Carbonxt Group (ASX:CG1) Days Sales Outstanding : 31.32 (As of Dec. 2023)

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What is Carbonxt Group Days Sales Outstanding?

Carbonxt Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.45 Mil. Carbonxt Group's Revenue for the six months ended in Dec. 2023 was A$8.42 Mil. Hence, Carbonxt Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 31.32.

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

ASX:CG1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.12 Med: 35.68 Max: 45.75
Current: 35.89

During the past 6 years, Carbonxt Group's highest Days Sales Outstanding was 45.75. The lowest was 25.12. And the median was 35.68.

ASX:CG1's Days Sales Outstanding is ranked better than
82.78% of 1527 companies
in the Chemicals industry
Industry Median: 63.99 vs ASX:CG1: 35.89

Carbonxt Group's Days Sales Outstanding declined from Dec. 2022 (36.44) to Dec. 2023 (31.32).

Carbonxt Group Days Sales Outstanding Historical Data

The historical data trend for Carbonxt 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.

* Premium members only.

Carbonxt Group Days Sales Outstanding Chart

Carbonxt Group Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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25.12

34.46

36.90

32.45

40.98

Carbonxt Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								23.25	36.12	36.44	41.18	31.32

Competitive Comparison of Carbonxt Group's Days Sales Outstanding

For the Specialty Chemicals subindustry, Carbonxt 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.

Carbonxt Group's Days Sales Outstanding Distribution in the Chemicals Industry

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

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

Carbonxt 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.

Carbonxt 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
=	( (2.041	+	1.425)	/	2 )	/	15.434	*	365
=	1.733					/	15.434	*	365
=	40.98

Carbonxt 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
=	( (1.425	+	1.466)	/	2 )	/	8.424	*	365 / 2
=	1.4455					/	8.424	*	365 / 2
=	31.32

Carbonxt Group (ASX:CG1) Days Sales Outstanding Explanation

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

Carbonxt Group Days Sales Outstanding Related Terms

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Carbonxt Group (ASX:CG1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Carbonxt Group Ltd (ASX:CG1) » Definitions » Days Sales Outstanding

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CKV:Germany

Address

3951 NW 48th Terrace, Suite 111, Gainesville, FL, USA, 32606

Website

https://www.carbonxt.com

Carbonxt Group Ltd is an Australian company engaged in the development and sale of specialized Activated Carbon (AC) products, including Powdered Activated Carbon (PAC) and AC pellets for the removal of pollutants and toxins in industrial processes. Geographically, it derives a majority of revenue from the United States of America. The company product comprises coal-fired power plants, cement plants, waste to energy, potable water and other applications.

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