Network Media Group (TSXV:NTE) Days Sales Outstanding

: 85.49 (As of Nov. 2023)

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Network Media Group's average Accounts Receivable for the three months ended in Nov. 2023 was C$1.31 Mil. Network Media Group's Revenue for the three months ended in Nov. 2023 was C$1.40 Mil. Hence, Network Media Group's Days Sales Outstanding for the three months ended in Nov. 2023 was 85.49.

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

TSXV:NTE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.19 Med: 43.79 Max: 158.9
Current: 53.67

During the past 13 years, Network Media Group's highest Days Sales Outstanding was 158.90. The lowest was 18.19. And the median was 43.79.

TSXV:NTE's Days Sales Outstanding is ranked better than
63.93% of 1023 companies
in the Media - Diversified industry
Industry Median: 69.42 vs TSXV:NTE: 53.67

Network Media Group's Days Sales Outstanding increased from Nov. 2022 (48.32) to Nov. 2023 (85.49).

Network Media Group Days Sales Outstanding Historical Data

The historical data trend for Network Media 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.

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Network Media Group Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Days Sales Outstanding

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23.08

27.98

41.47

18.19

60.66

Network Media Group Quarterly Data
	Feb19	May19	Aug19	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															48.32	48.74	56.87	34.00	85.49

Competitive Comparison

For the Entertainment subindustry, Network Media 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.

Network Media Group Days Sales Outstanding Distribution

For the Media - Diversified industry and Communication Services sector, Network Media Group's Days Sales Outstanding distribution charts can be found below:

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

Network Media 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.

Network Media Group's Days Sales Outstanding for the fiscal year that ended in Nov. 2023 is calculated as

	Days Sales Outstanding (A: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2022 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (1.048	+	1.321)	/	2 )	/	7.127	*	365
=	1.1845					/	7.127	*	365
=	60.66

Network Media Group'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
=	( (1.293	+	1.321)	/	2 )	/	1.395	*	365 / 4
=	1.307					/	1.395	*	365 / 4
=	85.49

Network Media Group (TSXV:NTE) Days Sales Outstanding Explanation

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

Network Media Group Days Sales Outstanding Related Terms

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Network Media Group (TSXV:NTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Network Media Group Inc (TSXV:NTE) » Definitions » Days Sales Outstanding

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NETWF:USA

Address

1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5

Website

https://www.networkentertainment.ca

Network Media Group Inc is a television, film, and NFT production company. Through its subsidiaries, the company is engaged in the development and production of entertainment content. The company develops and produces film, and television and NFT properties in addition to providing production services to third parties. The principal business of the company is the development, financing, production, marketing and distribution of documentaries and docu-series. Network NFT Studios collaborates with IP owners, artists and top talent to create engagement campaigns using non-fungible tokens.

Network Media Group (TSXV:NTE) Headlines

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