ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Days Sales Outstanding : 39.72 (As of Dec. 2023)

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What is ZIM Integrated Shipping Services Days Sales Outstanding?

ZIM Integrated Shipping Services's average Accounts Receivable for the three months ended in Dec. 2023 was $525 Mil. ZIM Integrated Shipping Services's Revenue for the three months ended in Dec. 2023 was $1,205 Mil. Hence, ZIM Integrated Shipping Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.72.

The historical rank and industry rank for ZIM Integrated Shipping Services's Days Sales Outstanding or its related term are showing as below:

ZIM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.87 Med: 32.46 Max: 43.65
Current: 43.65

During the past 7 years, ZIM Integrated Shipping Services's highest Days Sales Outstanding was 43.65. The lowest was 26.87. And the median was 32.46.

ZIM's Days Sales Outstanding is ranked better than
53.06% of 965 companies
in the Transportation industry
Industry Median: 45.68 vs ZIM: 43.65

ZIM Integrated Shipping Services's Days Sales Outstanding increased from Dec. 2022 (36.69) to Dec. 2023 (39.72).

ZIM Integrated Shipping Services Days Sales Outstanding Historical Data

The historical data trend for ZIM Integrated Shipping Services'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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ZIM Integrated Shipping Services Days Sales Outstanding Chart

ZIM Integrated Shipping Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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31.94

32.98

27.82

26.87

38.05

ZIM Integrated Shipping Services Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															36.69	45.38	47.60	47.14	39.72

Competitive Comparison of ZIM Integrated Shipping Services's Days Sales Outstanding

For the Marine Shipping subindustry, ZIM Integrated Shipping Services'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.

ZIM Integrated Shipping Services's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ZIM Integrated Shipping Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ZIM Integrated Shipping Services's Days Sales Outstanding falls into.

ZIM Integrated Shipping Services 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.

ZIM Integrated Shipping Services'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
=	( (671.5	+	404.9)	/	2 )	/	5162.2	*	365
=	538.2					/	5162.2	*	365
=	38.05

ZIM Integrated Shipping Services'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (644.3	+	404.9)	/	2 )	/	1205.3	*	365 / 4
=	524.6					/	1205.3	*	365 / 4
=	39.72

ZIM Integrated Shipping Services (NYSE:ZIM) Days Sales Outstanding Explanation

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

ZIM Integrated Shipping Services Days Sales Outstanding Related Terms

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ZIM Integrated Shipping Services (ZIM Integrated Shipping Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ZIM Integrated Shipping Services Ltd (NYSE:ZIM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

2SV:Germany

Address

9 Andrei Sakharov Street, P.O. Box 15067, Matam, Haifa, ISR, 3190500

Website

https://www.zim.com

ZIM Integrated Shipping Services Ltd is an asset-light container liner shipping company. It offers tailored services, including land transportation and logistical services, specialized shipping solutions, including the transportation of out-of-gauge cargo, refrigerated cargo, and dangerous and hazardous cargo. Its services include Cargo Services, Digital Services, Schedules, and Shipping Trades and Lines. Geographically, it derives a majority of revenue from the Pacific.