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Kitwave Group (LSE:KITW) Days Sales Outstanding : 32.45 (As of Oct. 2023)


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What is Kitwave Group Days Sales Outstanding?

Kitwave Group's average Accounts Receivable for the six months ended in Oct. 2023 was £58.2 Mil. Kitwave Group's Revenue for the six months ended in Oct. 2023 was £327.3 Mil. Hence, Kitwave Group's Days Sales Outstanding for the six months ended in Oct. 2023 was 32.45.

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

LSE:KITW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.76   Med: 42.16   Max: 43.54
Current: 33.05

During the past 5 years, Kitwave Group's highest Days Sales Outstanding was 43.54. The lowest was 29.76. And the median was 42.16.

LSE:KITW's Days Sales Outstanding is ranked worse than
60.66% of 305 companies
in the Retail - Defensive industry
Industry Median: 23.57 vs LSE:KITW: 33.05

Kitwave Group's Days Sales Outstanding declined from Oct. 2022 (36.20) to Oct. 2023 (32.45).


Kitwave Group Days Sales Outstanding Historical Data

The historical data trend for Kitwave 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.

Kitwave Group Days Sales Outstanding Chart

Kitwave Group Annual Data
Trend Apr18 Apr19 Oct21 Oct22 Oct23
Days Sales Outstanding
43.54 42.16 42.35 33.22 29.76

Kitwave Group Semi-Annual Data
Apr18 Apr19 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Days Sales Outstanding Get a 7-Day Free Trial 36.06 44.19 36.20 37.37 32.45

Competitive Comparison of Kitwave Group's Days Sales Outstanding

For the Food Distribution subindustry, Kitwave 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.


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

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

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



Kitwave 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.

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

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (47.206 + 50.985) / 2 ) / 602.22*365
=49.0955 / 602.22*365
=29.76

Kitwave Group's Days Sales Outstanding for the quarter that ended in Oct. 2023 is calculated as:

Days Sales Outstanding (Q: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Apr. 2023 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (65.388 + 50.985) / 2 ) / 327.27*365 / 2
=58.1865 / 327.27*365 / 2
=32.45

* 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.


Kitwave Group  (LSE:KITW) Days Sales Outstanding Explanation

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


Kitwave Group Days Sales Outstanding Related Terms

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Kitwave Group (LSE:KITW) Business Description

Traded in Other Exchanges
Address
Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ
Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

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