888 Holdings (LSE:888) Days Sales Outstanding : 19.90 (As of Dec. 2023)

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What is 888 Holdings Days Sales Outstanding?

888 Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was £90 Mil. 888 Holdings's Revenue for the six months ended in Dec. 2023 was £829 Mil. Hence, 888 Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 19.90.

The historical rank and industry rank for 888 Holdings's Days Sales Outstanding or its related term are showing as below:

LSE:888' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.39 Med: 14.65 Max: 18.11
Current: 16.9

During the past 13 years, 888 Holdings's highest Days Sales Outstanding was 18.11. The lowest was 10.39. And the median was 14.65.

LSE:888's Days Sales Outstanding is ranked better than
66.29% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.77 vs LSE:888: 16.90

888 Holdings's Days Sales Outstanding increased from Dec. 2022 (12.09) to Dec. 2023 (19.90).

888 Holdings Days Sales Outstanding Historical Data

The historical data trend for 888 Holdings'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.

888 Holdings Days Sales Outstanding Chart

888 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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18.11

14.81

10.39

11.18

12.87

888 Holdings 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															24.86	22.70	12.09	17.97	19.90

Competitive Comparison of 888 Holdings's Days Sales Outstanding

For the Gambling subindustry, 888 Holdings'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.

888 Holdings's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, 888 Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 888 Holdings's Days Sales Outstanding falls into.

888 Holdings 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.

888 Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (56.7	+	64)	/	2 )	/	1710.9	*	365
=	60.35					/	1710.9	*	365
=	12.87

888 Holdings'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
=	( (116.9	+	64)	/	2 )	/	829.3	*	365 / 2
=	90.45					/	829.3	*	365 / 2
=	19.90

888 Holdings (LSE:888) Days Sales Outstanding Explanation

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

888 Holdings Days Sales Outstanding Related Terms

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888 Holdings (LSE:888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » 888 Holdings PLC (LSE:888) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

EIHDF:USA 888l:UK 888.GB:UK C8V:Germany

Address

Europort Road, Suite 601/701, Europort, GIB

Website

https://corporate.888.com

888 Holdings PLC is an online betting and gaming company. The company operates in three business segments; The Retail segment comprises all activity undertaken in LBOs including gaming machines, The UK Online segment comprises all online activity, including sports betting, casino, poker, and other gaming products along with telephone betting services that are incurred within the UK and Ireland, and The International segment comprises all online activity, including sports betting, casino, poker, and other gaming products along with telephone betting services that are incurred within all territories excluding the UK. It derives a majority of its revenue from the United Kingdom.

888 Holdings (LSE:888) Headlines

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