Nortech Days Sales Outstanding from 2010 to 2024

NSYS Stock  USD 10.11  0.31  2.98%   
Nortech Systems Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding will likely drop to 47.13 in 2024. From the period from 2010 to 2024, Nortech Systems Days Sales Outstanding quarterly data regression had r-value of  0.62 and coefficient of variation of  24.43. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
88.43912382
Current Value
47.13
Quarterly Volatility
15.95816562
 
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Check Nortech Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nortech Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.8 M, Interest Expense of 579 K or Total Revenue of 92.6 M, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0 or PTB Ratio of 1.12. Nortech financial statements analysis is a perfect complement when working with Nortech Systems Valuation or Volatility modules.
  
Check out the analysis of Nortech Systems Correlation against competitors.

Latest Nortech Systems' Days Sales Outstanding Growth Pattern

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

Nortech Days Sales Outstanding Regression Statistics

Arithmetic Mean65.32
Geometric Mean63.57
Coefficient Of Variation24.43
Mean Deviation14.35
Median58.09
Standard Deviation15.96
Sample Variance254.66
Range43.7352
R-Value0.62
Mean Square Error168.32
R-Squared0.39
Significance0.01
Slope2.22
Total Sum of Squares3,565

Nortech Days Sales Outstanding History

2024 47.13
2023 88.44
2022 77.85
2021 90.18
2020 75.46
2019 82.26
2018 85.4

About Nortech Systems Financial Statements

Nortech Systems shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Nortech Systems investors may analyze each financial statement separately, they are all interrelated. The changes in Nortech Systems' assets and liabilities, for example, are also reflected in the revenues and expenses on on Nortech Systems' 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 88.44  47.13 

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Additional Tools for Nortech Stock Analysis

When running Nortech Systems' price analysis, check to measure Nortech Systems' 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 Nortech Systems is operating at the current time. Most of Nortech Systems' value examination focuses on studying past and present price action to predict the probability of Nortech Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nortech Systems' price. Additionally, you may evaluate how the addition of Nortech Systems to your portfolios can decrease your overall portfolio volatility.