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Sappi (JSE:SAP) Days Sales Outstanding : 41.36 (As of Dec. 2023)


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What is Sappi Days Sales Outstanding?

Sappi's average Accounts Receivable for the three months ended in Dec. 2023 was R10,743 Mil. Sappi's Revenue for the three months ended in Dec. 2023 was R23,701 Mil. Hence, Sappi's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.36.

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

JSE:SAP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.51   Med: 38.21   Max: 40.83
Current: 40.83

During the past 13 years, Sappi's highest Days Sales Outstanding was 40.83. The lowest was 31.51. And the median was 38.21.

JSE:SAP's Days Sales Outstanding is ranked better than
67.83% of 286 companies
in the Forest Products industry
Industry Median: 54.445 vs JSE:SAP: 40.83

Sappi's Days Sales Outstanding declined from Dec. 2022 (45.20) to Dec. 2023 (41.36).


Sappi Days Sales Outstanding Historical Data

The historical data trend for Sappi'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.

Sappi Days Sales Outstanding Chart

Sappi Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.77 38.83 37.76 31.51 39.11

Sappi Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 45.20 43.85 37.77 33.83 41.36

Competitive Comparison of Sappi's Days Sales Outstanding

For the Paper & Paper Products subindustry, Sappi'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.


Sappi's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sappi's Days Sales Outstanding distribution charts can be found below:

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



Sappi 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.

Sappi'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
=( (13937.854 + 9672.507) / 2 ) / 110171.751*365
=11805.1805 / 110171.751*365
=39.11

Sappi'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (9672.507 + 11813.195) / 2 ) / 23700.922*365 / 4
=10742.851 / 23700.922*365 / 4
=41.36

* 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.


Sappi  (JSE:SAP) Days Sales Outstanding Explanation

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


Sappi Days Sales Outstanding Related Terms

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Sappi (JSE:SAP) Business Description

Traded in Other Exchanges
Address
108 Oxford Road, Rosebank, Houghton Estate, Johannesburg, GT, ZAF, 2198
Sappi Ltd produces and sells a variety of paper and paper-related products. The products and services include Dissolving pulp, Graphic papers, Packaging and speciality papers, Casting and release papers, Biomaterials and Bio-energy. The company organizes itself into three primary segments based on geography: North America, Europe, and Southern Africa. More of the revenue comes from Europe than any other geography.