African Equity Empowerment Investments (JSE:AEE) Days Sales Outstanding : 47.93 (As of Aug. 2023)

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What is African Equity Empowerment Investments Days Sales Outstanding?

African Equity Empowerment Investments's average Accounts Receivable for the six months ended in Aug. 2023 was R102.3 Mil. African Equity Empowerment Investments's Revenue for the six months ended in Aug. 2023 was R389.6 Mil. Hence, African Equity Empowerment Investments's Days Sales Outstanding for the six months ended in Aug. 2023 was 47.93.

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

JSE:AEE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.8 Med: 57.25 Max: 248.92
Current: 104.44

During the past 13 years, African Equity Empowerment Investments's highest Days Sales Outstanding was 248.92. The lowest was 32.80. And the median was 57.25.

JSE:AEE's Days Sales Outstanding is ranked worse than
77.94% of 2734 companies
in the Software industry
Industry Median: 61.68 vs JSE:AEE: 104.44

African Equity Empowerment Investments's Days Sales Outstanding declined from Aug. 2022 (387.34) to Aug. 2023 (47.93).

African Equity Empowerment Investments Days Sales Outstanding Historical Data

The historical data trend for African Equity Empowerment Investments'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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African Equity Empowerment Investments Days Sales Outstanding Chart

African Equity Empowerment Investments Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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42.30

51.67

69.17

248.92

119.74

African Equity Empowerment Investments Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial															101.32	383.34	387.34	152.02	47.93

Competitive Comparison of African Equity Empowerment Investments's Days Sales Outstanding

For the Information Technology Services subindustry, African Equity Empowerment Investments'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.

African Equity Empowerment Investments's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, African Equity Empowerment Investments's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where African Equity Empowerment Investments's Days Sales Outstanding falls into.

African Equity Empowerment Investments 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.

African Equity Empowerment Investments's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (425.633	+	56.104)	/	2 )	/	734.246	*	365
=	240.8685					/	734.246	*	365
=	119.74

African Equity Empowerment Investments's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (148.527	+	56.104)	/	2 )	/	389.612	*	365 / 2
=	102.3155					/	389.612	*	365 / 2
=	47.93

African Equity Empowerment Investments (JSE:AEE) Days Sales Outstanding Explanation

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

African Equity Empowerment Investments Days Sales Outstanding Related Terms

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African Equity Empowerment Investments (JSE:AEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » African Equity Empowerment Investments Ltd (JSE:AEE) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

3 Dock Road, Victoria & Alfred Waterfront, 1st Floor, Waterway House North, Cape Town, WC, ZAF, 8001

Website

https://www.aeei.co.za

African Equity Empowerment Investments Ltd is a black-owned and black-managed investment holding company. Its segments include Fishing and brands, Technology, Health and beauty, Events and tourism, and Corporate. It generates maximum revenue from the Technology segment. The company exports its products to African countries, India and Europe and the majority of the revenue comes from South Africa.