Nictus (JSE:NCS) Days Sales Outstanding : 2,609.56 (As of Sep. 2023)

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What is Nictus Days Sales Outstanding?

Nictus's average Accounts Receivable for the six months ended in Sep. 2023 was R203.75 Mil. Nictus's Revenue for the six months ended in Sep. 2023 was R14.25 Mil. Hence, Nictus's Days Sales Outstanding for the six months ended in Sep. 2023 was 2,609.56.

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

JSE:NCS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1120.69 Med: 2564.58 Max: 2989.71
Current: 2002.27

During the past 13 years, Nictus's highest Days Sales Outstanding was 2989.71. The lowest was 1120.69. And the median was 2564.58.

JSE:NCS's Days Sales Outstanding is ranked worse than
99.54% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.49 vs JSE:NCS: 2002.27

Nictus's Days Sales Outstanding declined from Sep. 2022 (4,000.25) to Sep. 2023 (2,609.56).

Nictus Days Sales Outstanding Historical Data

The historical data trend for Nictus'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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Nictus Days Sales Outstanding Chart

Nictus Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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2,870.54

2,989.71

2,456.21

2,895.16

2,969.95

Nictus Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															3,332.29	2,345.23	4,000.25	2,162.86	2,609.56

Competitive Comparison of Nictus's Days Sales Outstanding

For the Specialty Retail subindustry, Nictus'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.

Nictus's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Nictus's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nictus's Days Sales Outstanding falls into.

Nictus 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.

Nictus's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (361.162	+	395.239)	/	2 )	/	46.48	*	365
=	378.2005					/	46.48	*	365
=	2,969.95

Nictus's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (395.239	+	12.252)	/	2 )	/	14.249	*	365 / 2
=	203.7455					/	14.249	*	365 / 2
=	2,609.56

Nictus (JSE:NCS) Days Sales Outstanding Explanation

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

Nictus Days Sales Outstanding Related Terms

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Nictus (JSE:NCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nictus Ltd (JSE:NCS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Block C, 1st Floor, 392 Main Road, The Main Straight Office Park, Bryanston, ZAF, 2191

Website

http://www.nictuslimited.co.za

Nictus Ltd operates as a retailer of household furniture, electrical appliances, and home electronics through the Nictus Furnishers brand and a short-term insurer through the Corporate Guarantee brand. The company owns three furniture retail stores located in Makhado, Polokwane and Randburg, South Africa. It operates in two segments namely Furniture segment and Insurance and Finance segment provides short-term insurance. Majority of the revenue is derived from the retailing of furniture and other products.

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