Smart Parking (ASX:SPZ) Days Sales Outstanding : 63.37 (As of Dec. 2023)

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What is Smart Parking Days Sales Outstanding?

Smart Parking's average Accounts Receivable for the six months ended in Dec. 2023 was A$9.23 Mil. Smart Parking's Revenue for the six months ended in Dec. 2023 was A$26.58 Mil. Hence, Smart Parking's Days Sales Outstanding for the six months ended in Dec. 2023 was 63.37.

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

ASX:SPZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.07 Med: 27.48 Max: 68.57
Current: 68.57

During the past 13 years, Smart Parking's highest Days Sales Outstanding was 68.57. The lowest was 21.07. And the median was 27.48.

ASX:SPZ's Days Sales Outstanding is ranked better than
53.52% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs ASX:SPZ: 68.57

Smart Parking's Days Sales Outstanding increased from Dec. 2022 (53.13) to Dec. 2023 (63.37).

Smart Parking Days Sales Outstanding Historical Data

The historical data trend for Smart Parking'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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Smart Parking Days Sales Outstanding Chart

Smart Parking Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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27.51

22.87

37.49

28.07

27.44

Smart Parking 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															60.52	41.69	53.13	50.97	63.37

Competitive Comparison of Smart Parking's Days Sales Outstanding

For the Infrastructure Operations subindustry, Smart Parking'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.

Smart Parking's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Smart Parking's Days Sales Outstanding distribution charts can be found below:

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

Smart Parking 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.

Smart Parking'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
=	( (3.407	+	3.366)	/	2 )	/	45.051	*	365
=	3.3865					/	45.051	*	365
=	27.44

Smart Parking'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
=	( (3.366	+	15.095)	/	2 )	/	26.581	*	365 / 2
=	9.2305					/	26.581	*	365 / 2
=	63.37

Smart Parking (ASX:SPZ) Days Sales Outstanding Explanation

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

Smart Parking Days Sales Outstanding Related Terms

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Smart Parking (ASX:SPZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Smart Parking Ltd (ASX:SPZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Dundas Place, Albert Park, VIC, AUS, 3206

Website

https://www.smartparking.com

Smart Parking Ltd engages in the provision of design, development, and management of parking technology. It operates through three segments. The Technology segment consists of the sale of Smart City and IoT technology products and solutions predominantly to the parking market globally; the Parking Management segment, which is the key revenue driver, consists of the provision of car parking management services on behalf of third party car park owners and on sites leased by the company and managed on its own behalf in the UK; and Research and Development segment includes costs to research, develop and enhance software/hardware for both the Technology and Parking Management divisions. Geographically, it has a presence in North America; UK and Europe; Asia, and Australia.

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