Adcorp Holdings (JSE:ADR) Days Sales Outstanding : 39.02 (As of Aug. 2023)

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What is Adcorp Holdings Days Sales Outstanding?

Adcorp Holdings's average Accounts Receivable for the six months ended in Aug. 2023 was R1,381 Mil. Adcorp Holdings's Revenue for the six months ended in Aug. 2023 was R6,458 Mil. Hence, Adcorp Holdings's Days Sales Outstanding for the six months ended in Aug. 2023 was 39.02.

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

JSE:ADR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.96 Med: 55.21 Max: 57.53
Current: 39.96

During the past 13 years, Adcorp Holdings's highest Days Sales Outstanding was 57.53. The lowest was 39.96. And the median was 55.21.

JSE:ADR's Days Sales Outstanding is ranked better than
75.48% of 1036 companies
in the Business Services industry
Industry Median: 58.43 vs JSE:ADR: 39.96

Adcorp Holdings's Days Sales Outstanding declined from Aug. 2022 (42.48) to Aug. 2023 (39.02).

Adcorp Holdings Days Sales Outstanding Historical Data

The historical data trend for Adcorp Holdings'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.

Adcorp Holdings Days Sales Outstanding Chart

Adcorp Holdings Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

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54.76

56.65

51.44

43.77

40.49

Adcorp Holdings Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial															43.72	43.39	42.48	40.25	39.02

Competitive Comparison of Adcorp Holdings's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Adcorp Holdings'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.

Adcorp Holdings's Days Sales Outstanding Distribution in the Business Services Industry

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

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

Adcorp Holdings 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.

Adcorp Holdings's Days Sales Outstanding for the fiscal year that ended in Feb. 2023 is calculated as

	Days Sales Outstanding (A: Feb. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )	*	Days in Period
=	( (1336.354	+	1337.049)	/	2 )	/	12048.951	*	365
=	1336.7015					/	12048.951	*	365
=	40.49

Adcorp Holdings's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (1337.049	+	1424.231)	/	2 )	/	6458.108	*	365 / 2
=	1380.64					/	6458.108	*	365 / 2
=	39.02

Adcorp Holdings (JSE:ADR) Days Sales Outstanding Explanation

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

Adcorp Holdings Days Sales Outstanding Related Terms

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Adcorp Holdings (JSE:ADR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Adcorp Holdings Ltd (JSE:ADR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 Western Service Road, Adcorp Place, Gallo Manor Ext 6, Johannesburg, GT, ZAF, 2191

Website

https://www.adcorpgroup.com

Adcorp Holdings Ltd is engaged in providing workplace solutions. The company renders services in the fields of permanent recruitment and flexible staffing sectors, professional IT services, as well as the provision of business process outsourcing, training, and financial services. Its operating segments are Industrial Services, Professional Services, Training Services, and Australia. The geographical segments are South Africa and International.

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