Ashmore Group (Ashmore Group) Days Sales Outstanding

: 124.32 (As of Dec. 2023)

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Ashmore Group's average Accounts Receivable for the six months ended in Dec. 2023 was $80.5 Mil. Ashmore Group's Revenue for the six months ended in Dec. 2023 was $118.2 Mil. Hence, Ashmore Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 124.32.

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

AJMPF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.59 Med: 88.82 Max: 138.27
Current: 138.27

During the past 13 years, Ashmore Group's highest Days Sales Outstanding was 138.27. The lowest was 81.59. And the median was 88.82.

AJMPF's Days Sales Outstanding is ranked worse than
79.1% of 512 companies
in the Asset Management industry
Industry Median: 49.845 vs AJMPF: 138.27

Ashmore Group's Days Sales Outstanding declined from Dec. 2022 (128.71) to Dec. 2023 (124.32).

Ashmore Group Days Sales Outstanding Historical Data

The historical data trend for Ashmore 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.

* Premium members only.

Ashmore Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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83.50

89.27

98.86

111.06

118.24

Ashmore 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	Get a 7-Day Free Trial															104.43	114.98	128.71	141.20	124.32

Competitive Comparison

For the Asset Management subindustry, Ashmore 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.

Ashmore Group Days Sales Outstanding Distribution

For the Asset Management industry and Financial Services sector, Ashmore Group's Days Sales Outstanding distribution charts can be found below:

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

Ashmore 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.

Ashmore 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
=	( (81.404	+	76.641)	/	2 )	/	243.939	*	365
=	79.0225					/	243.939	*	365
=	118.24

Ashmore 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
=	( (76.641	+	84.43)	/	2 )	/	118.228	*	365 / 2
=	80.5355					/	118.228	*	365 / 2
=	124.32

Ashmore Group (OTCPK:AJMPF) Days Sales Outstanding Explanation

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

Ashmore Group Days Sales Outstanding Related Terms

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Ashmore Group (Ashmore Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ashmore Group PLC (OTCPK:AJMPF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ASHMl:UK ASHM:UK A1B:Germany

Address

61 Aldwych, London, GBR, WC2B 4AE

Website

https://www.ashmoregroup.com/en-gb

Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.

Ashmore Group (Ashmore Group) Headlines

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