NIO (SGX:NIO) Days Sales Outstanding : 9.27 (As of Sep. 2024)

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What is NIO Days Sales Outstanding?

NIO's average Accounts Receivable for the three months ended in Sep. 2024 was $268 Mil. NIO's Revenue for the three months ended in Sep. 2024 was $2,639 Mil. Hence, NIO's Days Sales Outstanding for the three months ended in Sep. 2024 was 9.27.

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

SGX:NIO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.66 Med: 31.39 Max: 55.77
Current: 19.83

During the past 8 years, NIO's highest Days Sales Outstanding was 55.77. The lowest was 19.66. And the median was 31.39.

SGX:NIO's Days Sales Outstanding is ranked better than
87.5% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs SGX:NIO: 19.83

NIO's Days Sales Outstanding declined from Sep. 2023 (26.67) to Sep. 2024 (9.27).

NIO Days Sales Outstanding Historical Data

The historical data trend for NIO'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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NIO Days Sales Outstanding Chart

NIO Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.51

26.77

19.66

30.30

32.48

NIO Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															26.67	26.45	37.21	13.98	9.27

Competitive Comparison of NIO's Days Sales Outstanding

For the Auto Manufacturers subindustry, NIO'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.

NIO's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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

NIO 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.

NIO'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
=	( (734.135	+	652.314)	/	2 )	/	7789.408	*	365
=	693.2245					/	7789.408	*	365
=	32.48

NIO's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (267.32	+	269.028)	/	2 )	/	2638.995	*	365 / 4
=	268.174					/	2638.995	*	365 / 4
=	9.27

NIO (SGX:NIO) Days Sales Outstanding Explanation

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

NIO Days Sales Outstanding Related Terms

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NIO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NIO Inc (SGX:NIO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NIOIF:USA NIO:USA NIO:Mexico 09866:Hong Kong 0A1K:UK N3IA:Germany N3IA:Bulgaria

Address

No. 1355, Caobao Road, Building 19, Minhang District, Shanghai, CHN

Website

https://www.nio.com

Nio is a leading electric vehicle maker, targeting the premium segment. Founded in November 2014, Nio designs, develops, jointly manufactures, and sells premium smart electric vehicles. The company differentiates itself through continuous technological breakthroughs and innovations such as battery swapping and autonomous driving technologies. Nio launched its first model, its ES8 seven-seater electric SUV, in December 2017, and began deliveries in June 2018. Its current model portfolio includes midsize to large sedans and SUVs. It sold over 160,000 EVs in 2023, accounting for about 2% of the China passenger new energy vehicle market.