Cobram Estate Olives (ASX:CBO) Days Sales Outstanding : 25.45 (As of Dec. 2023)

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What is Cobram Estate Olives Days Sales Outstanding?

Cobram Estate Olives's average Accounts Receivable for the six months ended in Dec. 2023 was A$16.0 Mil. Cobram Estate Olives's Revenue for the six months ended in Dec. 2023 was A$114.4 Mil. Hence, Cobram Estate Olives's Days Sales Outstanding for the six months ended in Dec. 2023 was 25.45.

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

ASX:CBO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.96 Med: 23.31 Max: 26.32
Current: 26.32

During the past 2 years, Cobram Estate Olives's highest Days Sales Outstanding was 26.32. The lowest was 22.96. And the median was 23.31.

ASX:CBO's Days Sales Outstanding is ranked better than
70.05% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.085 vs ASX:CBO: 26.32

Cobram Estate Olives's Days Sales Outstanding declined from Dec. 2022 (28.98) to Dec. 2023 (25.45).

Cobram Estate Olives Days Sales Outstanding Historical Data

The historical data trend for Cobram Estate Olives'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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Cobram Estate Olives Days Sales Outstanding Chart

Cobram Estate Olives Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

22.96

23.65

Cobram Estate Olives Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			35.84	27.07	28.98	25.30	25.45

Competitive Comparison of Cobram Estate Olives's Days Sales Outstanding

For the Packaged Foods subindustry, Cobram Estate Olives'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.

Cobram Estate Olives's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cobram Estate Olives's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cobram Estate Olives's Days Sales Outstanding falls into.

Cobram Estate Olives 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.

Cobram Estate Olives'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
=	( (8.784	+	13.113)	/	2 )	/	168.954	*	365
=	10.9485					/	168.954	*	365
=	23.65

Cobram Estate Olives'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
=	( (13.113	+	18.801)	/	2 )	/	114.411	*	365 / 2
=	15.957					/	114.411	*	365 / 2
=	25.45

Cobram Estate Olives (ASX:CBO) Days Sales Outstanding Explanation

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

Cobram Estate Olives Days Sales Outstanding Related Terms

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Cobram Estate Olives (ASX:CBO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cobram Estate Olives Ltd (ASX:CBO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

151 Broderick Road, Corio, Lara, VIC, AUS, 3212

Website

https://www.cobramestateolives.com.au

Cobram Estate Olives Ltd is a producer and marketer of premium quality extra virgin olive oil. It owns the two Australian extra virgin olive oil brands, Cobram Estate and Red Island. The company's geographical segment includes Australia; United States of America and Innovation and value-added products. It derives a majority of revenue from Australian operations.

Cobram Estate Olives (ASX:CBO) Headlines

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