Next Meats Holdings (Next Meats Holdings) Days Sales Outstanding : 63.01 (As of Jan. 2024)

View and export this data going back to . Start your Free Trial

What is Next Meats Holdings Days Sales Outstanding?

Next Meats Holdings's average Accounts Receivable for the three months ended in Jan. 2024 was $0.18 Mil. Next Meats Holdings's Revenue for the three months ended in Jan. 2024 was $0.27 Mil. Hence, Next Meats Holdings's Days Sales Outstanding for the three months ended in Jan. 2024 was 63.01.

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

NXMH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.75 Med: 126.64 Max: 212.53
Current: 95.19

During the past 4 years, Next Meats Holdings's highest Days Sales Outstanding was 212.53. The lowest was 40.75. And the median was 126.64.

NXMH's Days Sales Outstanding is ranked worse than
90.48% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs NXMH: 95.19

Next Meats Holdings's Days Sales Outstanding declined from Jan. 2023 (336.64) to Jan. 2024 (63.01).

Next Meats Holdings Days Sales Outstanding Historical Data

The historical data trend for Next Meats 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.

* Premium members only.

Next Meats Holdings Days Sales Outstanding Chart

Next Meats Holdings Annual Data

Trend

Apr20

Apr21

Apr22

Apr23

Days Sales Outstanding

40.75

212.53

Next Meats Holdings Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial										336.64	130.59	89.32	52.88	63.01

Competitive Comparison of Next Meats Holdings's Days Sales Outstanding

For the Packaged Foods subindustry, Next Meats 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.

Next Meats Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Next Meats Holdings's Days Sales Outstanding distribution charts can be found below:

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

Next Meats 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.

Next Meats Holdings's Days Sales Outstanding for the fiscal year that ended in Apr. 2023 is calculated as

	Days Sales Outstanding (A: Apr. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )	*	Days in Period
=	( (1.289	+	0.339)	/	2 )	/	1.398	*	365
=	0.814					/	1.398	*	365
=	212.53

Next Meats Holdings's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (0.152	+	0.214)	/	2 )	/	0.265	*	365 / 4
=	0.183					/	0.265	*	365 / 4
=	63.01

Next Meats Holdings (OTCPK:NXMH) Days Sales Outstanding Explanation

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

Next Meats Holdings Days Sales Outstanding Related Terms

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

Next Meats Holdings (Next Meats Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Next Meats Holdings Inc (OTCPK:NXMH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3F 1-16-13 Ebisu Minami Shibuya-ku, Tokyo, JPN, 150-0022

Website

https://www.nextmeats.co.jp

Next Meats Holdings Inc. is a Japanese Company that operates in the alternative meat industry. It currently offers, and plans to continue to offer, amongst other things, artificial chicken and beef products made from meat substitutes. As will be described later on, Next Meats Co., Ltd. is now a wholly-owned subsidiary of the Company.

Executives

Koichi Ishizuka	director, 10 percent owner, officer: CEO, CFO	3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd.	10 percent owner	3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Hideyuki Sasaki	director, 10 percent owner, officer: Chief Operating Officer	5-2-4 NISHI, HANYU-SHI, SAITAMA M0 348-0054
Ryo Shirai	director, 10 percent owner, other: Chairman of the Board	4-380-4- NAKAZAWA, NAGAOKA-SHI, NIIGATA M0 940-0853
Next Meats Co., Ltd	10 percent owner	3F 1-16-13 EBISU MINAMI, SHIBUYA-KU, TOKYO M0 150-0022
Flint Consulting Services, Llc	10 percent owner	780 RESERVOIR AVE #123, CRANSTON RI 029910