Nextracker Days Sales Outstanding from 2010 to 2024

NXT Stock   39.71  0.84  2.16%   
Nextracker Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding will likely drop to 79.14 in 2024. From the period from 2010 to 2024, Nextracker Days Sales Outstanding quarterly data regression had r-value of (0.21) and coefficient of variation of  12.90. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
113.85950146
Current Value
79.14
Quarterly Volatility
12.92204921
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Nextracker financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nextracker's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.1 M, Selling General Administrative of 192.7 M or Selling And Marketing Expenses of 28.4 M, as well as many indicators such as Price To Sales Ratio of 1.34, Dividend Yield of 0.22 or PTB Ratio of 4.73. Nextracker financial statements analysis is a perfect complement when working with Nextracker Valuation or Volatility modules.
  
Check out the analysis of Nextracker Correlation against competitors.

Latest Nextracker's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Nextracker Class A over the last few years. It is Nextracker's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nextracker's 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  

Nextracker Days Sales Outstanding Regression Statistics

Arithmetic Mean100.18
Geometric Mean99.30
Coefficient Of Variation12.90
Mean Deviation9.35
Median103.76
Standard Deviation12.92
Sample Variance166.98
Range45.9332
R-Value(0.21)
Mean Square Error171.65
R-Squared0.05
Significance0.45
Slope(0.62)
Total Sum of Squares2,338

Nextracker Days Sales Outstanding History

2024 79.14
2023 113.86
2022 109.21
2021 115.37
2020 81.88
2019 69.43

About Nextracker Financial Statements

Nextracker shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Nextracker investors may analyze each financial statement separately, they are all interrelated. The changes in Nextracker's assets and liabilities, for example, are also reflected in the revenues and expenses on on Nextracker's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Sales Outstanding 113.86  79.14 

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Additional Tools for Nextracker Stock Analysis

When running Nextracker's price analysis, check to measure Nextracker's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nextracker is operating at the current time. Most of Nextracker's value examination focuses on studying past and present price action to predict the probability of Nextracker's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nextracker's price. Additionally, you may evaluate how the addition of Nextracker to your portfolios can decrease your overall portfolio volatility.