Ashtead Technology Holdings (LSE:AT.) Days Sales Outstanding : 67.89 (As of Dec. 2023)

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What is Ashtead Technology Holdings Days Sales Outstanding?

Ashtead Technology Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was £22.5 Mil. Ashtead Technology Holdings's Revenue for the six months ended in Dec. 2023 was £60.6 Mil. Hence, Ashtead Technology Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.89.

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

LSE:AT.' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.48 Med: 77.41 Max: 91.38
Current: 67.84

During the past 7 years, Ashtead Technology Holdings's highest Days Sales Outstanding was 91.38. The lowest was 65.48. And the median was 77.41.

LSE:AT.'s Days Sales Outstanding is ranked worse than
67.59% of 935 companies
in the Oil & Gas industry
Industry Median: 49.11 vs LSE:AT.: 67.84

Ashtead Technology Holdings's Days Sales Outstanding declined from Dec. 2022 (76.70) to Dec. 2023 (67.89).

Ashtead Technology Holdings Days Sales Outstanding Historical Data

The historical data trend for Ashtead Technology 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.

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Ashtead Technology Holdings Days Sales Outstanding Chart

Ashtead Technology Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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91.38

90.41

71.73

76.64

65.48

Ashtead Technology Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					85.41	93.48	76.70	70.39	67.89

Competitive Comparison of Ashtead Technology Holdings's Days Sales Outstanding

For the Oil & Gas Equipment & Services subindustry, Ashtead Technology 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.

Ashtead Technology Holdings's Days Sales Outstanding Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ashtead Technology Holdings's Days Sales Outstanding distribution charts can be found below:

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

Ashtead Technology 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.

Ashtead Technology Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (16.494	+	23.139)	/	2 )	/	110.466	*	365
=	19.8165					/	110.466	*	365
=	65.48

Ashtead Technology Holdings'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
=	( (21.959	+	23.139)	/	2 )	/	60.62	*	365 / 2
=	22.549					/	60.62	*	365 / 2
=	67.89

Ashtead Technology Holdings (LSE:AT.) Days Sales Outstanding Explanation

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

Ashtead Technology Holdings Days Sales Outstanding Related Terms

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Ashtead Technology Holdings (LSE:AT.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ashtead Technology Holdings PLC (LSE:AT.) » Definitions » Days Sales Outstanding

Comparable Companies

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Y9R:Germany

Address

Ashtead House, Discovery Drive, Westhill, Aberdeenshire, GBR, AB32 6FG

Website

https://www.ashtead-technology.com

Ashtead Technology Holdings PLC is a subsea equipment rental and solutions organization supporting the installation, inspection, maintenance, repair, and decommissioning of infrastructure across the offshore energy industry. Its service offering is applicable across the lifecycle of offshore wind farms and offshore oil and gas infrastructure. The company operates in the following four geographic regions, which have been determined as the Group's reportable segments. The operations of each geographic region are similar: Europe; the Americas; Asia-Pacific and the Middle East.

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