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AJ Bell (LSE:AJB) Days Sales Outstanding : 45.86 (As of Mar. 2024)


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What is AJ Bell Days Sales Outstanding?

AJ Bell's average Accounts Receivable for the six months ended in Mar. 2024 was £33.0 Mil. AJ Bell's Revenue for the six months ended in Mar. 2024 was £131.3 Mil. Hence, AJ Bell's Days Sales Outstanding for the six months ended in Mar. 2024 was 45.86.

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

LSE:AJB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.03   Med: 7.38   Max: 64.83
Current: 64.83

During the past 8 years, AJ Bell's highest Days Sales Outstanding was 64.83. The lowest was 4.03. And the median was 7.38.

LSE:AJB's Days Sales Outstanding is ranked worse than
59.17% of 507 companies
in the Asset Management industry
Industry Median: 50.85 vs LSE:AJB: 64.83

AJ Bell's Days Sales Outstanding declined from Mar. 2023 (59.24) to Mar. 2024 (45.86).


AJ Bell Days Sales Outstanding Historical Data

The historical data trend for AJ Bell'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.

AJ Bell Days Sales Outstanding Chart

AJ Bell Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial 8.23 6.52 5.41 5.04 4.03

AJ Bell Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.04 43.53 59.24 53.87 45.86

Competitive Comparison of AJ Bell's Days Sales Outstanding

For the Asset Management subindustry, AJ Bell'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.


AJ Bell's Days Sales Outstanding Distribution in the Asset Management Industry

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

* The bar in red indicates where AJ Bell's Days Sales Outstanding falls into.



AJ Bell 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.

AJ Bell's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (2.207 + 2.613) / 2 ) / 218.234*365
=2.41 / 218.234*365
=4.03

AJ Bell's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (2.613 + 63.351) / 2 ) / 131.254*365 / 2
=32.982 / 131.254*365 / 2
=45.86

* 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.


AJ Bell  (LSE:AJB) Days Sales Outstanding Explanation

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


AJ Bell Days Sales Outstanding Related Terms

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AJ Bell (LSE:AJB) Business Description

Traded in Other Exchanges
Address
4 Exchange Quay, Salford Quays, Manchester, GBR, M5 3EE
AJ Bell PLC is an investment platform in the United Kingdom. The company's core products are SIPPs, ISAs, and Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from Recurring ad valorem which includes custody fees, interest income and investment management fees; and transactional.

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