goeasy (goeasy) Days Sales Outstanding

: 20.12 (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

goeasy's average Accounts Receivable for the three months ended in Dec. 2023 was $55.6 Mil. goeasy's Revenue for the three months ended in Dec. 2023 was $252.0 Mil. Hence, goeasy's Days Sales Outstanding for the three months ended in Dec. 2023 was 20.12.

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

EHMEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.93 Med: 9.21 Max: 19.36
Current: 19.15

During the past 13 years, goeasy's highest Days Sales Outstanding was 19.36. The lowest was 5.93. And the median was 9.21.

EHMEF's Days Sales Outstanding is ranked better than
64.26% of 263 companies
in the Credit Services industry
Industry Median: 42.35 vs EHMEF: 19.15

goeasy's Days Sales Outstanding increased from Dec. 2022 (18.44) to Dec. 2023 (20.12).

goeasy Days Sales Outstanding Historical Data

The historical data trend for goeasy'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.

goeasy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

7.98

9.08

12.20

17.03

19.27

goeasy Quarterly Data
	Mar19	Jun19	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															18.44	18.30	18.44	19.24	20.12

Competitive Comparison

For the Credit Services subindustry, goeasy'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.

goeasy Days Sales Outstanding Distribution

For the Credit Services industry and Financial Services sector, goeasy's Days Sales Outstanding distribution charts can be found below:

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

goeasy 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.

goeasy'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
=	( (39.769	+	58.594)	/	2 )	/	931.775	*	365
=	49.1815					/	931.775	*	365
=	19.27

goeasy'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
=	( (52.567	+	58.594)	/	2 )	/	252.021	*	365 / 4
=	55.5805					/	252.021	*	365 / 4
=	20.12

goeasy (OTCPK:EHMEF) Days Sales Outstanding Explanation

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

goeasy Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of goeasy's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

goeasy (goeasy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » goeasy Ltd (OTCPK:EHMEF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

1ES:Germany GSY:Canada

Address

33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5

Website

https://www.goeasy.com

goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.