Adrad Holdings (ASX:AHL) Days Sales Outstanding : 45.90 (As of Dec. 2023)

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What is Adrad Holdings Days Sales Outstanding?

Adrad Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$18.5 Mil. Adrad Holdings's Revenue for the six months ended in Dec. 2023 was A$73.5 Mil. Hence, Adrad Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.90.

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

ASX:AHL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.02 Med: 46.02 Max: 46.73
Current: 46.73

During the past 1 years, Adrad Holdings's highest Days Sales Outstanding was 46.73. The lowest was 46.02. And the median was 46.02.

ASX:AHL's Days Sales Outstanding is ranked better than
85.02% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs ASX:AHL: 46.73

Adrad Holdings's Days Sales Outstanding declined from Dec. 2022 (50.02) to Dec. 2023 (45.90).

Adrad Holdings Days Sales Outstanding Historical Data

The historical data trend for Adrad 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.

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Adrad Holdings Days Sales Outstanding Chart

Adrad Holdings Annual Data

Trend

Jun23

Days Sales Outstanding

46.02

Adrad Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Days Sales Outstanding	-	50.02	46.58	45.90

Competitive Comparison of Adrad Holdings's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Adrad 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.

Adrad Holdings's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Adrad Holdings's Days Sales Outstanding distribution charts can be found below:

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

Adrad 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.

Adrad Holdings'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: . 20 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (	+	17.878)	/	1 )	/	141.79	*	365
=	17.878					/	141.79	*	365
=	46.02

Adrad 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
=	( (17.878	+	19.099)	/	2 )	/	73.509	*	365 / 2
=	18.4885					/	73.509	*	365 / 2
=	45.90

Adrad Holdings (ASX:AHL) Days Sales Outstanding Explanation

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

Adrad Holdings Days Sales Outstanding Related Terms

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Adrad Holdings (ASX:AHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Adrad Holdings Ltd (ASX:AHL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Howards Road, Beverley, SA, AUS, 5009

Website

https://www.adradholdings.com.au

Adrad Holdings Ltd designs and manufactures a wide variety of original equipment and aftermarket heat exchange products for both mobile and stationary applications. The company operates in two segments which include Heat Transfer Solutions, and Automotive Aftermarket. Heat Transfer Solutions designs and manufactures industrial cooling solutions for use in road transport and heavy vehicles, mining, power generation, data centers, and rail industries. Automotive Aftermarket manufactures, imports, and distributes radiators, mobile and stationary heat exchange products, and a variety of automotive parts for the Australian and New Zealand automotive and industrial markets.