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New World Solutions (XCNQ:NEWS) Days Sales Outstanding : 286.19 (As of Jan. 2025)


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What is New World Solutions Days Sales Outstanding?

New World Solutions's average Accounts Receivable for the three months ended in Jan. 2025 was C$0.07 Mil. New World Solutions's Revenue for the three months ended in Jan. 2025 was C$0.02 Mil. Hence, New World Solutions's Days Sales Outstanding for the three months ended in Jan. 2025 was 286.19.

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

XCNQ:NEWS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.14   Med: 1805.28   Max: 156220
Current: 645.77

During the past 13 years, New World Solutions's highest Days Sales Outstanding was 156220.00. The lowest was 26.14. And the median was 1805.28.

XCNQ:NEWS's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 63.12 vs XCNQ:NEWS: 645.77

New World Solutions's Days Sales Outstanding increased from Jan. 2024 (0.00) to Jan. 2025 (286.19).


New World Solutions Days Sales Outstanding Historical Data

The historical data trend for New World 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.

* Premium members only.

New World Solutions Days Sales Outstanding Chart

New World Solutions Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 179.55 3,431.00 156,220.00 -

New World Solutions Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 - - 1,049.38 787.03 286.19

Competitive Comparison of New World Solutions's Days Sales Outstanding

For the Software - Application subindustry, New World 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.


New World Solutions's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, New World Solutions's Days Sales Outstanding distribution charts can be found below:

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


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New World 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.

New World Solutions's Days Sales Outstanding for the fiscal year that ended in Apr. 2024 is calculated as

Days Sales Outstanding (A: Apr. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Apr. 2024 )) / count ) / Revenue (A: Apr. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.003*365
=0 / 0.003*365
=0.00

New World Solutions's Days Sales Outstanding for the quarter that ended in Jan. 2025 is calculated as:

Days Sales Outstanding (Q: Jan. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2024 ) + Accounts Receivable (A: Jan. 2025 )) / count ) / Revenue (A: Jan. 2025 )*Days in Period
=( (0.069 + 0.069) / 2 ) / 0.022*365 / 4
=0.069 / 0.022*365 / 4
=286.19

* 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.


New World Solutions  (XCNQ:NEWS) Days Sales Outstanding Explanation

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


New World Solutions Days Sales Outstanding Related Terms

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New World Solutions Business Description

Traded in Other Exchanges
N/A
Address
2990 Arbutus Street, 2nd Floor, Vancouver, BC, CAN, V6J 3Y9Nam
New World Solutions Inc is a technology firm focused on Electric Vehicle (EV) and Blockchain technologies. That provides shareholders with exposure to various areas of Decentralized Finance (DeFi) and electric vehicle charging solutions. The group focuses on altcoins (cryptocurrencies other the Bitcoin) through its wholly owned subsidiaries Babbage Mining Corp a Proof of Stake (POS) miner, and Beyond the Moon Inc an IDO-focused company, the Company gave investors exposure to the vast emerging market of cryptocurrencies. Its segment includes the Cryptocurrencies segment and the Technology segment.
Executives
Datametrex Ai Limited 10% Security Holder
Chan Park Director
Paul Haber Director

New World Solutions Headlines

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