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Perpetual (ASX:PPT) Days Sales Outstanding : 57.17 (As of Dec. 2023)


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What is Perpetual Days Sales Outstanding?

Perpetual's average Accounts Receivable for the six months ended in Dec. 2023 was A$201 Mil. Perpetual's Revenue for the six months ended in Dec. 2023 was A$640 Mil. Hence, Perpetual's Days Sales Outstanding for the six months ended in Dec. 2023 was 57.17.

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

ASX:PPT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.63   Med: 62.53   Max: 67.99
Current: 51.63

During the past 13 years, Perpetual's highest Days Sales Outstanding was 67.99. The lowest was 51.63. And the median was 62.53.

ASX:PPT's Days Sales Outstanding is ranked worse than
51.17% of 512 companies
in the Asset Management industry
Industry Median: 49.845 vs ASX:PPT: 51.63

Perpetual's Days Sales Outstanding declined from Dec. 2022 (60.86) to Dec. 2023 (57.17).

Perpetual Days Sales Outstanding Historical Data

The historical data trend for Perpetual'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.

Perpetual Days Sales Outstanding Chart

Perpetual Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.38 67.99 59.49 57.46 57.47

Perpetual 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 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 63.34 64.00 60.86 48.15 57.17

Competitive Comparison of Perpetual's Days Sales Outstanding

For the Asset Management subindustry, Perpetual'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.

Perpetual's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Perpetual's Days Sales Outstanding distribution charts can be found below:

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


Perpetual 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.

Perpetual'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
=( (120.4 + 193.1) / 2 ) / 995.6*365
=156.75 / 995.6*365
=57.47

Perpetual'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
=( (193.1 + 208) / 2 ) / 640.2*365 / 2
=200.55 / 640.2*365 / 2
=57.17

* 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.

Perpetual  (ASX:PPT) Days Sales Outstanding Explanation

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

Perpetual Days Sales Outstanding Related Terms

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

Perpetual (ASX:PPT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Perpetual Ltd (ASX:PPT) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
PPTTF:USA PVQ:Germany
Address
123 Pitt Street, Level 18, Angel Place, Sydney, NSW, AUS, 2000
Website
https://www.perpetual.com.au
Perpetual is one of Australia's oldest financial services firms, founded in 1886. It has three operating segments, with the investments business being the main earnings generator. It is an active manager of listed assets. Perpetual also provides financial planning services to high-net-worth clients via its private segment. In its trust segment, it provides outsourced responsible entity services to funds, as well as custodial and trustee services in the debt capital markets, particularly in securitization issuances.