Get Nice Financial Group (HKSE:01469) Days Sales Outstanding : 2,176.44 (As of Sep. 2023)

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What is Get Nice Financial Group Days Sales Outstanding?

Get Nice Financial Group's average Accounts Receivable for the six months ended in Sep. 2023 was HK$2,006.4 Mil. Get Nice Financial Group's Revenue for the six months ended in Sep. 2023 was HK$168.2 Mil. Hence, Get Nice Financial Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 2,176.44.

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

HKSE:01469' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2489.52 Med: 3185.27 Max: 6979.52
Current: 2489.52

During the past 11 years, Get Nice Financial Group's highest Days Sales Outstanding was 6979.52. The lowest was 2489.52. And the median was 3185.27.

HKSE:01469's Days Sales Outstanding is ranked worse than
96.61% of 561 companies
in the Capital Markets industry
Industry Median: 62.37 vs HKSE:01469: 2489.52

Get Nice Financial Group's Days Sales Outstanding declined from Sep. 2022 (2,908.51) to Sep. 2023 (2,176.44).

Get Nice Financial Group Days Sales Outstanding Historical Data

The historical data trend for Get Nice Financial 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.

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Get Nice Financial Group Days Sales Outstanding Chart

Get Nice Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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3,556.24

3,593.20

3,455.47

3,333.65

2,656.50

Get Nice Financial Group Semi-Annual Data
	Mar13	Mar14	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															3,261.94	3,300.16	2,908.51	2,716.33	2,176.44

Competitive Comparison of Get Nice Financial Group's Days Sales Outstanding

For the Capital Markets subindustry, Get Nice Financial 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.

Get Nice Financial Group's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Get Nice Financial Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Get Nice Financial Group's Days Sales Outstanding falls into.

Get Nice Financial 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.

Get Nice Financial Group'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
=	( (2826.396	+	2079.209)	/	2 )	/	337.012	*	365
=	2452.8025					/	337.012	*	365
=	2,656.50

Get Nice Financial Group'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
=	( (2079.209	+	1933.645)	/	2 )	/	168.244	*	365 / 2
=	2006.427					/	168.244	*	365 / 2
=	2,176.44

Get Nice Financial Group (HKSE:01469) Days Sales Outstanding Explanation

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

Get Nice Financial Group Days Sales Outstanding Related Terms

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Get Nice Financial Group (HKSE:01469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Get Nice Financial Group Ltd (HKSE:01469) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, 10th Floor Cosco Tower, Grand Millennium Plaza, Hong Kong, HKG

Website

https://www.getnicefg.com.hk

Get Nice Financial Group Ltd is an investment holding company. The company's segment includes Broking; Securities margin financing; Corporate finance; Asset Management and Investments. The company generates maximum revenue from the Securities margin financing segment. Geographically, the company derives a majority of its revenue from Hong Kong.

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