Purple Group (JSE:PPE) Days Sales Outstanding : 23.40 (As of Feb. 2024)

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What is Purple Group Days Sales Outstanding?

Purple Group's average Accounts Receivable for the six months ended in Feb. 2024 was R24.2 Mil. Purple Group's Revenue for the six months ended in Feb. 2024 was R188.8 Mil. Hence, Purple Group's Days Sales Outstanding for the six months ended in Feb. 2024 was 23.40.

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

JSE:PPE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.65 Med: 22.01 Max: 45.09
Current: 45.09

During the past 13 years, Purple Group's highest Days Sales Outstanding was 45.09. The lowest was 3.65. And the median was 22.01.

JSE:PPE's Days Sales Outstanding is ranked better than
56% of 75 companies
in the Diversified Financial Services industry
Industry Median: 53.39 vs JSE:PPE: 45.09

Purple Group's Days Sales Outstanding declined from Feb. 2023 (49.51) to Feb. 2024 (23.40).

Purple Group Days Sales Outstanding Historical Data

The historical data trend for Purple 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.

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Purple Group Days Sales Outstanding Chart

Purple Group Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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25.45

39.57

38.43

19.46

24.55

Purple Group Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															43.75	36.79	49.51	68.35	23.40

Competitive Comparison of Purple Group's Days Sales Outstanding

For the Financial Conglomerates subindustry, Purple 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.

Purple Group's Days Sales Outstanding Distribution in the Diversified Financial Services Industry

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

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

Purple 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.

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

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (9.475	+	27.66)	/	2 )	/	276.062	*	365
=	18.5675					/	276.062	*	365
=	24.55

Purple Group's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (27.66	+	20.755)	/	2 )	/	188.793	*	365 / 2
=	24.2075					/	188.793	*	365 / 2
=	23.40

Purple Group (JSE:PPE) Days Sales Outstanding Explanation

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

Purple Group Days Sales Outstanding Related Terms

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Purple Group (JSE:PPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Purple Group Ltd (JSE:PPE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

173 Oxford Road, WeWork - Coworking & Office Space1F, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.purplegroup.co.za

Purple Group Ltd operates as a financial services company, which engages in derivatives trading and asset management. It operates its business through the following segments: GT247.com and Emperor Asset Management (EAM); EasyEquities Group and Head Office and Investments. The GT247.com and EAM segment involves trading and asset management operations. The EasyEquities segment is the web-based investment platform of the Group and includes EasyProperties, EasyCrypto, and RISE. The Head Office and Investments represent fees and dividends earned on investments and fair value adjustments made against them, as well as head office costs.

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