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Freedom Holding (FRA:DMW2) Days Sales Outstanding : 211.76 (As of Dec. 2023)


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What is Freedom Holding Days Sales Outstanding?

Freedom Holding's average Accounts Receivable for the three months ended in Dec. 2023 was €918 Mil. Freedom Holding's Revenue for the three months ended in Dec. 2023 was €395 Mil. Hence, Freedom Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 211.76.

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

FRA:DMW2' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.11   Med: 85.61   Max: 414.22
Current: 163.77

During the past 13 years, Freedom Holding's highest Days Sales Outstanding was 414.22. The lowest was 10.11. And the median was 85.61.

FRA:DMW2's Days Sales Outstanding is ranked worse than
70.25% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs FRA:DMW2: 163.77

Freedom Holding's Days Sales Outstanding declined from Dec. 2022 (271.40) to Dec. 2023 (211.76).


Freedom Holding Days Sales Outstanding Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Days Sales Outstanding Chart

Freedom Holding Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 241.92 410.58 90.25 50.34 119.05

Freedom Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 271.40 121.97 130.58 165.14 211.76

Competitive Comparison of Freedom Holding's Days Sales Outstanding

For the Capital Markets subindustry, Freedom Holding'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.


Freedom Holding's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Freedom Holding's Days Sales Outstanding distribution charts can be found below:

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



Freedom Holding 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.

Freedom Holding's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (131.793 + 353.006) / 2 ) / 743.177*365
=242.3995 / 743.177*365
=119.05

Freedom Holding'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (954.483 + 880.886) / 2 ) / 395.439*365 / 4
=917.6845 / 395.439*365 / 4
=211.76

* 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.


Freedom Holding  (FRA:DMW2) Days Sales Outstanding Explanation

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


Freedom Holding Days Sales Outstanding Related Terms

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Freedom Holding (FRA:DMW2) Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is engaged in a broad range of activities in the securities industry, including retail securities brokerage, research, investment counseling, securities trading, market making, corporate investment banking, and underwriting services in Eurasia. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its geographical segments are Central Asia, Europe, the United States, and the Middle East/Caucasus, of which Europe accounts for the majority of its revenue.

Freedom Holding (FRA:DMW2) Headlines

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