Reading International (Reading International) Days Sales Outstanding : 13.43 (As of Dec. 2023)

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What is Reading International Days Sales Outstanding?

Reading International's average Accounts Receivable for the three months ended in Dec. 2023 was $6.7 Mil. Reading International's Revenue for the three months ended in Dec. 2023 was $45.3 Mil. Hence, Reading International's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.43.

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

RDIB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.78 Med: 12.57 Max: 22.32
Current: 9.78

During the past 13 years, Reading International's highest Days Sales Outstanding was 22.32. The lowest was 9.78. And the median was 12.57.

RDIB's Days Sales Outstanding is ranked better than
97.36% of 1023 companies
in the Media - Diversified industry
Industry Median: 69.42 vs RDIB: 9.78

Reading International's Days Sales Outstanding increased from Dec. 2022 (10.44) to Dec. 2023 (13.43).

Reading International Days Sales Outstanding Historical Data

The historical data trend for Reading International'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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Reading International Days Sales Outstanding Chart

Reading International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.98

22.32

10.23

10.39

11.28

Reading International 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															10.44	11.02	7.23	7.69	13.43

Competitive Comparison of Reading International's Days Sales Outstanding

For the Entertainment subindustry, Reading International'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.

Reading International's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Reading International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Reading International's Days Sales Outstanding falls into.

Reading International 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.

Reading International's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6.206	+	7.561)	/	2 )	/	222.744	*	365
=	6.8835					/	222.744	*	365
=	11.28

Reading International'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
=	( (5.779	+	7.561)	/	2 )	/	45.319	*	365 / 4
=	6.67					/	45.319	*	365 / 4
=	13.43

Reading International (NAS:RDIB) Days Sales Outstanding Explanation

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

Reading International Days Sales Outstanding Related Terms

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Reading International (Reading International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Reading International Inc (NAS:RDIB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RDI:USA 46B:Germany

Address

189 Second Avenue, Suite 2S, New York, NY, USA, 10003

Website

http://www.readingrdi.com

Reading International Inc is a diversified company, engaged in the development, ownership, and operation of multiplex cinemas and retail and commercial real estate in the United States, Australia, and New Zealand. It operates through two segments: the Cinema segment includes Reading Cinemas, Angelika Film Center, Consolidated Theatres, and City Cinemas; the Real Estate segment includes real estate development and the rental or licensing of retail, commercial, and live theater assets.