NEO Finance AB (OVSE:NEOFI) Days Sales Outstanding : 66.15 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is NEO Finance AB Days Sales Outstanding?

NEO Finance AB's average Accounts Receivable for the three months ended in Dec. 2023 was €0.97 Mil. NEO Finance AB's Revenue for the three months ended in Dec. 2023 was €1.34 Mil. Hence, NEO Finance AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.15.

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

OVSE:NEOFI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.67 Med: 72.51 Max: 181.36
Current: 45.67

During the past 7 years, NEO Finance AB's highest Days Sales Outstanding was 181.36. The lowest was 45.67. And the median was 72.51.

OVSE:NEOFI's Days Sales Outstanding is ranked worse than
51.7% of 265 companies
in the Credit Services industry
Industry Median: 42.73 vs OVSE:NEOFI: 45.67

NEO Finance AB's Days Sales Outstanding increased from Dec. 2022 (57.77) to Dec. 2023 (66.15).

NEO Finance AB Days Sales Outstanding Historical Data

The historical data trend for NEO Finance AB'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.

NEO Finance AB Days Sales Outstanding Chart

NEO Finance AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

50.92

81.51

72.51

65.30

95.41

NEO Finance AB Quarterly Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												57.77	36.22	12.14	13.01	66.15

Competitive Comparison of NEO Finance AB's Days Sales Outstanding

For the Credit Services subindustry, NEO Finance AB'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.

NEO Finance AB's Days Sales Outstanding Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, NEO Finance AB's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where NEO Finance AB's Days Sales Outstanding falls into.

NEO Finance AB 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.

NEO Finance AB's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.666	+	1.752)	/	2 )	/	4.625	*	365
=	1.209					/	4.625	*	365
=	95.41

NEO Finance AB's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.185	+	1.752)	/	2 )	/	1.336	*	365 / 4
=	0.9685					/	1.336	*	365 / 4
=	66.15

NEO Finance AB (OVSE:NEOFI) Days Sales Outstanding Explanation

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

NEO Finance AB Days Sales Outstanding Related Terms

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

NEO Finance AB (OVSE:NEOFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » NEO Finance AB (OVSE:NEOFI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

A. Vivulskio Street 7, Vilnius, LTU, LT-03162

Website

https://www.neofinance.com

NEO Finance AB is engaged in peer-to-peer lending services. It owns and operates a Peer-to-peer lending platform that enables retail Lenders to lend money directly to retail borrowers. The company generates its revenues via the lending platform in two main ways: intermediary fee charged from borrowers on installments made and by interest made by co-investing with lenders.

NEO Finance AB (OVSE:NEOFI) Headlines

No Headlines