niiio finance group AG (STU:NIIN) Days Sales Outstanding : 22.73 (As of Jun. 2023)

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What is niiio finance group AG Days Sales Outstanding?

niiio finance group AG's average Accounts Receivable for the six months ended in Jun. 2023 was €0.51 Mil. niiio finance group AG's Revenue for the six months ended in Jun. 2023 was €4.07 Mil. Hence, niiio finance group AG's Days Sales Outstanding for the six months ended in Jun. 2023 was 22.73.

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

STU:NIIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.95 Med: 30.71 Max: 6326.67
Current: 24.1

During the past 9 years, niiio finance group AG's highest Days Sales Outstanding was 6326.67. The lowest was 12.95. And the median was 30.71.

STU:NIIN's Days Sales Outstanding is ranked better than
89.39% of 2732 companies
in the Software industry
Industry Median: 61.675 vs STU:NIIN: 24.10

niiio finance group AG's Days Sales Outstanding declined from Jun. 2022 (23.35) to Jun. 2023 (22.73).

niiio finance group AG Days Sales Outstanding Historical Data

The historical data trend for niiio finance group AG'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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niiio finance group AG Days Sales Outstanding Chart

niiio finance group AG Annual Data

Trend

Dec08

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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12.95

24.22

26.44

34.98

22.34

niiio finance group AG Semi-Annual Data
	Dec08	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial													18.85	37.50	23.35	25.96	22.73

Competitive Comparison of niiio finance group AG's Days Sales Outstanding

For the Software - Application subindustry, niiio finance group AG'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.

niiio finance group AG's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, niiio finance group AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where niiio finance group AG's Days Sales Outstanding falls into.

niiio finance group AG 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.

niiio finance group AG's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.381	+	0.541)	/	2 )	/	7.533	*	365
=	0.461					/	7.533	*	365
=	22.34

niiio finance group AG's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.541	+	0.472)	/	2 )	/	4.067	*	365 / 2
=	0.5065					/	4.067	*	365 / 2
=	22.73

niiio finance group AG (STU:NIIN) Days Sales Outstanding Explanation

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

niiio finance group AG Days Sales Outstanding Related Terms

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niiio finance group AG (STU:NIIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » niiio finance group AG (STU:NIIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NIIN:Germany

Address

Elisabethstrasse 42/43, Gorlitz, SN, DEU, 02826

Website

http://www.niiio.finance

niiio finance group AG is a technology and software company. It offers software solutions for the target groups of banks, insurance companies, asset managers, and independent financial service providers. It designs, develops, and sells Software-as-a-Service solutions such as Digital wealth management, White-Label Robo-Advisor, and an Open-banking suite of APIs. The group currently has two business areas. to develop additional business potential in the medium to long term, the team is also working on offering a marketplace/platform solution for the integration of third-party software components for digital wealth management. Another medium to longer-term development project concerns the offering of a new custody and administration infrastructure for assets based on blockchain.

Executives

Herr Johann Horch	Supervisory Board
Dr. Martin Setzer	Supervisory Board

niiio finance group AG (STU:NIIN) Headlines

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