RooLife Group (ASX:RLG) Days Sales Outstanding : 93.08 (As of Dec. 2023)

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What is RooLife Group Days Sales Outstanding?

RooLife Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$3.61 Mil. RooLife Group's Revenue for the six months ended in Dec. 2023 was A$7.09 Mil. Hence, RooLife Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 93.08.

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

ASX:RLG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.32 Med: 49.47 Max: 112.96
Current: 91.83

During the past 6 years, RooLife Group's highest Days Sales Outstanding was 112.96. The lowest was 29.32. And the median was 49.47.

ASX:RLG's Days Sales Outstanding is ranked worse than
72.97% of 2734 companies
in the Software industry
Industry Median: 61.68 vs ASX:RLG: 91.83

RooLife Group's Days Sales Outstanding increased from Dec. 2022 (91.95) to Dec. 2023 (93.08).

Warning Sign:

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

RooLife Group Days Sales Outstanding Historical Data

The historical data trend for RooLife 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.

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RooLife Group Days Sales Outstanding Chart

RooLife Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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96.68

45.39

29.32

53.54

112.96

RooLife Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									56.11	80.31	91.95	97.76	93.08

Competitive Comparison of RooLife Group's Days Sales Outstanding

For the Software - Application subindustry, RooLife 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.

RooLife Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, RooLife Group's Days Sales Outstanding distribution charts can be found below:

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

RooLife 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.

RooLife 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
=	( (3.875	+	3.751)	/	2 )	/	12.321	*	365
=	3.813					/	12.321	*	365
=	112.96

RooLife 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
=	( (3.751	+	3.476)	/	2 )	/	7.085	*	365 / 2
=	3.6135					/	7.085	*	365 / 2
=	93.08

RooLife Group (ASX:RLG) Days Sales Outstanding Explanation

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

RooLife Group Days Sales Outstanding Related Terms

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RooLife Group (ASX:RLG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » RooLife Group Ltd (ASX:RLG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1138 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.roolifegroup.com.au

RooLife Group Ltd is engaged in the provision of fully integrated digital marketing and customer acquisition services driving online sales of products and services. Powered by its hyper-personalization and profiling Artificial Intelligence System, the company provides personalized real-time, targeted marketing, with a key focus on driving sales via its e-commerce marketplaces, enabling businesses to sell directly to Chinese consumers and accept payment via the WeChat and Alipay mobile payments platforms. Geographically, the company generates maximum revenue from China.

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