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FleetPartners Group (ASX:FPR) Days Sales Outstanding : 43.14 (As of Sep. 2023)


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What is FleetPartners Group Days Sales Outstanding?

FleetPartners Group's average Accounts Receivable for the six months ended in Sep. 2023 was A$69.2 Mil. FleetPartners Group's Revenue for the six months ended in Sep. 2023 was A$292.9 Mil. Hence, FleetPartners Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 43.14.

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

ASX:FPR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.34   Med: 36.95   Max: 75.7
Current: 40.16

During the past 9 years, FleetPartners Group's highest Days Sales Outstanding was 75.70. The lowest was 29.34. And the median was 36.95.

ASX:FPR's Days Sales Outstanding is ranked better than
75% of 1036 companies
in the Business Services industry
Industry Median: 58.73 vs ASX:FPR: 40.16

FleetPartners Group's Days Sales Outstanding increased from Sep. 2022 (39.24) to Sep. 2023 (43.14).


FleetPartners Group Days Sales Outstanding Historical Data

The historical data trend for FleetPartners 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.

* Premium members only.

FleetPartners Group Days Sales Outstanding Chart

FleetPartners Group Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 65.35 34.28 29.34 31.64 36.95

FleetPartners Group Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.01 30.64 39.24 40.43 43.14

Competitive Comparison of FleetPartners Group's Days Sales Outstanding

For the Rental & Leasing Services subindustry, FleetPartners 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.


FleetPartners Group's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, FleetPartners Group's Days Sales Outstanding distribution charts can be found below:

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



FleetPartners 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.

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

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (57.958 + 62.526) / 2 ) / 595.077*365
=60.242 / 595.077*365
=36.95

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

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (75.939 + 62.526) / 2 ) / 292.872*365 / 2
=69.2325 / 292.872*365 / 2
=43.14

* 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.


FleetPartners Group  (ASX:FPR) Days Sales Outstanding Explanation

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


FleetPartners Group Days Sales Outstanding Related Terms

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FleetPartners Group (ASX:FPR) Business Description

Traded in Other Exchanges
N/A
Address
601 Pacific Highway, Level 6, St Leonards, Sydney, NSW, AUS, 2065
FleetPartners Group Ltd is a provider of fleet leasing and fleet management services that operates across Australia and New Zealand. The company offers consumers and businesses access to funding solutions including fleet leasing, novated leasing, and salary packaging solutions. Its business segments include Australia commercial, novated, and New Zealand commercial, with the majority of revenue flowing from Australia commercial. Australia commercial provides fleet leasing and management services; novated provides novated leasing and salary packaging services in Australia, and New Zealand commercial provides fleet leasing, management, and vehicle dealerships. Some of its brands include FleetPartners, FleetPlus and FleetChoice.

FleetPartners Group (ASX:FPR) Headlines

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