Nissin Foods Co (FRA:4NS) Days Sales Outstanding : 44.75 (As of Dec. 2023)

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What is Nissin Foods Co Days Sales Outstanding?

Nissin Foods Co's average Accounts Receivable for the three months ended in Dec. 2023 was €50.5 Mil. Nissin Foods Co's Revenue for the three months ended in Dec. 2023 was €103.0 Mil. Hence, Nissin Foods Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.75.

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

FRA:4NS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.27 Med: 45.1 Max: 54.45
Current: 54.45

During the past 10 years, Nissin Foods Co's highest Days Sales Outstanding was 54.45. The lowest was 38.27. And the median was 45.10.

FRA:4NS's Days Sales Outstanding is ranked worse than
69.82% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.29 vs FRA:4NS: 54.45

Nissin Foods Co's Days Sales Outstanding increased from Sep. 2022 (39.97) to Dec. 2023 (44.75).

Nissin Foods Co Days Sales Outstanding Historical Data

The historical data trend for Nissin Foods Co'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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Nissin Foods Co Days Sales Outstanding Chart

Nissin Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.81

50.12

44.87

39.29

38.94

Nissin Foods Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															41.15	-	40.01	44.75	35.27

Competitive Comparison of Nissin Foods Co's Days Sales Outstanding

For the Packaged Foods subindustry, Nissin Foods Co'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.

Nissin Foods Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nissin Foods Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nissin Foods Co's Days Sales Outstanding falls into.

Nissin Foods Co 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.

Nissin Foods Co'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
=	( (52.248	+	43.779)	/	2 )	/	450.081	*	365
=	48.0135					/	450.081	*	365
=	38.94

Nissin Foods Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (57.247	+	43.779)	/	2 )	/	103	*	365 / 4
=	50.513					/	103	*	365 / 4
=	44.75

Nissin Foods Co (FRA:4NS) Days Sales Outstanding Explanation

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

Nissin Foods Co Days Sales Outstanding Related Terms

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Nissin Foods Co (FRA:4NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nissin Foods Co Ltd (FRA:4NS) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

01475:Hong Kong

Address

11-13 Dai Shun Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG

Website

https://www.nissingroup.com.hk

Nissin Foods Co Ltd is a Hong Kong-based company. The company produces and sell instant noodle, frozen food, retort foods, beverage products and snacks in Hong Kong and China. It sells its products under the brand name NISSIN, DOLL, Cup Noodles, Doll Instant Noodle, and Fuku. The company's operating segments include HK Operations and PRC Operations. It derives a majority of revenue from the PRC Operations segment.

Nissin Foods Co (FRA:4NS) Headlines

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