Synlait Milk (ASX:SM1) Days Sales Outstanding : 26.11 (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Synlait Milk Days Sales Outstanding?

Synlait Milk's average Accounts Receivable for the six months ended in Jan. 2024 was A$87 Mil. Synlait Milk's Revenue for the six months ended in Jan. 2024 was A$607 Mil. Hence, Synlait Milk's Days Sales Outstanding for the six months ended in Jan. 2024 was 26.11.

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

ASX:SM1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.06 Med: 21.05 Max: 37.29
Current: 33.07

During the past 7 years, Synlait Milk's highest Days Sales Outstanding was 37.29. The lowest was 16.06. And the median was 21.05.

ASX:SM1's Days Sales Outstanding is ranked better than
59.08% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.085 vs ASX:SM1: 33.07

Synlait Milk's Days Sales Outstanding declined from Jan. 2023 (26.54) to Jan. 2024 (26.11).

Synlait Milk Days Sales Outstanding Historical Data

The historical data trend for Synlait Milk'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.

Synlait Milk Days Sales Outstanding Chart

Synlait Milk Annual Data

Trend

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Sales Outstanding

Get a 7-Day Free Trial

18.30

16.24

21.01

20.99

22.35

Synlait Milk Semi-Annual Data
	Jan14	Jan15	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial													23.97	20.55	26.54	36.01	26.11

Competitive Comparison of Synlait Milk's Days Sales Outstanding

For the Packaged Foods subindustry, Synlait Milk'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.

Synlait Milk's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Synlait Milk's Days Sales Outstanding distribution charts can be found below:

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

Synlait Milk 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.

Synlait Milk's Days Sales Outstanding for the fiscal year that ended in Jul. 2023 is calculated as

	Days Sales Outstanding (A: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2022 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (77.355	+	72.09)	/	2 )	/	1220.364	*	365
=	74.7225					/	1220.364	*	365
=	22.35

Synlait Milk's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (72.09	+	101.592)	/	2 )	/	606.973	*	365 / 2
=	86.841					/	606.973	*	365 / 2
=	26.11

Synlait Milk (ASX:SM1) Days Sales Outstanding Explanation

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

Synlait Milk Days Sales Outstanding Related Terms

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

Synlait Milk (ASX:SM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Synlait Milk Ltd (ASX:SM1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SML:New Zealand

Address

1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783

Website

https://www.synlait.com

Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and unique operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. The company's success is largely due to its core infant nutrition business. Some of its key products include infant nutritional powders, whole milk powders, skim milk powders, anhydrous milk fat, and lactoferrin. The company is largely export-focused with China as its largest export market. The acquisition of two cheese companies resulted in an instant increase in the cheese segment and a more diversified earnings base.

Synlait Milk (ASX:SM1) Headlines

No Headlines