Abacus Storage King (ASX:ASK) Days Sales Outstanding : 40.04 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Abacus Storage King Days Sales Outstanding?

Abacus Storage King's average Accounts Receivable for the six months ended in Dec. 2023 was A$21.74 Mil. Abacus Storage King's Revenue for the six months ended in Dec. 2023 was A$99.11 Mil. Hence, Abacus Storage King's Days Sales Outstanding for the six months ended in Dec. 2023 was 40.04.

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

ASX:ASK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.88 Med: 10.01 Max: 80.07
Current: 80.07

During the past 2 years, Abacus Storage King's highest Days Sales Outstanding was 80.07. The lowest was 8.88. And the median was 10.01.

ASX:ASK's Days Sales Outstanding is ranked worse than
83.03% of 613 companies
in the REITs industry
Industry Median: 23.14 vs ASX:ASK: 80.07

Abacus Storage King's Days Sales Outstanding increased from Jun. 2022 (0.00) to Dec. 2023 (40.04).

Abacus Storage King Days Sales Outstanding Historical Data

The historical data trend for Abacus Storage King'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.

Abacus Storage King Days Sales Outstanding Chart

Abacus Storage King Annual Data

Trend

Jun21

Jun22

Days Sales Outstanding

8.88

11.13

Abacus Storage King Semi-Annual Data
	Jun21	Jun22	Dec22	Dec23
Days Sales Outstanding	-	-	30.21	40.04

Competitive Comparison of Abacus Storage King's Days Sales Outstanding

For the REIT - Industrial subindustry, Abacus Storage King'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.

Abacus Storage King's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Abacus Storage King's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Abacus Storage King's Days Sales Outstanding falls into.

Abacus Storage King 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.

Abacus Storage King's Days Sales Outstanding for the fiscal year that ended in Jun. 2022 is calculated as

	Days Sales Outstanding (A: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (2.537	+	6.727)	/	2 )	/	151.904	*	365
=	4.632					/	151.904	*	365
=	11.13

Abacus Storage King'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (22.5	+	20.984)	/	2 )	/	99.109	*	365 / 2
=	21.742					/	99.109	*	365 / 2
=	40.04

Abacus Storage King (ASX:ASK) Days Sales Outstanding Explanation

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

Abacus Storage King Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Abacus Storage King's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Abacus Storage King (ASX:ASK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Abacus Storage King (ASX:ASK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000

Website

https://www.abacusgroup.com.au

Abacus Storage King REIT is a self-storage REIT. It owns, operates, and manages a self-storage operating platform and an investment portfolio comprising self-storage properties and other investments across Australia and New Zealand.

Abacus Storage King (ASX:ASK) Headlines

No Headlines