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NFT (MI) Days Sales Outstanding : 13.65 (As of Jun. 2023)


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What is NFT Days Sales Outstanding?

NFT's average Accounts Receivable for the three months ended in Jun. 2023 was $0.09 Mil. NFT's Revenue for the three months ended in Jun. 2023 was $0.58 Mil. Hence, NFT's Days Sales Outstanding for the three months ended in Jun. 2023 was 13.65.

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

MI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.66   Med: 59.99   Max: 365
Current: 8.89

During the past 13 years, NFT's highest Days Sales Outstanding was 365.00. The lowest was 7.66. And the median was 59.99.

MI's Days Sales Outstanding is ranked better than
67.72% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.49 vs MI: 8.89

NFT's Days Sales Outstanding declined from Jun. 2022 (15.65) to Jun. 2023 (13.65).

NFT Days Sales Outstanding Historical Data

The historical data trend for NFT'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.

* Premium members only.

NFT Days Sales Outstanding Chart

NFT Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.46 65.45 - 365.00 11.04

NFT Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.65 - 7.31 11.21 13.65

Competitive Comparison of NFT's Days Sales Outstanding

For the Internet Retail subindustry, NFT'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.

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

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

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


NFT 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.

NFT's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0.12 + 0.086) / 2 ) / 3.404*365
=0.103 / 3.404*365
=11.04

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

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (0.086 + 0) / 1 ) / 0.575*365 / 4
=0.086 / 0.575*365 / 4
=13.65

* 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.

NFT  (AMEX:MI) Days Sales Outstanding Explanation

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

NFT Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of NFT's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

NFT (MI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » NFT Ltd (AMEX:MI) » Definitions » Days Sales Outstanding
Comparable Companies
PIK OCG JWEL JFBR ASAP WNW IPW YJ MOGU AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320
Traded in Other Exchanges
N/A
Address
45-47 Au Pui Wan Street, Flat H 3rd Floor, Haribest Industrial Building, Sha Tin, Hong Kong, HKG
Website
https://www.takungae.com
NFT Ltd Formerly Takung Art Co Ltd operates an online electronic platform for offering and trading artwork. Through its platform, the company allows artists/art dealers/owners to access a much bigger art trading market where artists can engage with a wide range of investors. Its platform also invests in high-end artwork accessible to ordinary people without financial resources. The company's trading platforms comprise the sale of calligraphies and paintings, jewelry, and precious stones. It generates revenue in the form of services in connection with the offering and trading of artwork on its system, consisting of listing fees, trading commissions, and management fees.
Executives
Li Kwok Leung Paul officer: Chief Executive Officer ROOM 709 TOWER 2, ADMIRALTY CENTRE, 18 HARCOURT ROAD, ADMIRALTY, HONG KONG K3 00000
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Tracy Chui-kam Ng officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON, HONG KONG K3 00000
Li Lv director ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Xiaoyu Zhang director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Yang Zhihua officer: Chief Executive Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jing Wang officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, KOWLOON K3 999077
Hui Ngai Ma 10 percent owner 2A, BLOCK H3, CHI FU FA YUEN, POK FU LAM, HONG KONG K3 000000
Jian Xiao director, 10 percent owner C/O TAKUNG ART CO., LTD, 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Fang Mu officer: Chief Executive Officer 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Tianjian Long Shun Inv 10 percent owner SHAZHUANG VILLAGE, SHUANGJIE TOWN, BEICHEN DISTRICT, TIANJIN CITY F4 300400
Ming Cheng director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Chow Chun Hin Leslie officer: Chief Financial Officer FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG F4 00000
Zishen Li director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG NY 00000