NFO Drives AB (XSAT:NFO) Days Sales Outstanding : 53.13 (As of Mar. 2024)

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What is NFO Drives AB Days Sales Outstanding?

NFO Drives AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr6.39 Mil. NFO Drives AB's Revenue for the three months ended in Mar. 2024 was kr10.98 Mil. Hence, NFO Drives AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.13.

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

XSAT:NFO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.18 Med: 45.86 Max: 64.6
Current: 55

During the past 12 years, NFO Drives AB's highest Days Sales Outstanding was 64.60. The lowest was 36.18. And the median was 45.86.

XSAT:NFO's Days Sales Outstanding is ranked better than
72.89% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs XSAT:NFO: 55.00

NFO Drives AB's Days Sales Outstanding increased from Mar. 2023 (46.99) to Mar. 2024 (53.13).

NFO Drives AB Days Sales Outstanding Historical Data

The historical data trend for NFO Drives 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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NFO Drives AB Days Sales Outstanding Chart

NFO Drives AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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36.18

46.23

64.60

56.97

46.56

NFO Drives AB Quarterly Data
	Jun19	Sep19	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															46.99	47.41	66.11	61.98	53.13

Competitive Comparison of NFO Drives AB's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, NFO Drives 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.

NFO Drives AB's Days Sales Outstanding Distribution in the Hardware Industry

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

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

NFO Drives 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.

NFO Drives 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
=	( (5.882	+	6.1)	/	2 )	/	46.963	*	365
=	5.991					/	46.963	*	365
=	46.56

NFO Drives 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
=	( (6.1	+	6.686)	/	2 )	/	10.98	*	365 / 4
=	6.393					/	10.98	*	365 / 4
=	53.13

NFO Drives AB (XSAT:NFO) Days Sales Outstanding Explanation

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

NFO Drives AB Days Sales Outstanding Related Terms

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NFO Drives AB (XSAT:NFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » NFO Drives AB (XSAT:NFO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tubba Square 5, Karlshamn, SWE, 37432

Website

http://www.nfodrives.se

NFO Drives AB is a technology company. The group is engaged in the development, manufacture, and marketing of NFO Sinus frequency inverters that are used to regulate the RPM of electric motors. Its product is used to control the speed of electric motors in machines, fans, and pumps. The company products are used in residential properties, industry, agricultural environment and hospital.

NFO Drives AB (XSAT:NFO) Headlines

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