Nirvana Development PCL (BKK:NVD) Days Sales Outstanding : 19.39 (As of Mar. 2024)

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What is Nirvana Development PCL Days Sales Outstanding?

Nirvana Development PCL's average Accounts Receivable for the three months ended in Mar. 2024 was ฿66 Mil. Nirvana Development PCL's Revenue for the three months ended in Mar. 2024 was ฿310 Mil. Hence, Nirvana Development PCL's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.39.

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

BKK:NVD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.25 Med: 15.57 Max: 77.21
Current: 14.05

During the past 10 years, Nirvana Development PCL's highest Days Sales Outstanding was 77.21. The lowest was 4.25. And the median was 15.57.

BKK:NVD's Days Sales Outstanding is ranked better than
70.62% of 1668 companies
in the Real Estate industry
Industry Median: 36.52 vs BKK:NVD: 14.05

Nirvana Development PCL's Days Sales Outstanding increased from Mar. 2023 (12.10) to Mar. 2024 (19.39).

Nirvana Development PCL Days Sales Outstanding Historical Data

The historical data trend for Nirvana Development PCL'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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Nirvana Development PCL Days Sales Outstanding Chart

Nirvana Development PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.58

14.55

4.25

6.35

11.18

Nirvana Development PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															12.10	14.39	12.27	12.62	19.39

Competitive Comparison of Nirvana Development PCL's Days Sales Outstanding

For the Real Estate Services subindustry, Nirvana Development PCL'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.

Nirvana Development PCL's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirvana Development PCL's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nirvana Development PCL's Days Sales Outstanding falls into.

Nirvana Development PCL 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.

Nirvana Development PCL'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
=	( (58.565	+	64.184)	/	2 )	/	2003.855	*	365
=	61.3745					/	2003.855	*	365
=	11.18

Nirvana Development PCL's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (64.184	+	67.786)	/	2 )	/	310.468	*	365 / 4
=	65.985					/	310.468	*	365 / 4
=	19.39

Nirvana Development PCL (BKK:NVD) Days Sales Outstanding Explanation

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

Nirvana Development PCL Days Sales Outstanding Related Terms

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Nirvana Development PCL (BKK:NVD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Nirvana Development PCL (BKK:NVD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

343/351 Prasert Manukit Road, Nuanchan Sub-district, Buengkum District, Bangkok, THA, 10230

Website

https://www.nirvanadevelopment.co.th

Nirvana Development PCL is engaged in the development of real estate for sale, construction services, and distribution of precast concrete products in Thailand. The operating business segments of the company are Real estate, Construction Services, and Others. The Real estate segment generates the majority of the revenue for the company.