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Network Media Group (TSXV:NTE) Days Sales Outstanding : 4.17 (As of Aug. 2024)


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What is Network Media Group Days Sales Outstanding?

Network Media Group's average Accounts Receivable for the three months ended in Aug. 2024 was C$0.13 Mil. Network Media Group's Revenue for the three months ended in Aug. 2024 was C$2.84 Mil. Hence, Network Media Group's Days Sales Outstanding for the three months ended in Aug. 2024 was 4.17.

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: 24.91

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
89.09% of 1017 companies
in the Media - Diversified industry
Industry Median: 66.12 vs TSXV:NTE: 24.91

Network Media Group's Days Sales Outstanding declined from Aug. 2023 (34.00) to Aug. 2024 (4.17).


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.

* Premium members only.

Network Media Group Days Sales Outstanding Chart

Network Media Group Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.08 27.98 41.47 18.19 60.66

Network Media Group Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 34.00 85.49 35.23 6.28 4.17

Competitive Comparison of Network Media Group's Days Sales Outstanding

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's Days Sales Outstanding Distribution in the Media - Diversified Industry

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 Aug. 2024 is calculated as:

Days Sales Outstanding (Q: Aug. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2024 ) + Accounts Receivable (A: Aug. 2024 )) / count ) / Revenue (A: Aug. 2024 )*Days in Period
=( (0.091 + 0.168) / 2 ) / 2.836*365 / 4
=0.1295 / 2.836*365 / 4
=4.17

* 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.


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 Business Description

Traded in Other Exchanges
Address
1525 West 8 Avenue, Suite 207, Vancouver, BC, CAN, V6C 1T5
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.
Executives
Alidad Pejman Director
Curtis White Senior Officer
Timothy Gamble Director
Michael Patrick Mcisaac Director

Network Media Group Headlines

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