Able View Global (Able View Global) Days Sales Outstanding : 42.54 (As of Dec. 2023)

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What is Able View Global Days Sales Outstanding?

Able View Global's average Accounts Receivable for the six months ended in Dec. 2023 was $15.7 Mil. Able View Global's Revenue for the six months ended in Dec. 2023 was $67.3 Mil. Hence, Able View Global's Days Sales Outstanding for the six months ended in Dec. 2023 was 42.54.

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

ABLV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.43 Med: 33.37 Max: 43.62
Current: 42.89

During the past 4 years, Able View Global's highest Days Sales Outstanding was 43.62. The lowest was 24.43. And the median was 33.37.

ABLV's Days Sales Outstanding is ranked better than
73.59% of 1026 companies
in the Media - Diversified industry
Industry Median: 68.15 vs ABLV: 42.89

Able View Global's Days Sales Outstanding increased from Dec. 2022 (40.16) to Dec. 2023 (42.54).

Able View Global Days Sales Outstanding Historical Data

The historical data trend for Able View Global'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.

Able View Global Days Sales Outstanding Chart

Able View Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

27.09

24.43

39.64

43.62

Able View Global Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			27.43	39.67	40.16	42.52	42.54

Competitive Comparison of Able View Global's Days Sales Outstanding

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Able View Global's Days Sales Outstanding falls into.

Able View Global 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.

Able View Global'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
=	( (21.138	+	14.476)	/	2 )	/	149	*	365
=	17.807					/	149	*	365
=	43.62

Able View Global'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16.913	+	14.476)	/	2 )	/	67.336	*	365 / 2
=	15.6945					/	67.336	*	365 / 2
=	42.54

Able View Global (NAS:ABLV) Days Sales Outstanding Explanation

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

Able View Global Days Sales Outstanding Related Terms

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Able View Global (Able View Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001

Website

Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing strategy, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various global brand owners to Chinese consumers.

Able View Global (Able View Global) Headlines

From GuruFocus

Able View Global Inc. Reports Fiscal Year 2023 Results

By ACCESSWIRE • 05-01-2024