CAR Group (ASX:CAR) Days Sales Outstanding : 44.98 (As of Dec. 2023)

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What is CAR Group Days Sales Outstanding?

CAR Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$130.9 Mil. CAR Group's Revenue for the six months ended in Dec. 2023 was A$531.0 Mil. Hence, CAR Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 44.98.

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

ASX:CAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.34 Med: 37.96 Max: 50.31
Current: 41.75

During the past 13 years, CAR Group's highest Days Sales Outstanding was 50.31. The lowest was 31.34. And the median was 37.96.

ASX:CAR's Days Sales Outstanding is ranked better than
56.57% of 571 companies
in the Interactive Media industry
Industry Median: 44.79 vs ASX:CAR: 41.75

CAR Group's Days Sales Outstanding increased from Dec. 2022 (33.05) to Dec. 2023 (44.98).

CAR Group Days Sales Outstanding Historical Data

The historical data trend for CAR Group'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.

CAR Group Days Sales Outstanding Chart

CAR Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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46.37

43.06

35.13

31.34

36.72

CAR Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															35.43	33.31	33.05	37.83	44.98

Competitive Comparison of CAR Group's Days Sales Outstanding

For the Internet Content & Information subindustry, CAR Group'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.

CAR Group's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CAR Group's Days Sales Outstanding distribution charts can be found below:

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

CAR Group 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.

CAR Group'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
=	( (45.525	+	111.647)	/	2 )	/	781.236	*	365
=	78.586					/	781.236	*	365
=	36.72

CAR Group'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
=	( (111.647	+	150.078)	/	2 )	/	530.964	*	365 / 2
=	130.8625					/	530.964	*	365 / 2
=	44.98

CAR Group (ASX:CAR) Days Sales Outstanding Explanation

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

CAR Group Days Sales Outstanding Related Terms

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CAR Group (ASX:CAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CAR Group Ltd (ASX:CAR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CSXXY:USA

Address

449 Punt Road, Level 4, Richmond, VIC, AUS, 3121

Website

https://www.cargroup.com

CAR Group is a technology company operating in the motor vehicles sector. CAR Group's primary business is its Australian online marketplace for automotive, www.carsales.com.au. It is the dominant online automotive marketplace in Australia, at around nine times total time spent compared with its nearest competitor. CAR Group also owns and operates businesses in various geographic, category and product adjacencies, including online marketplaces for automotive in South Korea and Latin America, nonautomotive online marketplaces in Australia and the United States, and data and replacement parts businesses.