CTI Logistics (ASX:CLX) Days Sales Outstanding : 41.67 (As of Dec. 2023)

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What is CTI Logistics Days Sales Outstanding?

CTI Logistics's average Accounts Receivable for the six months ended in Dec. 2023 was A$37.0 Mil. CTI Logistics's Revenue for the six months ended in Dec. 2023 was A$161.8 Mil. Hence, CTI Logistics's Days Sales Outstanding for the six months ended in Dec. 2023 was 41.67.

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

ASX:CLX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.5 Med: 43.33 Max: 55.29
Current: 45.8

During the past 13 years, CTI Logistics's highest Days Sales Outstanding was 55.29. The lowest was 40.50. And the median was 43.33.

ASX:CLX's Days Sales Outstanding is ranked worse than
50.21% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs ASX:CLX: 45.80

CTI Logistics's Days Sales Outstanding declined from Dec. 2022 (43.49) to Dec. 2023 (41.67).

CTI Logistics Days Sales Outstanding Historical Data

The historical data trend for CTI Logistics'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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CTI Logistics Days Sales Outstanding Chart

CTI Logistics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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45.87

45.05

42.31

41.05

40.50

CTI Logistics 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	Get a 7-Day Free Trial															45.15	43.25	43.49	46.88	41.67

Competitive Comparison of CTI Logistics's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, CTI Logistics'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.

CTI Logistics's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTI Logistics's Days Sales Outstanding distribution charts can be found below:

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

CTI Logistics 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.

CTI Logistics'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
=	( (34.218	+	32.718)	/	2 )	/	301.658	*	365
=	33.468					/	301.658	*	365
=	40.50

CTI Logistics'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
=	( (32.718	+	41.196)	/	2 )	/	161.847	*	365 / 2
=	36.957					/	161.847	*	365 / 2
=	41.67

CTI Logistics (ASX:CLX) Days Sales Outstanding Explanation

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

CTI Logistics Days Sales Outstanding Related Terms

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CTI Logistics (ASX:CLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTI Logistics Ltd (ASX:CLX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Drummond Place, West Perth, Perth, WA, AUS, 6005

Website

https://www.ctilogistics.com

CTI Logistics Ltd is an integrated shipping and logistics company. It is organized into four operating segments, which are Transport, Logistics, Property, and Other. The Transport Services segment includes the provision of the courier, taxi truck, parcel distribution, and fleet management. Logistics services include the provision of warehousing and distribution, specialized flooring logistics, supply-based management services, and document storage services. The property segment includes rental of owner-occupied and investment property. The Other segment is engaged in the provision of security services.