 54.67

During the past 7 years, Nordic Paper Holding AB's highest Days Sales Outstanding was 54.67. The lowest was 48.22. And the median was 51.72.

OSTO:NPAPER's Days Sales Outstanding is ranked worse than
50.52% of 287 companies
in the Forest Products industry
Industry Median: 54.58 vs OSTO:NPAPER: 54.67

Nordic Paper Holding AB's Days Sales Outstanding declined from Mar. 2023 (54.92) to Mar. 2024 (45.63).

Nordic Paper Holding AB Days Sales Outstanding Historical Data

The historical data trend for Nordic Paper Holding 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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Nordic Paper Holding AB Days Sales Outstanding Chart

Nordic Paper Holding AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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48.93

48.22

53.93

54.05

51.62

Nordic Paper Holding AB Quarterly Data
	Dec18	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															54.92	60.62	53.67	50.61	45.63

Competitive Comparison of Nordic Paper Holding AB's Days Sales Outstanding

For the Paper & Paper Products subindustry, Nordic Paper Holding 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.

Nordic Paper Holding AB's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nordic Paper Holding AB's Days Sales Outstanding distribution charts can be found below:

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

Nordic Paper Holding 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.

Nordic Paper Holding 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
=	( (769	+	496)	/	2 )	/	4472	*	365
=	632.5					/	4472	*	365
=	51.62

Nordic Paper Holding AB'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
=	( (496	+	713)	/	2 )	/	1209	*	365 / 4
=	604.5					/	1209	*	365 / 4
=	45.63

Nordic Paper Holding AB (OSTO:NPAPER) Days Sales Outstanding Explanation

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

Nordic Paper Holding AB Days Sales Outstanding Related Terms

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Nordic Paper Holding AB (OSTO:NPAPER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nordic Paper Holding AB (OSTO:NPAPER) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

0ABK:UK

Address

Tullhusgatan 1B, Karlstad, SWE, 652 09

Website

https://www.nordic-paper.com

Nordic Paper Holding AB is a paper company operating in two segments; Kraft paper is used in many end-use applications, such as in products aimed at consumers, including carrier bags and food packaging, in packaging for building materials, and in multiple other industrial applications, and Greaseproof paper is a group of paper types that are characterized by a resistance to oil or grease and is mainly used in the food sector but also have a number of industrial applications. The company offers effective and environmentally responsible products and solutions within the Kraft Paper and Natural Greaseproof segments.

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