Goodman Group (ASX:GMG) Days Sales Outstanding : 30.90 (As of Dec. 2023)

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What is Goodman Group Days Sales Outstanding?

Goodman Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$90 Mil. Goodman Group's Revenue for the six months ended in Dec. 2023 was A$532 Mil. Hence, Goodman Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 30.90.

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

ASX:GMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.16 Med: 7.5 Max: 37.55
Current: 37.55

During the past 13 years, Goodman Group's highest Days Sales Outstanding was 37.55. The lowest was 2.16. And the median was 7.50.

ASX:GMG's Days Sales Outstanding is ranked worse than
51.17% of 1665 companies
in the Real Estate industry
Industry Median: 36.42 vs ASX:GMG: 37.55

Goodman Group's Days Sales Outstanding increased from Dec. 2022 (26.12) to Dec. 2023 (30.90).

Goodman Group Days Sales Outstanding Historical Data

The historical data trend for Goodman 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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Goodman Group Days Sales Outstanding Chart

Goodman Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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7.21

3.28

3.15

2.16

2.70

Goodman 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															29.38	27.00	26.12	28.64	30.90

Competitive Comparison of Goodman Group's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Goodman 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.

Goodman Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Goodman Group's Days Sales Outstanding distribution charts can be found below:

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

Goodman 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.

Goodman 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
=	( (7.8	+	20.9)	/	2 )	/	1940.7	*	365
=	14.35					/	1940.7	*	365
=	2.70

Goodman 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
=	( (20.9	+	159.1)	/	2 )	/	531.5	*	365 / 2
=	90					/	531.5	*	365 / 2
=	30.90

Goodman Group (ASX:GMG) Days Sales Outstanding Explanation

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

Goodman Group Days Sales Outstanding Related Terms

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Goodman Group (ASX:GMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Goodman Group (ASX:GMG) » Definitions » Days Sales Outstanding

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GMGSF:USA

Address

1-11 Hayes Road, The Hayesbery, Rosebery, Sydney, NSW, AUS, 2018

Website

https://www.goodman.com

Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.

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