Newmark Group (FRA:NMB) Days Sales Outstanding : 70.99 (As of Dec. 2023)

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What is Newmark Group Days Sales Outstanding?

Newmark Group's average Accounts Receivable for the three months ended in Dec. 2023 was €533 Mil. Newmark Group's Revenue for the three months ended in Dec. 2023 was €685 Mil. Hence, Newmark Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.99.

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

FRA:NMB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.34 Med: 59.4 Max: 84.8
Current: 80.84

During the past 9 years, Newmark Group's highest Days Sales Outstanding was 84.80. The lowest was 41.34. And the median was 59.40.

FRA:NMB's Days Sales Outstanding is ranked worse than
70.59% of 1666 companies
in the Real Estate industry
Industry Median: 36.41 vs FRA:NMB: 80.84

Newmark Group's Days Sales Outstanding declined from Dec. 2022 (80.17) to Dec. 2023 (70.99).

Newmark Group Days Sales Outstanding Historical Data

The historical data trend for Newmark Group'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.

* Premium members only.

Newmark Group Days Sales Outstanding Chart

Newmark Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.12

89.42

57.72

71.32

85.82

Newmark Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															80.17	92.62	83.09	78.01	70.99

Competitive Comparison of Newmark Group's Days Sales Outstanding

For the Real Estate Services subindustry, Newmark Group'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.

Newmark Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Newmark Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Newmark Group's Days Sales Outstanding falls into.

Newmark Group 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.

Newmark Group'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
=	( (494.412	+	570.84)	/	2 )	/	2265.327	*	365
=	532.626					/	2265.327	*	365
=	85.82

Newmark Group'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
=	( (495.564	+	570.84)	/	2 )	/	685.404	*	365 / 4
=	533.202					/	685.404	*	365 / 4
=	70.99

Newmark Group (FRA:NMB) Days Sales Outstanding Explanation

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

Newmark Group Days Sales Outstanding Related Terms

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Newmark Group (FRA:NMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Newmark Group Inc (FRA:NMB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NMRK:USA

Address

125 Park Avenue, New York, NY, USA, 10017

Website

https://www.nmrk.com

Newmark Group Inc is a commercial real estate advisory firm. It offers services, including leasing and corporate advisory services, investment sales, commercial mortgage brokerage, appraisal and valuation, project management, and property, among others. Newmark offers a diverse array of integrated services and products designed to meet the full needs of both real estate investors/owners and occupiers. The company provides real estate strategic consulting and systems integration services to CFI's global clients including many Fortune 500 and Forbes Global 2000 companies, owner-occupiers, government agencies, healthcare and higher education clients.

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