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Cavendish Financial (LSE:CAV) Days Sales Outstanding : 135.90 (As of Sep. 2023)


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What is Cavendish Financial Days Sales Outstanding?

Cavendish Financial's average Accounts Receivable for the six months ended in Sep. 2023 was £9.95 Mil. Cavendish Financial's Revenue for the six months ended in Sep. 2023 was £13.37 Mil. Hence, Cavendish Financial's Days Sales Outstanding for the six months ended in Sep. 2023 was 135.90.

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

LSE:CAV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.46   Med: 13.6   Max: 126.61
Current: 126.61

During the past 8 years, Cavendish Financial's highest Days Sales Outstanding was 126.61. The lowest was 8.46. And the median was 13.60.

LSE:CAV's Days Sales Outstanding is ranked worse than
66.31% of 561 companies
in the Capital Markets industry
Industry Median: 66.09 vs LSE:CAV: 126.61

Cavendish Financial's Days Sales Outstanding increased from Sep. 2022 (75.02) to Sep. 2023 (135.90).


Cavendish Financial Days Sales Outstanding Historical Data

The historical data trend for Cavendish Financial'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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Cavendish Financial Days Sales Outstanding Chart

Cavendish Financial Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial 10.15 18.68 13.60 13.27 26.55

Cavendish Financial Semi-Annual Data
Apr16 Apr17 Oct17 Apr18 Oct18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 41.15 65.55 75.02 75.76 135.90

Competitive Comparison of Cavendish Financial's Days Sales Outstanding

For the Capital Markets subindustry, Cavendish Financial'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.


Cavendish Financial's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cavendish Financial's Days Sales Outstanding distribution charts can be found below:

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



Cavendish Financial 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.

Cavendish Financial'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
=( (2.258 + 2.523) / 2 ) / 32.864*365
=2.3905 / 32.864*365
=26.55

Cavendish Financial'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
=( (2.523 + 17.382) / 2 ) / 13.365*365 / 2
=9.9525 / 13.365*365 / 2
=135.90

* 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.


Cavendish Financial  (LSE:CAV) Days Sales Outstanding Explanation

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


Cavendish Financial Days Sales Outstanding Related Terms

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Cavendish Financial (LSE:CAV) Business Description

Traded in Other Exchanges
N/A
Address
1 Bartholomew Close, London, GBR, EC1A 7BL
Cavendish Financial Plc is one of the UK's leading mid-market M&A advisers with unrivalled expertise in sell-side M&A, buy-side M&A, debt advisory and private fundraising services. The Group provides a range of services to both public and private companies, from equity raising in capital markets to M&A, debt advisory, and private growth capital.

Cavendish Financial (LSE:CAV) Headlines

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