Crown Paints Kenya (NAI:CRWN) Days Sales Outstanding : 47.32 (As of Dec. 2022)

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What is Crown Paints Kenya Days Sales Outstanding?

Crown Paints Kenya's average Accounts Receivable for the six months ended in Dec. 2022 was KES1,477 Mil. Crown Paints Kenya's Revenue for the six months ended in Dec. 2022 was KES11,389 Mil. Hence, Crown Paints Kenya's Days Sales Outstanding for the six months ended in Dec. 2022 was 23.66.

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

NAI:CRWN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.55 Med: 57.12 Max: 69.5
Current: 47.32

During the past 13 years, Crown Paints Kenya's highest Days Sales Outstanding was 69.50. The lowest was 40.55. And the median was 57.12.

NAI:CRWN's Days Sales Outstanding is ranked better than
70.76% of 1522 companies
in the Chemicals industry
Industry Median: 63.75 vs NAI:CRWN: 47.32

Crown Paints Kenya's Days Sales Outstanding increased from Dec. 2020 (42.95) to Dec. 2022 (47.32).

Crown Paints Kenya Days Sales Outstanding Historical Data

The historical data trend for Crown Paints Kenya'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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Crown Paints Kenya Days Sales Outstanding Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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53.15

40.55

42.95

44.24

47.32

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Days Sales Outstanding	Get a 7-Day Free Trial										53.15	40.55	42.95	44.24	47.32

Competitive Comparison of Crown Paints Kenya's Days Sales Outstanding

For the Specialty Chemicals subindustry, Crown Paints Kenya'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.

Crown Paints Kenya's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Crown Paints Kenya's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Crown Paints Kenya's Days Sales Outstanding falls into.

Crown Paints Kenya 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.

Crown Paints Kenya's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1394.302	+	1558.797)	/	2 )	/	11388.808	*	365
=	1476.5495					/	11388.808	*	365
=	47.32

Crown Paints Kenya's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1394.302	+	1558.797)	/	2 )	/	11388.808	*	365 / 2
=	1476.5495					/	11388.808	*	365 / 2
=	23.66

Crown Paints Kenya (NAI:CRWN) Days Sales Outstanding Explanation

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

Crown Paints Kenya Days Sales Outstanding Related Terms

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Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.