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NVGT (Novagant) Days Sales Outstanding : 26.07 (As of Dec. 2023)


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What is Novagant Days Sales Outstanding?

Novagant's average Accounts Receivable for the three months ended in Dec. 2023 was $0.00 Mil. Novagant's Revenue for the three months ended in Dec. 2023 was $0.01 Mil. Hence, Novagant's Days Sales Outstanding for the three months ended in Dec. 2023 was 26.07.

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

NVGT's Days Sales Outstanding is not ranked *
in the Transportation industry.
Industry Median: 45.365
* Ranked among companies with meaningful Days Sales Outstanding only.

Novagant's Days Sales Outstanding declined from Dec. 2022 (56.64) to Dec. 2023 (26.07).

Novagant Days Sales Outstanding Historical Data

The historical data trend for Novagant'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.

Novagant Days Sales Outstanding Chart

Novagant Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only - - - 34.76 12.79

Novagant Quarterly Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56.64 26.84 19.55 29.03 26.07

Competitive Comparison of Novagant's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Novagant'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.

Novagant's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Novagant's Days Sales Outstanding distribution charts can be found below:

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


Novagant 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.

Novagant's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (0.01 + 0.001) / 2 ) / 0.157*365
=0.0055 / 0.157*365
=12.79

Novagant'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
=( (0.005 + 0.003) / 2 ) / 0.014*365 / 4
=0.004 / 0.014*365 / 4
=26.07

* 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.

Novagant  (OTCPK:NVGT) Days Sales Outstanding Explanation

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

Novagant Days Sales Outstanding Related Terms

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Novagant Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Novagant Corp (OTCPK:NVGT) » Definitions » Days Sales Outstanding
Comparable Companies
TSX:PSI TSX:STEP TSX:MCB TSX:TOT TSX:PSD TSX:CEU TSX:CFW TSX:NOA TSX:SHLE TSX:E UPS FDX OCSE:DSV XTER:DHL SZSE:002352 XSWX:KNIN JBHT EXPD ZTO CHRW
Traded in Other Exchanges
N/A
Address
100 How Ming Street, AIA Kowloon Tower, Suite 2006, Landmark East, KT, Hong Kong, HKG, 999077
Website
https://www.novagantcorp.com
Novagant Corp through its subsidiary is a logistics service provider in Hong Kong. The company particularly specialized in Fast Moving Consumer Goods (FMCG) and Health Care Products. It generates revenue from the Air/ocean freight services income.
Executives
Wei Qun Chen director, 10 percent owner, officer: CEO UNIT 05,22/F,WAYSON COMMERCIAL BUILDING, 28 CONNAUGHT ROAD WEST, HONG KONG F4 28 CRW
Kenneth Hilowitz director 1201 CITY PLACE, EDGEWATER NJ 07020
Michael Magno director, officer: CEO 3996 NW 1ST PLACE, DEERFIELD BEACH FL 33442