K2 Asset Management Holdings (ASX:KAM) Days Sales Outstanding : 38.03 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is K2 Asset Management Holdings Days Sales Outstanding?

K2 Asset Management Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.51 Mil. K2 Asset Management Holdings's Revenue for the six months ended in Dec. 2023 was A$2.45 Mil. Hence, K2 Asset Management Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 38.03.

The historical rank and industry rank for K2 Asset Management Holdings's Days Sales Outstanding or its related term are showing as below:

ASX:KAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.98 Med: 92.19 Max: 345.87
Current: 68.31

During the past 13 years, K2 Asset Management Holdings's highest Days Sales Outstanding was 345.87. The lowest was 33.98. And the median was 92.19.

ASX:KAM's Days Sales Outstanding is ranked worse than
60.79% of 505 companies
in the Asset Management industry
Industry Median: 50.85 vs ASX:KAM: 68.31

K2 Asset Management Holdings's Days Sales Outstanding declined from Dec. 2022 (50.21) to Dec. 2023 (38.03).

K2 Asset Management Holdings Days Sales Outstanding Historical Data

The historical data trend for K2 Asset Management 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.

K2 Asset Management Holdings Days Sales Outstanding Chart

K2 Asset Management Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

37.43

41.40

97.08

260.55

103.87

K2 Asset Management Holdings 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															195.31	224.62	50.21	-	38.03

Competitive Comparison of K2 Asset Management Holdings's Days Sales Outstanding

For the Asset Management subindustry, K2 Asset Management 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.

K2 Asset Management Holdings's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, K2 Asset Management Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where K2 Asset Management Holdings's Days Sales Outstanding falls into.

K2 Asset Management 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.

K2 Asset Management Holdings'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
=	( (0.193	+	0.239)	/	2 )	/	0.759	*	365
=	0.216					/	0.759	*	365
=	103.87

K2 Asset Management Holdings'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
=	( (0.239	+	0.783)	/	2 )	/	2.452	*	365 / 2
=	0.511					/	2.452	*	365 / 2
=	38.03

K2 Asset Management Holdings (ASX:KAM) Days Sales Outstanding Explanation

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

K2 Asset Management Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of K2 Asset Management Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

K2 Asset Management Holdings (ASX:KAM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » K2 Asset Management Holdings Ltd (ASX:KAM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Collins Street, Level 32, Melbourne, VIC, AUS, 3000

Website

https://www.k2am.com.au

K2 Asset Management Holdings Ltd is an Australia-based fund holding company specializing in managing funds for retail, wholesale, and institutional investors. The firm invests in the public equity markets across the globe. It manages equity mutual funds for its clients. The company gets a majority of its revenue from management and performance fees.

K2 Asset Management Holdings (ASX:KAM) Headlines

No Headlines