8I Holdings (ASX:8IH) Days Sales Outstanding : 208.35 (As of Sep. 2023)

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What is 8I Holdings Days Sales Outstanding?

8I Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was A$0.75 Mil. 8I Holdings's Revenue for the six months ended in Sep. 2023 was A$0.65 Mil. Hence, 8I Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 208.35.

The historical rank and industry rank for 8I Holdings's Days Sales Outstanding or its related term are showing as below:

ASX:8IH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.56 Med: 15.3 Max: 47.71
Current: 47.71

During the past 8 years, 8I Holdings's highest Days Sales Outstanding was 47.71. The lowest was 6.56. And the median was 15.30.

ASX:8IH's Days Sales Outstanding is ranked worse than
62.8% of 250 companies
in the Education industry
Industry Median: 28.63 vs ASX:8IH: 47.71

8I Holdings's Days Sales Outstanding increased from Sep. 2022 (71.93) to Sep. 2023 (208.35).

8I Holdings Days Sales Outstanding Historical Data

The historical data trend for 8I 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.

8I Holdings Days Sales Outstanding Chart

8I Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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18.99

11.60

6.56

7.82

10.86

8I Holdings Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial												73.26	15.25	71.93	27.38	208.35

Competitive Comparison of 8I Holdings's Days Sales Outstanding

For the Education & Training Services subindustry, 8I 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.

8I Holdings's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, 8I Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 8I Holdings's Days Sales Outstanding falls into.

8I 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.

8I Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.956	+	0.12)	/	2 )	/	18.084	*	365
=	0.538					/	18.084	*	365
=	10.86

8I Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.12	+	1.371)	/	2 )	/	0.653	*	365 / 2
=	0.7455					/	0.653	*	365 / 2
=	208.35

8I Holdings (ASX:8IH) Days Sales Outstanding Explanation

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

8I Holdings Days Sales Outstanding Related Terms

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8I Holdings (ASX:8IH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 8I Holdings Ltd (ASX:8IH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1557 Keppel Road, No. 01-01, Singapore, SGP, 089066

Website

https://www.8iholdings.com

8I Holdings Ltd is an investment holding company. The company's operating segments include Financial Education; Financial Investment and Others. The Financial Education segment is involved in providing financial education in the discipline of value investing and supporting a community of value investors from 29 cities globally under the VI brand. It generates maximum revenue from the Financial Education segment. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia and Other countries.

8I Holdings (ASX:8IH) Headlines

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