eCargo Holdings (ASX:ECG) Days Sales Outstanding : 87.65 (As of Dec. 2023)

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What is eCargo Holdings Days Sales Outstanding?

eCargo Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$11.32 Mil. eCargo Holdings's Revenue for the six months ended in Dec. 2023 was A$23.57 Mil. Hence, eCargo Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 87.65.

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

ASX:ECG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.61 Med: 68.53 Max: 96.87
Current: 89.24

During the past 9 years, eCargo Holdings's highest Days Sales Outstanding was 96.87. The lowest was 38.61. And the median was 68.53.

ASX:ECG's Days Sales Outstanding is ranked worse than
78.88% of 1037 companies
in the Business Services industry
Industry Median: 58.33 vs ASX:ECG: 89.24

eCargo Holdings's Days Sales Outstanding increased from Dec. 2022 (47.15) to Dec. 2023 (87.65).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

eCargo Holdings Days Sales Outstanding Historical Data

The historical data trend for eCargo 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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eCargo Holdings Days Sales Outstanding Chart

eCargo Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.61

38.65

54.75

62.87

96.74

eCargo Holdings Semi-Annual Data
	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													56.93	84.11	47.15	81.25	87.65

Competitive Comparison of eCargo Holdings's Days Sales Outstanding

For the Specialty Business Services subindustry, eCargo 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.

eCargo Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, eCargo Holdings's Days Sales Outstanding distribution charts can be found below:

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

eCargo 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.

eCargo 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
=	( (4.07	+	15.269)	/	2 )	/	36.483	*	365
=	9.6695					/	36.483	*	365
=	96.74

eCargo 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
=	( (7.367	+	15.269)	/	2 )	/	23.565	*	365 / 2
=	11.318					/	23.565	*	365 / 2
=	87.65

eCargo Holdings (ASX:ECG) Days Sales Outstanding Explanation

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

eCargo Holdings Days Sales Outstanding Related Terms

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eCargo Holdings (ASX:ECG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » eCargo Holdings Ltd (ASX:ECG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

13103N, ATL Logistics Centre B, 3 Kwai Chung Container Terminals, New Territories, Hong Kong, HKG

Website

https://www.eCargo.com

eCargo Holdings Ltd is an eCommerce business solution provider engaged in the development and provision of eCommerce technologies, integrated offline and online supply chain operations, provision of digital commerce solutions and services and brand distribution.. The company provides integrated online and offline supply chain solutions and operations for designer brands, retailers, and branded manufacturers. Its segments are Digital Commerce Service and Brand Distributions in Greater China. The majority of revenue is generated from the Greater China segment.

eCargo Holdings (ASX:ECG) Headlines

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