Bisalloy Steel Group (ASX:BIS) Days Sales Outstanding : 56.53 (As of Dec. 2023)

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What is Bisalloy Steel Group Days Sales Outstanding?

Bisalloy Steel Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$23.7 Mil. Bisalloy Steel Group's Revenue for the six months ended in Dec. 2023 was A$76.6 Mil. Hence, Bisalloy Steel Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 56.53.

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

ASX:BIS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.33 Med: 69.75 Max: 76.13
Current: 60.69

During the past 13 years, Bisalloy Steel Group's highest Days Sales Outstanding was 76.13. The lowest was 57.33. And the median was 69.75.

ASX:BIS's Days Sales Outstanding is ranked worse than
61.78% of 594 companies
in the Steel industry
Industry Median: 49.315 vs ASX:BIS: 60.69

Bisalloy Steel Group's Days Sales Outstanding declined from Dec. 2022 (63.11) to Dec. 2023 (56.53).

Bisalloy Steel Group Days Sales Outstanding Historical Data

The historical data trend for Bisalloy Steel 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.

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Bisalloy Steel Group Days Sales Outstanding Chart

Bisalloy Steel Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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69.05

57.33

69.12

76.13

59.03

Bisalloy Steel 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															60.75	58.31	63.11	62.70	56.53

Competitive Comparison of Bisalloy Steel Group's Days Sales Outstanding

For the Steel subindustry, Bisalloy Steel 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.

Bisalloy Steel Group's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bisalloy Steel Group's Days Sales Outstanding distribution charts can be found below:

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

Bisalloy Steel 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.

Bisalloy Steel 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
=	( (26.21	+	23.321)	/	2 )	/	153.139	*	365
=	24.7655					/	153.139	*	365
=	59.03

Bisalloy Steel 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
=	( (23.321	+	24.163)	/	2 )	/	76.648	*	365 / 2
=	23.742					/	76.648	*	365 / 2
=	56.53

Bisalloy Steel Group (ASX:BIS) Days Sales Outstanding Explanation

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

Bisalloy Steel Group Days Sales Outstanding Related Terms

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Bisalloy Steel Group (ASX:BIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bisalloy Steel Group Ltd (ASX:BIS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Resolution Drive, Unanderra, Wollongong, NSW, AUS, 2526

Website

https://www.bisalloy.com.au

Bisalloy Steel Group Ltd is engaged in the processing and sale of quenched and tempered high-tensile, and abrasion-resistant steel plates. The company is organized into geographical operating segments, being Australian Operations is engaged in the distribution of wear-grade and high tensile plates through distributors and directly to original equipment manufacturers in both Australia and Overseas. Its Overseas Operations engage in the distribution of the abrasion-resistant plate as well as other steel plate products. The Overseas Operations also focus on the marketing and distribution of quench and tempered steel plates. The majority of its revenue is derived from Australian Operations. The company's products are marketed under the BISALLOY brand name.