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AutoCanada (AutoCanada) Days Sales Outstanding : 12.14 (As of Dec. 2023)


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AutoCanada Days Sales Outstanding Definition

AutoCanada's average Accounts Receivable for the three months ended in Dec. 2023 was $147 Mil. AutoCanada's Revenue for the three months ended in Dec. 2023 was $1,106 Mil. Hence, AutoCanada's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.14.

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

AOCIF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.94   Med: 10.32   Max: 13.33
Current: 10.31

During the past 13 years, AutoCanada's highest Days Sales Outstanding was 13.33. The lowest was 7.94. And the median was 10.32.

AOCIF's Days Sales Outstanding is ranked better than
93.22% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.715 vs AOCIF: 10.31

AutoCanada's Days Sales Outstanding increased from Dec. 2022 (10.98) to Dec. 2023 (12.14).


AutoCanada Days Sales Outstanding Historical Data

The historical data trend for AutoCanada'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.

AutoCanada Days Sales Outstanding Chart

AutoCanada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.20 12.70 8.22 8.13 9.67

AutoCanada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.98 9.93 9.00 10.88 12.14

Competitive Comparison of AutoCanada's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, AutoCanada'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.


AutoCanada's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, AutoCanada's Days Sales Outstanding distribution charts can be found below:

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



AutoCanada 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.

AutoCanada'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
=( (118.08 + 136.159) / 2 ) / 4797.856*365
=127.1195 / 4797.856*365
=9.67

AutoCanada'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
=( (158.126 + 136.159) / 2 ) / 1105.988*365 / 4
=147.1425 / 1105.988*365 / 4
=12.14

* 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.


AutoCanada  (OTCPK:AOCIF) Days Sales Outstanding Explanation

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


AutoCanada Days Sales Outstanding Related Terms

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


AutoCanada (AutoCanada) Business Description

Traded in Other Exchanges
Address
15511 123 Avenue NW, Suite 200, Edmonton, AB, CAN, T5V 0C3
AutoCanada Inc operates car dealerships in Canada. The company offers new and used vehicles, spare parts, maintenance services, and customer financing. AutoCanada retails brands such as Chrysler, Dodge, Jeep, Ram, Cadillac, Chevrolet, Buick, GMC, Audi, Volkswagen, BMW, Mini, Infiniti, Nissan, Hyundai, Kia, Fiat, Mitsubishi, and Subaru. The majority of revenue is generated in the new-vehicles sales segment.

AutoCanada (AutoCanada) Headlines

From GuruFocus

AutoCanada Provides Operational Update in Response to COVID-19

By PRNewswire PRNewswire 03-25-2020

AutoCanada Acquires Illinois Based Grossinger Auto Group

By PRNewswire PRNewswire 03-22-2018

AutoCanada Announces Management and Board Changes

By PRNewswire PRNewswire 08-15-2018

AutoCanada Announces Executive Appointments

By PRNewswire PRNewswire 08-22-2018

AutoCanada Appoints Michael Rawluk as President

By PRNewswire PRNewswire 07-03-2018

AutoCanada Acknowledges Receipt of Letter from Clearwater

By PRNewswire PRNewswire 06-12-2018