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Fitell (Fitell) Days Sales Outstanding : 17.54 (As of Dec. 2023)


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What is Fitell Days Sales Outstanding?

Fitell's average Accounts Receivable for the six months ended in Dec. 2023 was $0.20 Mil. Fitell's Revenue for the six months ended in Dec. 2023 was $2.12 Mil. Hence, Fitell's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.54.

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

FTEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.68   Med: 1.21   Max: 36.05
Current: 36.05

During the past 3 years, Fitell's highest Days Sales Outstanding was 36.05. The lowest was 0.68. And the median was 1.21.

FTEL's Days Sales Outstanding is ranked worse than
70.06% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 17.5 vs FTEL: 36.05

Fitell's Days Sales Outstanding declined from Dec. 2022 (23.28) to Dec. 2023 (17.54).

Fitell Days Sales Outstanding Historical Data

The historical data trend for Fitell'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.

Fitell Days Sales Outstanding Chart

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Days Sales Outstanding
0.68 1.21 8.18

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 0.48 2.30 23.28 47.69 17.54

Competitive Comparison of Fitell's Days Sales Outstanding

For the Specialty Retail subindustry, Fitell'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.

Fitell's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Fitell's Days Sales Outstanding distribution charts can be found below:

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


Fitell 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.

Fitell'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
=( (0.041 + 0.174) / 2 ) / 4.799*365
=0.1075 / 4.799*365
=8.18

Fitell'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
=( (0.174 + 0.234) / 2 ) / 2.123*365 / 2
=0.204 / 2.123*365 / 2
=17.54

* 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.

Fitell  (NAS:FTEL) Days Sales Outstanding Explanation

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

Fitell Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Fitell's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Fitell (Fitell) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Website
https://www.gymdirect.com.au
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.