Karooooo (Karooooo) Days Sales Outstanding : 41.89 (As of Nov. 2023)

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What is Karooooo Days Sales Outstanding?

Karooooo's average Accounts Receivable for the three months ended in Nov. 2023 was $26.8 Mil. Karooooo's Revenue for the three months ended in Nov. 2023 was $58.3 Mil. Hence, Karooooo's Days Sales Outstanding for the three months ended in Nov. 2023 was 41.89.

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

KARO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.18 Med: 38.63 Max: 42.26
Current: 42.26

During the past 5 years, Karooooo's highest Days Sales Outstanding was 42.26. The lowest was 37.18. And the median was 38.63.

KARO's Days Sales Outstanding is ranked better than
74.49% of 2728 companies
in the Software industry
Industry Median: 61.815 vs KARO: 42.26

Karooooo's Days Sales Outstanding declined from Nov. 2022 (42.26) to Nov. 2023 (41.89).

Karooooo Days Sales Outstanding Historical Data

The historical data trend for Karooooo'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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Karooooo Days Sales Outstanding Chart

Karooooo Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

38.44

38.63

37.18

39.51

41.74

Karooooo Quarterly Data
	Feb19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Sales Outstanding	Get a 7-Day Free Trial													42.26	43.67	40.17	40.17	41.89

Competitive Comparison of Karooooo's Days Sales Outstanding

For the Software - Application subindustry, Karooooo'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.

Karooooo's Days Sales Outstanding Distribution in the Software Industry

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

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

Karooooo 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.

Karooooo's Days Sales Outstanding for the fiscal year that ended in Feb. 2023 is calculated as

	Days Sales Outstanding (A: Feb. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )	*	Days in Period
=	( (21.942	+	22.851)	/	2 )	/	195.852	*	365
=	22.3965					/	195.852	*	365
=	41.74

Karooooo's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (25.518	+	28.024)	/	2 )	/	58.312	*	365 / 4
=	26.771					/	58.312	*	365 / 4
=	41.89

Karooooo (NAS:KARO) Days Sales Outstanding Explanation

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

Karooooo Days Sales Outstanding Related Terms

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Karooooo (Karooooo) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Karooooo Ltd (NAS:KARO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KRO:South Africa

Address

1 Harbourfront Avenue, Keppel Bay Tower No. 14-07, Singapore, SGP, 098632

Website

https://www.karooooo.com

Karooooo Ltd is a global provider of real-time mobility data analytics solutions for smart transportation. It offers a comprehensive, cloud-based smart mobility platform for connected vehicles and other assets. The company's software-as-a-service platform provides customers with differentiated insights and analytics to optimize business and workforce, increase efficiency and decrease costs, improve safety, monitor environmental impact, assist with regularity compliance and manage risk. The segments of the group are Cartrack; Carzuka; and Karooooo Logistics, of which key revenue is derived from the Cartrack segment.