Coles Group (ASX:COL) Days Sales Outstanding : 4.19 (As of Dec. 2023)

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What is Coles Group Days Sales Outstanding?

Coles Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$512 Mil. Coles Group's Revenue for the six months ended in Dec. 2023 was A$22,274 Mil. Hence, Coles Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 4.19.

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

ASX:COL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.61 Med: 3.25 Max: 4.35
Current: 4.35

During the past 6 years, Coles Group's highest Days Sales Outstanding was 4.35. The lowest was 2.61. And the median was 3.25.

ASX:COL's Days Sales Outstanding is ranked better than
83.06% of 307 companies
in the Retail - Defensive industry
Industry Median: 24.35 vs ASX:COL: 4.35

Coles Group's Days Sales Outstanding increased from Dec. 2022 (3.76) to Dec. 2023 (4.19).

Coles Group Days Sales Outstanding Historical Data

The historical data trend for Coles 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.

Coles Group Days Sales Outstanding Chart

Coles Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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3.76

2.61

2.95

3.25

3.86

Coles Group Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						2.88	3.51	3.76	4.39	4.19

Competitive Comparison of Coles Group's Days Sales Outstanding

For the Grocery Stores subindustry, Coles 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.

Coles Group's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Coles Group's Days Sales Outstanding distribution charts can be found below:

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

Coles 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.

Coles 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
=	( (386	+	470)	/	2 )	/	40483	*	365
=	428					/	40483	*	365
=	3.86

Coles 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
=	( (470	+	553)	/	2 )	/	22274	*	365 / 2
=	511.5					/	22274	*	365 / 2
=	4.19

Coles Group (ASX:COL) Days Sales Outstanding Explanation

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

Coles Group Days Sales Outstanding Related Terms

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Coles Group (ASX:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Coles Group Ltd (ASX:COL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CLEGF:USA 2OF:Germany

Address

800-838 Toorak Road, Hawthorn East, Melbourne, VIC, AUS, 3123

Website

https://www.colesgroup.com.au

Coles Group Limited is one of Australia's largest retailers, operating the second-largest supermarket chain behind market leader Woolworths, and is the country's third-largest liquor retailer. The group has an extensive store network of about 2,500 store outlets and roughly 80% of Australian live within a 10-minute drive from their nearest Coles store. The retailer employs some 110,000 people, who process over 20 million individual customer transactions a week. This compares with Woolworths processing almost 30 million customer transactions per week from Australia's population of 25 million.