Reliance Worldwide (ASX:RWC) Days Sales Outstanding : 70.52 (As of Dec. 2023)

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What is Reliance Worldwide Days Sales Outstanding?

Reliance Worldwide's average Accounts Receivable for the six months ended in Dec. 2023 was A$340 Mil. Reliance Worldwide's Revenue for the six months ended in Dec. 2023 was A$881 Mil. Hence, Reliance Worldwide's Days Sales Outstanding for the six months ended in Dec. 2023 was 70.52.

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

ASX:RWC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.31 Med: 68.19 Max: 72.88
Current: 68.97

During the past 7 years, Reliance Worldwide's highest Days Sales Outstanding was 72.88. The lowest was 65.31. And the median was 68.19.

ASX:RWC's Days Sales Outstanding is ranked better than
53.04% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs ASX:RWC: 68.97

Reliance Worldwide's Days Sales Outstanding declined from Dec. 2022 (72.05) to Dec. 2023 (70.52).

Reliance Worldwide Days Sales Outstanding Historical Data

The historical data trend for Reliance Worldwide'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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Reliance Worldwide Days Sales Outstanding Chart

Reliance Worldwide Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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68.19

71.47

67.86

66.02

68.93

Reliance Worldwide Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										74.20	66.52	72.05	68.52	70.52

Competitive Comparison of Reliance Worldwide's Days Sales Outstanding

For the Building Products & Equipment subindustry, Reliance Worldwide'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.

Reliance Worldwide's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reliance Worldwide's Days Sales Outstanding distribution charts can be found below:

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

Reliance Worldwide 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.

Reliance Worldwide'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
=	( (342.398	+	357.625)	/	2 )	/	1853.265	*	365
=	350.0115					/	1853.265	*	365
=	68.93

Reliance Worldwide'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
=	( (357.625	+	323.082)	/	2 )	/	880.756	*	365 / 2
=	340.3535					/	880.756	*	365 / 2
=	70.52

Reliance Worldwide (ASX:RWC) Days Sales Outstanding Explanation

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

Reliance Worldwide Days Sales Outstanding Related Terms

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

Reliance Worldwide (ASX:RWC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Reliance Worldwide Corp Ltd (ASX:RWC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RLLWF:USA 0EU:Germany

Address

140 William Street, Level 26, Melbourne, VIC, AUS, 3000

Website

https://www.rwc.com

Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.

Reliance Worldwide (ASX:RWC) Headlines

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