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Sea Harvest Group (JSE:SHG) Days Sales Outstanding : 54.66 (As of Dec. 2023)


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What is Sea Harvest Group Days Sales Outstanding?

Sea Harvest Group's average Accounts Receivable for the six months ended in Dec. 2023 was R899 Mil. Sea Harvest Group's Revenue for the six months ended in Dec. 2023 was R3,002 Mil. Hence, Sea Harvest Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 54.66.

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

JSE:SHG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.2   Med: 45.98   Max: 52.7
Current: 49.59

During the past 10 years, Sea Harvest Group's highest Days Sales Outstanding was 52.70. The lowest was 40.20. And the median was 45.98.

JSE:SHG's Days Sales Outstanding is ranked worse than
64.15% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs JSE:SHG: 49.59

Sea Harvest Group's Days Sales Outstanding increased from Dec. 2022 (47.48) to Dec. 2023 (54.66).

Sea Harvest Group Days Sales Outstanding Historical Data

The historical data trend for Sea Harvest 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.

* Premium members only.

Sea Harvest Group Days Sales Outstanding Chart

Sea Harvest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.88 47.43 44.01 40.20 42.38

Sea Harvest Group Semi-Annual Data
Dec14 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.61 49.99 47.48 51.82 54.66

Competitive Comparison of Sea Harvest Group's Days Sales Outstanding

For the Farm Products subindustry, Sea Harvest 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.

Sea Harvest Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sea Harvest Group's Days Sales Outstanding distribution charts can be found below:

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


Sea Harvest 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.

Sea Harvest Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (730.547 + 710.213) / 2 ) / 6204.776*365
=720.38 / 6204.776*365
=42.38

Sea Harvest 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
=( (1088.238 + 710.213) / 2 ) / 3002.137*365 / 2
=899.2255 / 3002.137*365 / 2
=54.66

* 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.

Sea Harvest Group  (JSE:SHG) Days Sales Outstanding Explanation

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

Sea Harvest Group Days Sales Outstanding Related Terms

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Sea Harvest Group (JSE:SHG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sea Harvest Group Ltd (JSE:SHG) » Definitions » Days Sales Outstanding
Comparable Companies
JSE:KAL JSE:QFH JSE:CKS JSE:ARL ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN XKLS:2445 XKLS:4065 BKK:CPF SZSE:002385 SHSE:600095 SHSE:600598
Traded in Other Exchanges
N/A
Address
Searle Street, 1st Floor, Block C, The Boulevard Office Park, Woodstock, Cape Town, ZAF, 7925
Website
https://www.seaharvest.co.za
Sea Harvest Group Ltd is engaged in the fishing of Cape Hake and Shark Bay Prawns along with Horse Mackerel, Pilchards, Anchovies, and a variety of farmed species, processing of the catch into frozen and chilled seafood, and the marketing of these products, locally and internationally. It operates in four segments: South African Fishing, Australian operation, Aquaculture, and Cape Harvest Foods segments." The majority of its revenue comes from the South African Fishing segment.