Aspen Group (ASX:APZ) Days Sales Outstanding : 9.62 (As of Dec. 2023)

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What is Aspen Group Days Sales Outstanding?

Aspen Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$2.22 Mil. Aspen Group's Revenue for the six months ended in Dec. 2023 was A$42.10 Mil. Hence, Aspen Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.62.

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

ASX:APZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.46 Med: 25.2 Max: 69
Current: 11.8

During the past 13 years, Aspen Group's highest Days Sales Outstanding was 69.00. The lowest was 6.46. And the median was 25.20.

ASX:APZ's Days Sales Outstanding is ranked better than
72.99% of 1666 companies
in the Real Estate industry
Industry Median: 36.41 vs ASX:APZ: 11.80

Aspen Group's Days Sales Outstanding declined from Dec. 2022 (10.89) to Dec. 2023 (9.62).

Aspen Group Days Sales Outstanding Historical Data

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

Aspen Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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24.54

26.08

15.77

8.18

6.46

Aspen Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															21.15	15.64	10.89	11.63	9.62

Competitive Comparison of Aspen Group's Days Sales Outstanding

For the Real Estate - Diversified subindustry, Aspen 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.

Aspen Group's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aspen Group's Days Sales Outstanding distribution charts can be found below:

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

Aspen 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.

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

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.946	+	1.377)	/	2 )	/	65.668	*	365
=	1.1615					/	65.668	*	365
=	6.46

Aspen 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
=	( (1.377	+	3.062)	/	2 )	/	42.1	*	365 / 2
=	2.2195					/	42.1	*	365 / 2
=	9.62

Aspen Group (ASX:APZ) Days Sales Outstanding Explanation

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

Aspen Group Days Sales Outstanding Related Terms

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Aspen Group (ASX:APZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aspen Group Ltd (ASX:APZ) » Definitions » Days Sales Outstanding

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AYV1:Germany

Address

285A Crown Street, Suite 21, Surry Hills, Sydney, NSW, AUS, 2010

Website

https://www.aspengroup.com.au

Aspen Group Ltd is an Australia-based company engaged in the business of investment in commercial and non-core development assets. It operates through the segment being investment properties within Australia.

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