AUB Group (ASX:AUB) Days Sales Outstanding

: 113.87 (As of Dec. 2023)

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AUB Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$274.2 Mil. AUB Group's Revenue for the six months ended in Dec. 2023 was A$439.4 Mil. Hence, AUB Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 113.87.

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

ASX:AUB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.91 Med: 42.73 Max: 112.21
Current: 112.21

During the past 13 years, AUB Group's highest Days Sales Outstanding was 112.21. The lowest was 28.91. And the median was 42.73.

ASX:AUB's Days Sales Outstanding is ranked worse than
83.93% of 56 companies
in the Insurance industry
Industry Median: 58.56 vs ASX:AUB: 112.21

AUB Group's Days Sales Outstanding declined from Dec. 2022 (120.43) to Dec. 2023 (113.87).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

AUB Group Days Sales Outstanding Historical Data

The historical data trend for AUB 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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AUB Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

44.07

39.12

28.91

78.08

106.23

AUB Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																52.77	91.30	120.43	118.87	113.87

Competitive Comparison

For the Insurance Brokers subindustry, AUB 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.

AUB Group Days Sales Outstanding Distribution

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

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

AUB 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.

AUB Group'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
=	( (117.679	+	313.079)	/	2 )	/	740.015	*	365
=	215.379					/	740.015	*	365
=	106.23

AUB Group'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
=	( (313.079	+	235.28)	/	2 )	/	439.439	*	365 / 2
=	274.1795					/	439.439	*	365 / 2
=	113.87

AUB Group (ASX:AUB) Days Sales Outstanding Explanation

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

AUB Group Days Sales Outstanding Related Terms

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AUB Group (ASX:AUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AUB Group Ltd (ASX:AUB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

A5H:Germany

Address

141 Walker Street, Level 14, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.aubgroup.com.au

AUB Group is the second-largest general insurance broker network in Australia and New Zealand. It has an ownership in brokerage businesses which collectively write over AUD 5 billion in premiums. It also owns equity stakes in 27 underwriting agencies. AUB derives revenue from commissions (from insurers, ultimately paid for by AUB's customers) based on gross written premium, or GWP, from agencies it owns, and a share of profits from associates and joint ventures. GWP is split between personal (7%), small to medium enterprises (65%), and corporates (28%).