Northern Days Sales Outstanding from 2010 to 2024

NTIC Stock  USD 13.54  0.21  1.58%   
Northern Technologies' Days Sales Outstanding is decreasing over the years with stable fluctuation. Days Sales Outstanding is expected to dwindle to 72.64. During the period from 2010 to 2024 Northern Technologies Days Sales Outstanding annual values regression line had geometric mean of  82.53 and mean square error of  116.99. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
89.31689114
Current Value
72.64
Quarterly Volatility
10.48695001
 
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Yuan Drop
 
Covid
Check Northern Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northern Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 357.1 K or Total Revenue of 89.3 M, as well as many indicators such as Price To Sales Ratio of 2.92, Ptb Ratio of 2.4 or Days Sales Outstanding of 72.64. Northern financial statements analysis is a perfect complement when working with Northern Technologies Valuation or Volatility modules.
  
Check out the analysis of Northern Technologies Correlation against competitors.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.

Latest Northern Technologies' Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Northern Technologies over the last few years. It is Northern Technologies' Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northern Technologies' overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Pretty Stable
   Days Sales Outstanding   
       Timeline  

Northern Days Sales Outstanding Regression Statistics

Arithmetic Mean83.11
Geometric Mean82.53
Coefficient Of Variation12.62
Mean Deviation8.15
Median80.72
Standard Deviation10.49
Sample Variance109.98
Range37.3438
R-Value(0.11)
Mean Square Error116.99
R-Squared0.01
Significance0.70
Slope(0.26)
Total Sum of Squares1,540

Northern Days Sales Outstanding History

2024 72.64
2023 89.32
2022 87.48
2021 81.7
2020 88.16
2019 72.75
2018 80.72

About Northern Technologies Financial Statements

Northern Technologies stakeholders use historical fundamental indicators, such as Northern Technologies' Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Northern Technologies investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northern Technologies' assets and liabilities are reflected in the revenues and expenses on Northern Technologies' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northern Technologies. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 89.32  72.64 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Northern Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northern Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northern Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northern Technologies Stock:
Check out the analysis of Northern Technologies Correlation against competitors.
For information on how to trade Northern Stock refer to our How to Trade Northern Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Specialty Chemicals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northern Technologies. If investors know Northern will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northern Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Earnings Share
0.55
Revenue Per Share
8.752
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0079
The market value of Northern Technologies is measured differently than its book value, which is the value of Northern that is recorded on the company's balance sheet. Investors also form their own opinion of Northern Technologies' value that differs from its market value or its book value, called intrinsic value, which is Northern Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northern Technologies' market value can be influenced by many factors that don't directly affect Northern Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northern Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Northern Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northern Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.