Sureserve Group (LSE:SUR) Days Sales Outstanding : 54.60 (As of Mar. 2023)

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What is Sureserve Group Days Sales Outstanding?

Sureserve Group's average Accounts Receivable for the six months ended in Mar. 2023 was £46.5 Mil. Sureserve Group's Revenue for the six months ended in Mar. 2023 was £155.3 Mil. Hence, Sureserve Group's Days Sales Outstanding for the six months ended in Mar. 2023 was 54.60.

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

LSE:SUR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.48 Med: 37.76 Max: 59.13
Current: 58.24

During the past 11 years, Sureserve Group's highest Days Sales Outstanding was 59.13. The lowest was 31.48. And the median was 37.76.

LSE:SUR's Days Sales Outstanding is not ranked
in the Construction industry.
Industry Median: 72.41 vs LSE:SUR: 58.24

Sureserve Group's Days Sales Outstanding increased from Mar. 2022 (53.50) to Mar. 2023 (54.60).

Sureserve Group Days Sales Outstanding Historical Data

The historical data trend for Sureserve 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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Sureserve Group Days Sales Outstanding Chart

Sureserve Group Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Sales Outstanding

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39.51

33.80

36.72

34.10

31.48

Sureserve Group Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															55.21	50.74	53.50	48.31	54.60

Competitive Comparison of Sureserve Group's Days Sales Outstanding

For the Building Products & Equipment subindustry, Sureserve 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.

Sureserve Group's Days Sales Outstanding Distribution in the Construction Industry

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

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

Sureserve 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.

Sureserve Group's Days Sales Outstanding for the fiscal year that ended in Sep. 2022 is calculated as

	Days Sales Outstanding (A: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (21.334	+	26.117)	/	2 )	/	275.096	*	365
=	23.7255					/	275.096	*	365
=	31.48

Sureserve Group's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (26.117	+	66.801)	/	2 )	/	155.303	*	365 / 2
=	46.459					/	155.303	*	365 / 2
=	54.60

Sureserve Group (LSE:SUR) Days Sales Outstanding Explanation

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

Sureserve Group Days Sales Outstanding Related Terms

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Sureserve Group (LSE:SUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sureserve Group PLC (LSE:SUR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Crossways Business Park, Crossways Point 15, Victory Way, Dartford, Kent, GBR, DA2 6DT

Website

https://www.sureservegroup.co.uk

Sureserve Group PLC is a compliance and energy support services group that performs critical functions in homes, and public and commercial buildings, with a focus on clients in the UK public sector and regulated markets. Its services are delivered through two divisions: Compliance and Energy Services. The Compliance segment is focused on gas, fire, electrics, air, water, and lifts where it contracts under framework agreements. The Energy Services offers services in the energy efficiency sector, including external, internal, and cavity wall insulation, loft insulation, gas central heating, boiler upgrades, and other renewable technologies. All revenue and profit of the company are derived from operations in the United Kingdom.

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