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REA Group (ASX:REA) Days Sales Outstanding : 40.85 (As of Dec. 2023)


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What is REA Group Days Sales Outstanding?

REA Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$190 Mil. REA Group's Revenue for the six months ended in Dec. 2023 was A$848 Mil. Hence, REA Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 40.85.

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

ASX:REA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.56   Med: 42.5   Max: 50.78
Current: 42.37

During the past 13 years, REA Group's highest Days Sales Outstanding was 50.78. The lowest was 33.56. And the median was 42.50.

ASX:REA's Days Sales Outstanding is ranked better than
54.62% of 573 companies
in the Interactive Media industry
Industry Median: 45.02 vs ASX:REA: 42.37

REA Group's Days Sales Outstanding increased from Dec. 2022 (35.21) to Dec. 2023 (40.85).


REA Group Days Sales Outstanding Historical Data

The historical data trend for REA 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.

REA Group Days Sales Outstanding Chart

REA Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.46 41.83 39.68 33.56 36.10

REA 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.70 38.10 35.21 39.21 40.85

Competitive Comparison of REA Group's Days Sales Outstanding

For the Internet Content & Information subindustry, REA 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.


REA Group's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, REA Group's Days Sales Outstanding distribution charts can be found below:

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



REA 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.

REA 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
=( (137.4 + 138) / 2 ) / 1392.4*365
=137.7 / 1392.4*365
=36.10

REA 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
=( (138 + 241.4) / 2 ) / 847.5*365 / 2
=189.7 / 847.5*365 / 2
=40.85

* 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.


REA Group  (ASX:REA) Days Sales Outstanding Explanation

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


REA Group Days Sales Outstanding Related Terms

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REA Group (ASX:REA) Business Description

Traded in Other Exchanges
Address
511 Church Street, Richmond, Melbourne, VIC, AUS, 3121
REA Group is a technology company operating in the real estate sector. REA Group's primary business is a online listings platform for residential real estate, www.realestate.com.au, which is the largest residential real estate listings platform in Australia, at around three times the size of number two, www.domain.com.au, owned by Domain Group. REA Group is majority-owned by News Corp (ASX:NWS), while Domain is majority-owned by rival media company Nine Entertainment (ASX:NEC). REA Group's other businesses include adjacent markets and services, and investments in online listings platforms in Asia.

REA Group (ASX:REA) Headlines

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