African Media Entertainment (JSE:AME) Days Sales Outstanding : 86.22 (As of Sep. 2023)

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What is African Media Entertainment Days Sales Outstanding?

African Media Entertainment's average Accounts Receivable for the six months ended in Sep. 2023 was R67.6 Mil. African Media Entertainment's Revenue for the six months ended in Sep. 2023 was R143.1 Mil. Hence, African Media Entertainment's Days Sales Outstanding for the six months ended in Sep. 2023 was 86.22.

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

JSE:AME' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.73 Med: 75.41 Max: 86.74
Current: 77.99

During the past 13 years, African Media Entertainment's highest Days Sales Outstanding was 86.74. The lowest was 64.73. And the median was 75.41.

JSE:AME's Days Sales Outstanding is ranked worse than
59.3% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.4 vs JSE:AME: 77.99

African Media Entertainment's Days Sales Outstanding increased from Sep. 2022 (71.51) to Sep. 2023 (86.22).

African Media Entertainment Days Sales Outstanding Historical Data

The historical data trend for African Media Entertainment'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 Media Entertainment Days Sales Outstanding Chart

African Media Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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68.30

68.93

83.60

70.60

80.21

African Media Entertainment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															63.54	62.45	71.51	71.75	86.22

Competitive Comparison of African Media Entertainment's Days Sales Outstanding

For the Broadcasting subindustry, African Media Entertainment'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 Media Entertainment's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, African Media Entertainment's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where African Media Entertainment's Days Sales Outstanding falls into.

African Media Entertainment 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 Media Entertainment's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (54.213	+	63.866)	/	2 )	/	268.669	*	365
=	59.0395					/	268.669	*	365
=	80.21

African Media Entertainment's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (63.866	+	71.361)	/	2 )	/	143.115	*	365 / 2
=	67.6135					/	143.115	*	365 / 2
=	86.22

African Media Entertainment (JSE:AME) 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 Media Entertainment Days Sales Outstanding Related Terms

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African Media Entertainment (JSE:AME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » African Media Entertainment Ltd (JSE:AME) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 5, 8th Street, Block A, Oxford Office Park, Houghton Estate, Johannesburg, GT, ZAF, 2198

Website

http://www.ame.co.za

African Media Entertainment Ltd is involved in providing broadcasting services in South Africa. The company's operating segment includes Radio broadcasters; Media Services and Corporate. It generates maximum revenue from the Radio broadcasters segment.