NFI Group (TSX:NFI) Days Sales Outstanding

: 49.84 (As of Dec. 2023)

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NFI Group's average Accounts Receivable for the three months ended in Dec. 2023 was C$580 Mil. NFI Group's Revenue for the three months ended in Dec. 2023 was C$1,062 Mil. Hence, NFI Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.84.

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

TSX:NFI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50 Med: 53.02 Max: 65.47
Current: 54

During the past 13 years, NFI Group's highest Days Sales Outstanding was 65.47. The lowest was 50.00. And the median was 53.02.

TSX:NFI's Days Sales Outstanding is ranked better than
58.22% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.71 vs TSX:NFI: 54.00

NFI Group's Days Sales Outstanding increased from Dec. 2022 (40.54) to Dec. 2023 (49.84).

NFI Group Days Sales Outstanding Historical Data

The historical data trend for NFI 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.

NFI Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

52.81

65.47

58.55

59.29

51.42

NFI 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																40.54	58.05	56.07	56.29	49.84

Competitive Comparison

For the Auto Manufacturers subindustry, NFI 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.

NFI Group Days Sales Outstanding Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, NFI Group's Days Sales Outstanding distribution charts can be found below:

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

NFI 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.

NFI 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
=	( (437.709	+	577.238)	/	2 )	/	3602.506	*	365
=	507.4735					/	3602.506	*	365
=	51.42

NFI 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
=	( (582.98	+	577.238)	/	2 )	/	1062.052	*	365 / 4
=	580.109					/	1062.052	*	365 / 4
=	49.84

NFI Group (TSX:NFI) Days Sales Outstanding Explanation

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

NFI Group Days Sales Outstanding Related Terms

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NFI Group (TSX:NFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NFI Group Inc (TSX:NFI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NFYEF:USA 9NF:Germany

Address

711 Kernaghan Avenue, Winnipeg, MB, CAN, R2C 3T4

Website

https://www.nfigroup.com

NFI Group Inc is a global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer(heavy-duty transit buses), Alexander Dennis Limited ("ADL") (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC Specialty Vehicles, LLC ("ARBOC") (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). The Company has two reportable segments which are the Company's strategic business units: Manufacturing Operations and Aftermarket Operations. It generates majority revenue from Manufacturing Operations.

NFI Group (TSX:NFI) Headlines

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