NEXE Innovations (TSXV:NEXE) Days Sales Outstanding : 237.52 (As of Nov. 2023)

View and export this data going back to 2020. Start your Free Trial

What is NEXE Innovations Days Sales Outstanding?

NEXE Innovations's average Accounts Receivable for the three months ended in Nov. 2023 was C$0.09 Mil. NEXE Innovations's Revenue for the three months ended in Nov. 2023 was C$0.03 Mil. Hence, NEXE Innovations's Days Sales Outstanding for the three months ended in Nov. 2023 was 237.52.

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

TSXV:NEXE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 116.8 Med: 166.55 Max: 216.3
Current: 145.32

During the past 4 years, NEXE Innovations's highest Days Sales Outstanding was 216.30. The lowest was 116.80. And the median was 166.55.

TSXV:NEXE's Days Sales Outstanding is ranked worse than
93.9% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.9 vs TSXV:NEXE: 145.32

NEXE Innovations's Days Sales Outstanding declined from Nov. 2022 (278.82) to Nov. 2023 (237.52).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

NEXE Innovations Days Sales Outstanding Historical Data

The historical data trend for NEXE Innovations'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.

NEXE Innovations Days Sales Outstanding Chart

NEXE Innovations Annual Data

Trend

May20

May21

May22

May23

Days Sales Outstanding

216.30

116.80

NEXE Innovations Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Sales Outstanding	Get a 7-Day Free Trial												278.82	247.68	167.29	122.36	237.52

Competitive Comparison of NEXE Innovations's Days Sales Outstanding

For the Packaging & Containers subindustry, NEXE Innovations'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.

NEXE Innovations's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, NEXE Innovations's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where NEXE Innovations's Days Sales Outstanding falls into.

NEXE Innovations 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.

NEXE Innovations's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (0.016	+	0)	/	1 )	/	0.05	*	365
=	0.016					/	0.05	*	365
=	116.80

NEXE Innovations's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (0.118	+	0.059)	/	2 )	/	0.034	*	365 / 4
=	0.0885					/	0.034	*	365 / 4
=	237.52

NEXE Innovations (TSXV:NEXE) Days Sales Outstanding Explanation

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

NEXE Innovations Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of NEXE Innovations's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

NEXE Innovations (TSXV:NEXE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » NEXE Innovations Inc (TSXV:NEXE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NEXNF:USA NX5:Germany

Address

19355 22nd Avenue, Suite 109, Surrey, BC, CAN, V3Z3S6

Website

https://www.nexeinnovations.com

NEXE Innovations Inc is a plant-based compostable technology and materials manufacturing based in British Columbia, Canada. The Company has developed patented, fully compostable, plant-based, single-serve coffee pods for use in single-serve coffee machines. The NEXE Pod is fully compostable, single-use pod will offer the market an environmentally friendly alternative to the over billions of plastic and aluminum pod market.

NEXE Innovations (TSXV:NEXE) Headlines

No Headlines