Bidvest Group (JSE:BVT) Days Sales Outstanding : 48.43 (As of Dec. 2023)

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What is Bidvest Group Days Sales Outstanding?

Bidvest Group's average Accounts Receivable for the six months ended in Dec. 2023 was R16,495 Mil. Bidvest Group's Revenue for the six months ended in Dec. 2023 was R62,163 Mil. Hence, Bidvest Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 48.43.

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

JSE:BVT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.04 Med: 43.72 Max: 99.51
Current: 51.25

During the past 13 years, Bidvest Group's highest Days Sales Outstanding was 99.51. The lowest was 35.04. And the median was 43.72.

JSE:BVT's Days Sales Outstanding is ranked better than
61.21% of 495 companies
in the Conglomerates industry
Industry Median: 61.07 vs JSE:BVT: 51.25

Bidvest Group's Days Sales Outstanding declined from Dec. 2022 (48.94) to Dec. 2023 (48.43).

Bidvest Group Days Sales Outstanding Historical Data

The historical data trend for Bidvest 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.

Bidvest Group Days Sales Outstanding Chart

Bidvest Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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44.41

45.95

42.92

43.95

43.49

Bidvest 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															47.80	52.26	48.94	50.20	48.43

Competitive Comparison of Bidvest Group's Days Sales Outstanding

For the Conglomerates subindustry, Bidvest 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.

Bidvest Group's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Bidvest Group's Days Sales Outstanding distribution charts can be found below:

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

Bidvest 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.

Bidvest 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
=	( (13127.629	+	14257.024)	/	2 )	/	114911.518	*	365
=	13692.3265					/	114911.518	*	365
=	43.49

Bidvest 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
=	( (14257.024	+	18733.22)	/	2 )	/	62163.306	*	365 / 2
=	16495.122					/	62163.306	*	365 / 2
=	48.43

Bidvest Group (JSE:BVT) Days Sales Outstanding Explanation

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

Bidvest Group Days Sales Outstanding Related Terms

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Bidvest Group (JSE:BVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Bidvest Group Ltd (JSE:BVT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BDVSY:USA NQL1:Germany

Address

18 Crescent Drive, Bidvest House, Melrose Arch, Melrose, Johannesburg, GT, ZAF, 2196

Website

https://www.bidvest.com

Bidvest Group Ltd is a South African distribution, manufacturing, and services company. The Group principally generates revenue from providing a wide range of goods and services through its segments; Services International, Services South Africa, Freight, Commercial Products, Branded Products, Financial Services and Automotive, Adcock Ingram, Properties and Corporate and Investments. The company earns majority of its revenue from Services International.

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