hipages Group Holdings (ASX:HPG) Days Sales Outstanding : 10.58 (As of Dec. 2023)

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What is hipages Group Holdings Days Sales Outstanding?

hipages Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$2.14 Mil. hipages Group Holdings's Revenue for the six months ended in Dec. 2023 was A$36.92 Mil. Hence, hipages Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 10.58.

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

ASX:HPG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.55 Med: 13.97 Max: 15.13
Current: 10.55

During the past 4 years, hipages Group Holdings's highest Days Sales Outstanding was 15.13. The lowest was 10.55. And the median was 13.97.

ASX:HPG's Days Sales Outstanding is ranked better than
95.58% of 2736 companies
in the Software industry
Industry Median: 61.68 vs ASX:HPG: 10.55

hipages Group Holdings's Days Sales Outstanding declined from Dec. 2022 (12.62) to Dec. 2023 (10.58).

hipages Group Holdings Days Sales Outstanding Historical Data

The historical data trend for hipages Group 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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hipages Group Holdings Days Sales Outstanding Chart

hipages Group Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

11.70

13.97

15.13

hipages Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			11.58	12.49	12.62	12.77	10.58

Competitive Comparison of hipages Group Holdings's Days Sales Outstanding

For the Software - Application subindustry, hipages Group 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.

hipages Group Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, hipages Group Holdings's Days Sales Outstanding distribution charts can be found below:

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

hipages Group 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.

hipages Group Holdings'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
=	( (2.582	+	2.88)	/	2 )	/	65.893	*	365
=	2.731					/	65.893	*	365
=	15.13

hipages Group 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
=	( (2.88	+	1.399)	/	2 )	/	36.916	*	365 / 2
=	2.1395					/	36.916	*	365 / 2
=	10.58

hipages Group Holdings (ASX:HPG) Days Sales Outstanding Explanation

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

hipages Group Holdings Days Sales Outstanding Related Terms

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hipages Group Holdings (ASX:HPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » hipages Group Holdings Ltd (ASX:HPG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

255 Pitt Street, Level 10, Sydney, NSW, AUS, 2000

Website

https://www.hipagesgroup.com.au

hipages Group Holdings Ltd is an online platform and software as a service provider that aims to connect tradies and consumers in order to resolve difficulties that come with organizing and coordinating home improvement jobs. The platform provides an efficient, technology-driven model to connect consumers with qualified tradies, and facilitates the management of other elements of the home improvement process, such as communication, payment, and ratings and recommendations. The company has two segments, Australia (hipages online tradie platform), and New Zealand (Builderscrack online tradie platform). The company generates the majority of its revenue from Australia.

hipages Group Holdings (ASX:HPG) Headlines

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