Spar Group (JSE:SPP) Days Sales Outstanding : 40.21 (As of Sep. 2023)

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What is Spar Group Days Sales Outstanding?

Spar Group's average Accounts Receivable for the six months ended in Sep. 2023 was R16,834 Mil. Spar Group's Revenue for the six months ended in Sep. 2023 was R76,400 Mil. Hence, Spar Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 40.21.

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

JSE:SPP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.14 Med: 38 Max: 42.87
Current: 39.24

During the past 13 years, Spar Group's highest Days Sales Outstanding was 42.87. The lowest was 37.14. And the median was 38.00.

JSE:SPP's Days Sales Outstanding is ranked worse than
67.32% of 306 companies
in the Retail - Defensive industry
Industry Median: 24.63 vs JSE:SPP: 39.24

Spar Group's Days Sales Outstanding declined from Sep. 2022 (40.48) to Sep. 2023 (40.21).

Spar Group Days Sales Outstanding Historical Data

The historical data trend for Spar 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.

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Spar Group Days Sales Outstanding Chart

Spar Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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37.51

37.21

38.35

37.61

37.14

Spar Group 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															40.15	39.30	40.48	40.39	40.21

Competitive Comparison of Spar Group's Days Sales Outstanding

For the Food Distribution subindustry, Spar 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.

Spar Group's Days Sales Outstanding Distribution in the Retail - Defensive Industry

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

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

Spar 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.

Spar Group's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (14498.9	+	15886.9)	/	2 )	/	149324.3	*	365
=	15192.9					/	149324.3	*	365
=	37.14

Spar Group'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
=	( (17780.3	+	15886.9)	/	2 )	/	76399.7	*	365 / 2
=	16833.6					/	76399.7	*	365 / 2
=	40.21

Spar Group (JSE:SPP) Days Sales Outstanding Explanation

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

Spar Group Days Sales Outstanding Related Terms

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Spar Group (JSE:SPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Spar Group Ltd (JSE:SPP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SGPPY:USA

Address

22 Chancery Lane, P.O. Box 1589, Pinetown, NL, ZAF, 3600

Website

https://www.spar.co.za

Spar Group Ltd is a wholesaler and distributor of goods and services to the group's retail outlets such as SPAR stores, Build it builders' merchandise outlets, TOPS at SPAR liquor stores, and others across Southern Africa. The company also has operations that comprise independently owned SPAR, MACE, XL and Londis stores in Ireland and southwest England. The company provides independent retailers the option to own or lease its stores and operate under the SPAR brand. The Southern Africa segment represents the majority of group revenue, with Ireland contributing an increasing proportion. The company delivers goods to the stores by a fleet of trucks and trailers owned by the SPAR Group. The group has two primary private brands namely SPAR and SaveMor.

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