Alliance Entertainment Holding (Alliance Entertainment Holding) Days Sales Outstanding : 29.70 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Alliance Entertainment Holding Days Sales Outstanding?

Alliance Entertainment Holding's average Accounts Receivable for the three months ended in Dec. 2023 was $139 Mil. Alliance Entertainment Holding's Revenue for the three months ended in Dec. 2023 was $426 Mil. Hence, Alliance Entertainment Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 29.70.

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

AENT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.04 Med: 30.7 Max: 40.95
Current: 40.95

During the past 4 years, Alliance Entertainment Holding's highest Days Sales Outstanding was 40.95. The lowest was 27.04. And the median was 30.70.

AENT's Days Sales Outstanding is ranked better than
76.03% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.425 vs AENT: 40.95

Alliance Entertainment Holding's Days Sales Outstanding declined from Dec. 2022 (35.02) to Dec. 2023 (29.70).

Alliance Entertainment Holding Days Sales Outstanding Historical Data

The historical data trend for Alliance Entertainment Holding'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.

Alliance Entertainment Holding Days Sales Outstanding Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

30.70

27.04

32.07

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						35.02	50.15	34.04	39.93	29.70

Competitive Comparison of Alliance Entertainment Holding's Days Sales Outstanding

For the Entertainment subindustry, Alliance Entertainment Holding'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.

Alliance Entertainment Holding's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alliance Entertainment Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Alliance Entertainment Holding's Days Sales Outstanding falls into.

Alliance Entertainment Holding 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.

Alliance Entertainment Holding'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
=	( (98.699	+	104.939)	/	2 )	/	1158.722	*	365
=	101.819					/	1158.722	*	365
=	32.07

Alliance Entertainment Holding'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (93.504	+	183.564)	/	2 )	/	425.586	*	365 / 4
=	138.534					/	425.586	*	365 / 4
=	29.70

Alliance Entertainment Holding (NAS:AENT) Days Sales Outstanding Explanation

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

Alliance Entertainment Holding Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Alliance Entertainment Holding's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.