Chorus (ASX:CNU) Days Sales Outstanding : 45.06 (As of Dec. 2023)

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What is Chorus Days Sales Outstanding?

Chorus's average Accounts Receivable for the six months ended in Dec. 2023 was A$115.4 Mil. Chorus's Revenue for the six months ended in Dec. 2023 was A$467.6 Mil. Hence, Chorus's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.06.

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

ASX:CNU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.53 Med: 53.98 Max: 67.68
Current: 48.98

During the past 12 years, Chorus's highest Days Sales Outstanding was 67.68. The lowest was 41.53. And the median was 53.98.

ASX:CNU's Days Sales Outstanding is ranked better than
59.06% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.4 vs ASX:CNU: 48.98

Chorus's Days Sales Outstanding declined from Dec. 2022 (50.78) to Dec. 2023 (45.06).

Chorus Days Sales Outstanding Historical Data

The historical data trend for Chorus'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.

Chorus Days Sales Outstanding Chart

Chorus Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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59.07

53.75

54.54

47.37

41.27

Chorus 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															47.08	47.60	50.78	46.93	45.06

Competitive Comparison of Chorus's Days Sales Outstanding

For the Telecom Services subindustry, Chorus'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.

Chorus's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chorus's Days Sales Outstanding distribution charts can be found below:

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

Chorus 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.

Chorus'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
=	( (113.008	+	89.583)	/	2 )	/	895.828	*	365
=	101.2955					/	895.828	*	365
=	41.27

Chorus'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
=	( (89.583	+	141.312)	/	2 )	/	467.63	*	365 / 2
=	115.4475					/	467.63	*	365 / 2
=	45.06

Chorus (ASX:CNU) Days Sales Outstanding Explanation

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

Chorus Days Sales Outstanding Related Terms

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

Chorus (ASX:CNU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Chorus Ltd (ASX:CNU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CHRUF:USA CHRYY:USA CNU:New Zealand 7CH:Germany

Address

1 Willis Street, Level 10, P.O. Box 632, Wellington, NTL, NZL

Website

https://www.chorus.co.nz

Chorus is New Zealand's largest fixed-line communications infrastructure entity, and was demerged in 2011 from Telecom New Zealand. Chorus offers wholesale access to its nationwide copper and fibre network to retail service providers. It also provides backhaul services to retail service providers and connects mobile phone towers. At the end of 2022, Chorus completed the government's rollout of ultra-fast broadband, or UFB, a fibre-to-the-premises network to cover 87% of the population in New Zealand.

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