Neogrid Participacoes (BSP:NGRD3) Days Sales Outstanding : 73.11 (As of Dec. 2023)

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What is Neogrid Participacoes Days Sales Outstanding?

Neogrid Participacoes's average Accounts Receivable for the three months ended in Dec. 2023 was R$53.9 Mil. Neogrid Participacoes's Revenue for the three months ended in Dec. 2023 was R$67.3 Mil. Hence, Neogrid Participacoes's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.11.

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

BSP:NGRD3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.19 Med: 60.03 Max: 81.8
Current: 80.67

During the past 9 years, Neogrid Participacoes's highest Days Sales Outstanding was 81.80. The lowest was 47.19. And the median was 60.03.

BSP:NGRD3's Days Sales Outstanding is ranked worse than
66.43% of 2726 companies
in the Software industry
Industry Median: 62.175 vs BSP:NGRD3: 80.67

Neogrid Participacoes's Days Sales Outstanding declined from Dec. 2022 (75.71) to Dec. 2023 (73.11).

Neogrid Participacoes Days Sales Outstanding Historical Data

The historical data trend for Neogrid Participacoes'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.

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Neogrid Participacoes Days Sales Outstanding Chart

Neogrid Participacoes Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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55.78

62.05

72.41

80.29

81.80

Neogrid Participacoes Quarterly Data
	Dec16	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															75.71	82.56	88.05	77.85	73.11

Competitive Comparison of Neogrid Participacoes's Days Sales Outstanding

For the Software - Application subindustry, Neogrid Participacoes'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.

Neogrid Participacoes's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Neogrid Participacoes's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Neogrid Participacoes's Days Sales Outstanding falls into.

Neogrid Participacoes 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.

Neogrid Participacoes'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
=	( (61.969	+	58.3)	/	2 )	/	268.322	*	365
=	60.1345					/	268.322	*	365
=	81.80

Neogrid Participacoes'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (49.478	+	58.3)	/	2 )	/	67.259	*	365 / 4
=	53.889					/	67.259	*	365 / 4
=	73.11

Neogrid Participacoes (BSP:NGRD3) Days Sales Outstanding Explanation

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

Neogrid Participacoes Days Sales Outstanding Related Terms

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Neogrid Participacoes (BSP:NGRD3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Neogrid Participacoes SA (BSP:NGRD3) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

AV. Santos Dumont, 935, Santo Antonio, Joninville, SC, BRA, 89218-105

Website

https://www.neogrid.com

Neogrid Participacoes SA is engaged in investing in other companies or partnerships, businesses and undertakings of any nature. The company is focused on Software as a Service (SaaS), data and technology that solves key challenges for the supply chain. With solutions that integrate and synchronize operations of manufacturers, distributors, and retailers, it ensures that products are well distributed, sized and allocated. increasing the efficiency of customers, reducing the high costs related to waste and inventory shortages and excesses and freeing up working capital. Offering SaaS solutions is the primary source of revenue generation through subscription to the Neogrid solution platform.

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