NORMA Group SE (XTER:NOEJ) Days Sales Outstanding : 56.85 (As of Mar. 2024)

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What is NORMA Group SE Days Sales Outstanding?

NORMA Group SE's average Accounts Receivable for the three months ended in Mar. 2024 was €192 Mil. NORMA Group SE's Revenue for the three months ended in Mar. 2024 was €309 Mil. Hence, NORMA Group SE's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.85.

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

XTER:NOEJ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.25 Med: 49.81 Max: 62.29
Current: 62.29

During the past 13 years, NORMA Group SE's highest Days Sales Outstanding was 62.29. The lowest was 47.25. And the median was 49.81.

XTER:NOEJ's Days Sales Outstanding is ranked better than
68.12% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs XTER:NOEJ: 62.29

NORMA Group SE's Days Sales Outstanding declined from Mar. 2023 (57.60) to Mar. 2024 (56.85).

NORMA Group SE Days Sales Outstanding Historical Data

The historical data trend for NORMA Group SE'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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NORMA Group SE Days Sales Outstanding Chart

NORMA Group SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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47.99

58.35

51.25

49.30

53.47

NORMA Group SE 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															57.60	62.29	66.92	61.95	56.85

Competitive Comparison of NORMA Group SE's Days Sales Outstanding

For the Metal Fabrication subindustry, NORMA Group SE'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.

NORMA Group SE's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NORMA Group SE's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where NORMA Group SE's Days Sales Outstanding falls into.

NORMA Group SE 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.

NORMA Group SE'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
=	( (180.069	+	178.203)	/	2 )	/	1222.781	*	365
=	179.136					/	1222.781	*	365
=	53.47

NORMA Group SE'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
=	( (178.203	+	206.271)	/	2 )	/	308.542	*	365 / 4
=	192.237					/	308.542	*	365 / 4
=	56.85

NORMA Group SE (XTER:NOEJ) Days Sales Outstanding Explanation

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

NORMA Group SE Days Sales Outstanding Related Terms

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NORMA Group SE (XTER:NOEJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NORMA Group SE (XTER:NOEJ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0P38:UK NOEJ:Austria

Address

Edisonstrasse 4, Maintal, DEU, 63477

Website

https://www.normagroup.com

NORMA Group SE manufactures a wide range of joining technology solutions. Its products are primarily constructed from steel and help seal, connect, or ensure reliable flow of liquids, gases, and other elements. The components and finished solutions are used in various industries and can be found in transportation vehicles, household appliances, engines, plumbing systems, and medical fields. Norma has three primary product categories: clamps, joining elements, and fluid systems/connectors. It supplies single-component, multicomponent, and complex systems to meet customer requirements. The company uses a global sales and distribution network to reach customers and supply customized solutions across Europe, the Americas, and Asia-Pacific.

Executives

Annette Stieve	Board of Directors
Dr. Daniel Heymann	Board of Directors
Guido Hans Grandi	Board of Directors

NORMA Group SE (XTER:NOEJ) Headlines

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