Wickes Group (LSE:WIX) Days Sales Outstanding : 9.26 (As of Dec. 2023)

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What is Wickes Group Days Sales Outstanding?

Wickes Group's average Accounts Receivable for the six months ended in Dec. 2023 was £37 Mil. Wickes Group's Revenue for the six months ended in Dec. 2023 was £726 Mil. Hence, Wickes Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.26.

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

LSE:WIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.07 Med: 8.66 Max: 10.27
Current: 8.7

During the past 6 years, Wickes Group's highest Days Sales Outstanding was 10.27. The lowest was 8.07. And the median was 8.66.

LSE:WIX's Days Sales Outstanding is ranked better than
68.18% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.49 vs LSE:WIX: 8.70

Wickes Group's Days Sales Outstanding declined from Dec. 2022 (9.96) to Dec. 2023 (9.26).

Wickes Group Days Sales Outstanding Historical Data

The historical data trend for Wickes 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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Wickes Group Days Sales Outstanding Chart

Wickes Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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8.64

10.27

8.89

8.07

8.20

Wickes Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					10.36	8.33	9.96	8.68	9.26

Competitive Comparison of Wickes Group's Days Sales Outstanding

For the Home Improvement Retail subindustry, Wickes 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.

Wickes Group's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

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

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

Wickes 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.

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

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (37.4	+	32.4)	/	2 )	/	1553.8	*	365
=	34.9					/	1553.8	*	365
=	8.20

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (41.3	+	32.4)	/	2 )	/	726.1	*	365 / 2
=	36.85					/	726.1	*	365 / 2
=	9.26

Wickes Group (LSE:WIX) Days Sales Outstanding Explanation

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

Wickes Group Days Sales Outstanding Related Terms

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Wickes Group (LSE:WIX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Wickes Group PLC (LSE:WIX) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

WIXl:UK

Address

19 Colonial Way, Vision House, Watford, GBR, WD24 4JL

Website

https://www.wickesplc.co.uk

Wickes Group PLC is a digitally-led, service-enabled home improvement retailer, delivering choice, convenience, value service to customers across the United Kingdom. Its three key customers include the Local Trade, DIY and Do It For Me (DIFM). The company operates from its network of 232 right-sized stores, which support nationwide fulfilment from convenient locations throughout the United Kingdom, and through its digital channels including its website, TradePro mobile app for trade members and its DIY app. These digital channels allow customers to research and order an extended range of its products and services and arrange virtual and in-person design consultations. The company has a single operating segment.