Econet Wireless Zimbabwe (XZIM:ECO.ZW) Days Sales Outstanding : 57.53 (As of Aug. 2023)

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What is Econet Wireless Zimbabwe Days Sales Outstanding?

Econet Wireless Zimbabwe's average Accounts Receivable for the six months ended in Aug. 2023 was ZWL346,671 Mil. Econet Wireless Zimbabwe's Revenue for the six months ended in Aug. 2023 was ZWL1,099,652 Mil. Hence, Econet Wireless Zimbabwe's Days Sales Outstanding for the six months ended in Aug. 2023 was 57.53.

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

XZIM:ECO.ZW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.66 Med: 25.69 Max: 1472.64
Current: 87.25

During the past 8 years, Econet Wireless Zimbabwe's highest Days Sales Outstanding was 1472.64. The lowest was 10.66. And the median was 25.69.

XZIM:ECO.ZW's Days Sales Outstanding is ranked worse than
73.94% of 376 companies
in the Telecommunication Services industry
Industry Median: 56.655 vs XZIM:ECO.ZW: 87.25

Econet Wireless Zimbabwe's Days Sales Outstanding increased from Aug. 2022 (18.38) to Aug. 2023 (57.53).

Econet Wireless Zimbabwe Days Sales Outstanding Historical Data

The historical data trend for Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe Days Sales Outstanding Chart

Econet Wireless Zimbabwe Annual Data

Trend

Feb09

Feb11

Feb12

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

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1,472.64

31.05

20.15

10.66

20.33

Econet Wireless Zimbabwe Semi-Annual Data
	Feb11	Aug11	Feb12	Aug12	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial										10.41	13.95	18.38	-	57.53

Competitive Comparison of Econet Wireless Zimbabwe's Days Sales Outstanding

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Econet Wireless Zimbabwe's Days Sales Outstanding falls into.

Econet Wireless Zimbabwe 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.

Econet Wireless Zimbabwe'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
=	( (14588.896	+	23198.626)	/	2 )	/	339167.367	*	365
=	18893.761					/	339167.367	*	365
=	20.33

Econet Wireless Zimbabwe's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (23198.626	+	670143)	/	2 )	/	1099652	*	365 / 2
=	346670.813					/	1099652	*	365 / 2
=	57.53

Econet Wireless Zimbabwe (XZIM:ECO.ZW) Days Sales Outstanding Explanation

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

Econet Wireless Zimbabwe Days Sales Outstanding Related Terms

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Econet Wireless Zimbabwe (XZIM:ECO.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Econet Wireless Zimbabwe Ltd (XZIM:ECO.ZW) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

2 Old Mutare Road, Econet Park, Msasa, Harare, ZWE

Website

http://www.econet.co.zw

Econet Wireless Zimbabwe Ltd is a holding company. It operates in the following segments: Cellular Network Operations, which provides cellular network services Investments & Administrations, which is the investment vehicle. The Cellular Network Operations generate maximum revenue for the company. Geographically the company offers its services only in the Zimbabwe region.

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