Novus Holdings (JSE:NVS) Days Sales Outstanding : 56.68 (As of Sep. 2023)

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What is Novus Holdings Days Sales Outstanding?

Novus Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was R628 Mil. Novus Holdings's Revenue for the six months ended in Sep. 2023 was R2,022 Mil. Hence, Novus Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 56.68.

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

JSE:NVS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.95 Med: 45.67 Max: 56.44
Current: 56.44

During the past 10 years, Novus Holdings's highest Days Sales Outstanding was 56.44. The lowest was 21.95. And the median was 45.67.

JSE:NVS's Days Sales Outstanding is ranked better than
52.84% of 1037 companies
in the Business Services industry
Industry Median: 58.74 vs JSE:NVS: 56.44

Novus Holdings's Days Sales Outstanding increased from Sep. 2022 (52.23) to Sep. 2023 (56.68).

Novus Holdings Days Sales Outstanding Historical Data

The historical data trend for Novus Holdings'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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Novus Holdings Days Sales Outstanding Chart

Novus Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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54.40

49.61

56.08

45.69

48.99

Novus Holdings 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															79.09	79.58	52.23	51.49	56.68

Competitive Comparison of Novus Holdings's Days Sales Outstanding

For the Specialty Business Services subindustry, Novus Holdings'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.

Novus Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Novus Holdings's Days Sales Outstanding distribution charts can be found below:

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

Novus Holdings 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.

Novus Holdings'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
=	( (367.38	+	490.439)	/	2 )	/	3195.625	*	365
=	428.9095					/	3195.625	*	365
=	48.99

Novus Holdings'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
=	( (490.439	+	765.721)	/	2 )	/	2022.284	*	365 / 2
=	628.08					/	2022.284	*	365 / 2
=	56.68

Novus Holdings (JSE:NVS) Days Sales Outstanding Explanation

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

Novus Holdings Days Sales Outstanding Related Terms

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Novus Holdings (JSE:NVS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Novus Holdings Ltd (JSE:NVS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N09:Germany

Address

10 Freedom Way, Marconi Beam, Montague Gardens, Milnerton, Cape Town, WC, ZAF, 7441

Website

https://www.novus.holdings

Novus Holdings Ltd services South Africa and the African continent through its print production of all short to long-run requirements of educational materials, magazines, retail inserts, catalogs, books, newspapers, and commercial work, as well as security and digital printing. The company's reportable segment comprises Printing, Education, and Packaging where printing includes gravure, headset, coldest, sheet-fed, and digital, education contains educational content and packaging includes labels and flexible packaging. Other includes non-print or packaging products. The Majority of the firm's revenue is derived from the Printing segment.