Nova Wellness Group Bhd (XKLS:0201) Days Sales Outstanding : 175.15 (As of Dec. 2023)

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What is Nova Wellness Group Bhd Days Sales Outstanding?

Nova Wellness Group Bhd's average Accounts Receivable for the three months ended in Dec. 2023 was RM19.61 Mil. Nova Wellness Group Bhd's Revenue for the three months ended in Dec. 2023 was RM10.22 Mil. Hence, Nova Wellness Group Bhd's Days Sales Outstanding for the three months ended in Dec. 2023 was 175.15.

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

XKLS:0201' s Days Sales Outstanding Range Over the Past 10 Years
Min: 101.29 Med: 119.85 Max: 178.14
Current: 178.14

During the past 9 years, Nova Wellness Group Bhd's highest Days Sales Outstanding was 178.14. The lowest was 101.29. And the median was 119.85.

XKLS:0201's Days Sales Outstanding is ranked worse than
96.14% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs XKLS:0201: 178.14

Nova Wellness Group Bhd's Days Sales Outstanding increased from Dec. 2022 (145.61) to Dec. 2023 (175.15).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Nova Wellness Group Bhd Days Sales Outstanding Historical Data

The historical data trend for Nova Wellness Group Bhd'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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Nova Wellness Group Bhd Days Sales Outstanding Chart

Nova Wellness Group Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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117.36

101.29

105.19

108.01

148.85

Nova Wellness Group Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															145.61	174.65	188.61	181.49	175.15

Competitive Comparison of Nova Wellness Group Bhd's Days Sales Outstanding

For the Packaged Foods subindustry, Nova Wellness Group Bhd'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.

Nova Wellness Group Bhd's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nova Wellness Group Bhd's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nova Wellness Group Bhd's Days Sales Outstanding falls into.

Nova Wellness Group Bhd 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.

Nova Wellness Group Bhd's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (15.686	+	21.453)	/	2 )	/	45.534	*	365
=	18.5695					/	45.534	*	365
=	148.85

Nova Wellness Group Bhd'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
=	( (20.096	+	19.129)	/	2 )	/	10.218	*	365 / 4
=	19.6125					/	10.218	*	365 / 4
=	175.15

Nova Wellness Group Bhd (XKLS:0201) Days Sales Outstanding Explanation

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

Nova Wellness Group Bhd Days Sales Outstanding Related Terms

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Nova Wellness Group Bhd (XKLS:0201) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Nova Wellness Group Bhd (XKLS:0201) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lot 708, Nova Avenue, Sepang, Sungai Pelek, SGR, MYS, 43950

Website

https://www.nova.my

Nova Wellness Group Bhd is engaged in development, production and sale of nutraceutical products and skincare products and providing contact manufacture of nutraceutical products. Natural Supplements, Nova Kids, Nutritional Products, Health Foods, Medical Nutrition, Personal Care, Personal Protection, Gift Of Health and Aromatherapy. The company operates into two segments; House-brand products segment and contract manufacturing and service segment. Maximum revenue is generated from House-brand products segment.

Nova Wellness Group Bhd (XKLS:0201) Headlines

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