Nutritional Growth Solutions (ASX:NGS) Days Sales Outstanding : 17.78 (As of Dec. 2023)

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What is Nutritional Growth Solutions Days Sales Outstanding?

Nutritional Growth Solutions's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.21 Mil. Nutritional Growth Solutions's Revenue for the six months ended in Dec. 2023 was A$2.19 Mil. Hence, Nutritional Growth Solutions's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.78.

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

ASX:NGS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.25 Med: 6.53 Max: 14.98
Current: 14.98

During the past 4 years, Nutritional Growth Solutions's highest Days Sales Outstanding was 14.98. The lowest was 4.25. And the median was 6.53.

ASX:NGS's Days Sales Outstanding is ranked better than
85.23% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs ASX:NGS: 14.98

Nutritional Growth Solutions's Days Sales Outstanding increased from Dec. 2022 (15.43) to Dec. 2023 (17.78).

Nutritional Growth Solutions Days Sales Outstanding Historical Data

The historical data trend for Nutritional Growth Solutions'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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Nutritional Growth Solutions Days Sales Outstanding Chart

Nutritional Growth Solutions Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

7.35

4.25

7.15

5.90

Nutritional Growth Solutions Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			22.79	14.71	15.43	21.18	17.78

Competitive Comparison of Nutritional Growth Solutions's Days Sales Outstanding

For the Packaged Foods subindustry, Nutritional Growth Solutions'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.

Nutritional Growth Solutions's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nutritional Growth Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nutritional Growth Solutions's Days Sales Outstanding falls into.

Nutritional Growth Solutions 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.

Nutritional Growth Solutions'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
=	( (0.122	+	0.022)	/	2 )	/	4.458	*	365
=	0.072					/	4.458	*	365
=	5.90

Nutritional Growth Solutions'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.404	+	0.022)	/	2 )	/	2.186	*	365 / 2
=	0.213					/	2.186	*	365 / 2
=	17.78

Nutritional Growth Solutions (ASX:NGS) Days Sales Outstanding Explanation

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

Nutritional Growth Solutions Days Sales Outstanding Related Terms

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Nutritional Growth Solutions (ASX:NGS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nutritional Growth Solutions Ltd (ASX:NGS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hanechoshet Street, Yafo, Tel Aviv, ISR, 6971068

Website

https://www.ngsolutions.co

Nutritional Growth Solutions Ltd is engaged in the business of developing produces and selling clinically tested protein supplements for children. It offers protein shakes and other products to improve the height and weight of children. It generates its revenues through the sale of its products directly to customers. its brands include Horlicks, Healthy Heights, Pro Up, and Healthy Height China. Geographically it operates in the United States and the Rest of the World and the majority of its revenue comes from the united states.