NewAge's average Accounts Receivable for the
three
months ended in Sep. 2021 was $9.7 Mil. NewAge's Revenue for the
three
months ended in Sep. 2021 was $99.6 Mil.
Hence, NewAge's Days Sales Outstanding for the
three
months ended in Sep. 2021 was 8.86.
The historical rank and industry rank for NewAge's Days Sales Outstanding or its related term are showing as below:
NBEVQ's Days Sales Outstanding is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 43.05 * Ranked among companies with meaningful Days Sales Outstanding only.
NewAge's Days Sales Outstanding
declined
from Sep. 2020 (17.11) to Sep. 2021 (8.86).
NewAge Days Sales Outstanding Historical Data
The historical data trend for NewAge'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.
Competitive Comparison of NewAge's Days Sales Outstanding
For the Beverages - Non-Alcoholic subindustry, NewAge'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.
NewAge's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, NewAge's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where NewAge's Days Sales Outstanding falls into.
NewAge 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.
* 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.
NewAge (OTCPK:NBEVQ) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
NewAge Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of NewAge's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
NewAge Inc is engaged in the business of developing, marketing, selling, and distributing a portfolio of healthy products sold primarily through a direct to customer business model using a team of brand partners and distributors to help market and sell the portfolio of brands. Its Direct/Social Selling segment is engaged in the development, manufacturing, and marketing of a portfolio of healthy products in three core category platforms including health and wellness, healthy appearance, and nutritional performance all sold primarily via e-commerce and through a direct route to market. It has a business presence in the US, Japan, China and other countries.
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