SG Fleet Group (ASX:SGF) Days Sales Outstanding

: 303.86 (As of Dec. 2023)

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SG Fleet Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$620.3 Mil. SG Fleet Group's Revenue for the six months ended in Dec. 2023 was A$372.6 Mil. Hence, SG Fleet Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 303.86.

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

ASX:SGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.48 Med: 70.38 Max: 322.63
Current: 322.63

During the past 10 years, SG Fleet Group's highest Days Sales Outstanding was 322.63. The lowest was 46.48. And the median was 70.38.

ASX:SGF's Days Sales Outstanding is ranked worse than
96.35% of 1042 companies
in the Business Services industry
Industry Median: 58.4 vs ASX:SGF: 322.63

SG Fleet Group's Days Sales Outstanding increased from Dec. 2022 (216.80) to Dec. 2023 (303.86).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

SG Fleet Group Days Sales Outstanding Historical Data

The historical data trend for SG Fleet Group'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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SG Fleet Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

54.18

57.14

46.48

49.83

100.31

SG Fleet Group 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																203.44	128.24	216.80	232.37	303.86

Competitive Comparison

For the Rental & Leasing Services subindustry, SG Fleet Group'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.

SG Fleet Group Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, SG Fleet Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where SG Fleet Group's Days Sales Outstanding falls into.

SG Fleet Group 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.

SG Fleet Group'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
=	( (173.672	+	215.756)	/	2 )	/	708.514	*	365
=	194.714					/	708.514	*	365
=	100.31

SG Fleet Group'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
=	( (215.756	+	1024.823)	/	2 )	/	372.55	*	365 / 2
=	620.2895					/	372.55	*	365 / 2
=	303.86

SG Fleet Group (ASX:SGF) Days Sales Outstanding Explanation

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

SG Fleet Group Days Sales Outstanding Related Terms

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SG Fleet Group (ASX:SGF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SG Fleet Group Ltd (ASX:SGF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Bridge Street, Level 2, Building 3, Pymble, Sydney, NSW, AUS, 2073

Website

https://www.sgfleet.com

SG Fleet Group Ltd is a fleet management solutions providing company. It is also involved in the activities of vehicle leasing, short-term hire, novated leasing, salary packaging and consumer vehicle finance. The fleet management services include funding options, registration renewal, fuel cards and reporting, vehicle acquisition and disposal, comprehensive insurance and other services. Geographically, the group operates in the business segments of Australia, New Zealand, and the United Kingdom, of which the majority of the revenue is derived from its operations in Australia.

SG Fleet Group (ASX:SGF) Headlines

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