Hearts And Minds Investments (ASX:HM1) Days Sales Outstanding : 0.98 (As of Dec. 2023)

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What is Hearts And Minds Investments Days Sales Outstanding?

Hearts And Minds Investments's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.14 Mil. Hearts And Minds Investments's Revenue for the six months ended in Dec. 2023 was A$25.99 Mil. Hence, Hearts And Minds Investments's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.98.

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

ASX:HM1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.06 Med: 30.04 Max: 30.04
Current: 2.06

During the past 5 years, Hearts And Minds Investments's highest Days Sales Outstanding was 30.04. The lowest was 2.06. And the median was 30.04.

ASX:HM1's Days Sales Outstanding is ranked better than
95.49% of 510 companies
in the Asset Management industry
Industry Median: 48.955 vs ASX:HM1: 2.06

Hearts And Minds Investments's Days Sales Outstanding declined from Dec. 2022 (1.55) to Dec. 2023 (0.98).

Hearts And Minds Investments Days Sales Outstanding Historical Data

The historical data trend for Hearts And Minds Investments'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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Hearts And Minds Investments Days Sales Outstanding Chart

Hearts And Minds Investments Annual Data

Trend

Oct18

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

30.04

Hearts And Minds Investments Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				8.69	-	1.55	3.72	0.98

Competitive Comparison of Hearts And Minds Investments's Days Sales Outstanding

For the Asset Management subindustry, Hearts And Minds Investments'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.

Hearts And Minds Investments's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hearts And Minds Investments's Days Sales Outstanding falls into.

Hearts And Minds Investments 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.

Hearts And Minds Investments'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	+	0)	/	1 )	/	57.57	*	365
=	0					/	57.57	*	365
=	0.00

Hearts And Minds Investments'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
=	( (0	+	0.139)	/	1 )	/	25.986	*	365 / 2
=	0.139					/	25.986	*	365 / 2
=	0.98

Hearts And Minds Investments (ASX:HM1) Days Sales Outstanding Explanation

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

Hearts And Minds Investments Days Sales Outstanding Related Terms

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Hearts And Minds Investments (ASX:HM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hearts And Minds Investments Ltd (ASX:HM1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000

Website

https://www.heartsandmindsinvestments.com.au

Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, it has a presence in the United States; Australia; Hong Kong; Germany; Japan; Canada, and the United Kingdom.

Hearts And Minds Investments (ASX:HM1) Headlines

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