Norconsult ASA (OSL:NORCO) Days Sales Outstanding : 61.20 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Norconsult ASA Days Sales Outstanding?

Norconsult ASA's average Accounts Receivable for the six months ended in Dec. 2023 was kr1,542 Mil. Norconsult ASA's Revenue for the six months ended in Dec. 2023 was kr4,598 Mil. Hence, Norconsult ASA's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.20.

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

OSL:NORCO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.94 Med: 63.01 Max: 74.07
Current: 56.94

During the past 5 years, Norconsult ASA's highest Days Sales Outstanding was 74.07. The lowest was 56.94. And the median was 63.01.

OSL:NORCO's Days Sales Outstanding is ranked better than
65.15% of 1647 companies
in the Construction industry
Industry Median: 72.19 vs OSL:NORCO: 56.94

Norconsult ASA's Days Sales Outstanding declined from Dec. 2022 (61.85) to Dec. 2023 (61.20).

Norconsult ASA Days Sales Outstanding Historical Data

The historical data trend for Norconsult ASA'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.

Norconsult ASA Days Sales Outstanding Chart

Norconsult ASA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

74.07

67.11

63.01

57.92

60.32

Norconsult ASA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	54.16	61.85	49.73	61.20

Competitive Comparison of Norconsult ASA's Days Sales Outstanding

For the Engineering & Construction subindustry, Norconsult ASA'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.

Norconsult ASA's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Norconsult ASA's Days Sales Outstanding falls into.

Norconsult ASA 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.

Norconsult ASA'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
=	( (1393	+	1769)	/	2 )	/	9567	*	365
=	1581					/	9567	*	365
=	60.32

Norconsult ASA'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1315	+	1769)	/	2 )	/	4598	*	365 / 2
=	1542					/	4598	*	365 / 2
=	61.20

Norconsult ASA (OSL:NORCO) Days Sales Outstanding Explanation

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

Norconsult ASA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Norconsult ASA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Norconsult ASA (OSL:NORCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Norconsult ASA (OSL:NORCO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NORCOo:UK

Address

Vestfjordgaten 4, Sandvika, NOR, 1338

Website

https://www.norconsult.com

Norconsult ASA is principally engaged in the provision of planning and consultancy services for all phases of social planning, engineering design and architecture projects. The Group also develops and distributes complete IT solutions for project, building and facility management for infrastructure and property.

Norconsult ASA (OSL:NORCO) Headlines

No Headlines