Symphony Environmental Technologies (LSE:SYM) Days Sales Outstanding : 104.07 (As of Jun. 2023)

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What is Symphony Environmental Technologies Days Sales Outstanding?

Symphony Environmental Technologies's average Accounts Receivable for the six months ended in Jun. 2023 was £2.04 Mil. Symphony Environmental Technologies's Revenue for the six months ended in Jun. 2023 was £3.57 Mil. Hence, Symphony Environmental Technologies's Days Sales Outstanding for the six months ended in Jun. 2023 was 104.07.

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

LSE:SYM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.33 Med: 63.74 Max: 133.72
Current: 121.11

During the past 13 years, Symphony Environmental Technologies's highest Days Sales Outstanding was 133.72. The lowest was 43.33. And the median was 63.74.

LSE:SYM's Days Sales Outstanding is ranked worse than
90.72% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.28 vs LSE:SYM: 121.11

Symphony Environmental Technologies's Days Sales Outstanding declined from Jun. 2022 (161.32) to Jun. 2023 (104.07).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Symphony Environmental Technologies Days Sales Outstanding Historical Data

The historical data trend for Symphony Environmental Technologies'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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Symphony Environmental Technologies Days Sales Outstanding Chart

Symphony Environmental Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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56.33

89.18

82.95

99.73

133.72

Symphony Environmental Technologies Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															92.99	110.38	161.32	130.49	104.07

Competitive Comparison of Symphony Environmental Technologies's Days Sales Outstanding

For the Packaging & Containers subindustry, Symphony Environmental Technologies'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.

Symphony Environmental Technologies's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Symphony Environmental Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Symphony Environmental Technologies's Days Sales Outstanding falls into.

Symphony Environmental Technologies 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.

Symphony Environmental Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (2.608	+	1.901)	/	2 )	/	6.154	*	365
=	2.2545					/	6.154	*	365
=	133.72

Symphony Environmental Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.901	+	2.175)	/	2 )	/	3.574	*	365 / 2
=	2.038					/	3.574	*	365 / 2
=	104.07

Symphony Environmental Technologies (LSE:SYM) Days Sales Outstanding Explanation

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

Symphony Environmental Technologies Days Sales Outstanding Related Terms

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Symphony Environmental Technologies (LSE:SYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Symphony Environmental Technologies PLC (LSE:SYM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

XP7:Germany

Address

6 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, GBR, WD6 1JD

Website

https://www.symphonyenvironmental.com

Symphony Environmental Technologies PLC develops and markets environmental plastic products. It has developed a protective plastic technology under the d2p (designed to protect) brand, which offers extra protection from bacteria, insects, fungi, algae, odor, fouling, and fire. Its products include d2w a masterbatch system that turns ordinary plastic into a material with a different molecular structure, d2Detector is a portable XRF that determines whether a plastic product contains d2w, d2p offers extra protection to plastic product, and d2t offers a tracer system to determine the authenticity of plastic packaging and other plastic products. Its geographic areas are the United Kingdom, Europe, the Americas, the Middle East and Asia, and Africa.