Challenger (Challenger) Days Sales Outstanding : 213.15 (As of Dec. 2023)

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What is Challenger Days Sales Outstanding?

Challenger's average Accounts Receivable for the six months ended in Dec. 2023 was $469.6 Mil. Challenger's Revenue for the six months ended in Dec. 2023 was $402.1 Mil. Hence, Challenger's Days Sales Outstanding for the six months ended in Dec. 2023 was 213.15.

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

CFIGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.25 Med: 125.79 Max: 940.97
Current: 940.97

During the past 13 years, Challenger's highest Days Sales Outstanding was 940.97. The lowest was 25.25. And the median was 125.79.

CFIGY's Days Sales Outstanding is ranked worse than
98.28% of 58 companies
in the Insurance industry
Industry Median: 58.46 vs CFIGY: 940.97

Challenger's Days Sales Outstanding increased from Dec. 2022 (138.92) to Dec. 2023 (213.15).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Challenger Days Sales Outstanding Historical Data

The historical data trend for Challenger'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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Challenger Days Sales Outstanding Chart

Challenger Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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145.37

156.20

139.24

208.04

384.78

Challenger 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															160.72	217.62	138.92	-	213.15

Competitive Comparison of Challenger's Days Sales Outstanding

For the Insurance - Life subindustry, Challenger'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.

Challenger's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Challenger's Days Sales Outstanding distribution charts can be found below:

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

Challenger 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.

Challenger'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
=	( (455.025	+	467.852)	/	2 )	/	437.718	*	365
=	461.4385					/	437.718	*	365
=	384.78

Challenger'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
=	( (467.852	+	471.352)	/	2 )	/	402.075	*	365 / 2
=	469.602					/	402.075	*	365 / 2
=	213.15

Challenger (OTCPK:CFIGY) Days Sales Outstanding Explanation

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

Challenger Days Sales Outstanding Related Terms

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Challenger (Challenger) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Challenger Ltd (OTCPK:CFIGY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CFIGF:USA CGFPC.PFD:Australia CGFPB.PFD:Australia CGF:Australia

Address

5 Martin Place, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.challenger.com.au

Challenger's core business is selling annuity products in the Australian retirement market and, since November 2016, selling Australian dollar-denominated annuities into Japan's large retirement market. The firm's annuity products provide investors guaranteed regular payments over an agreed term for an up-front lump sum investment and is designed primarily to protect investors from the longevity risk of outliving their savings. Challenger also operates a funds management business, Fidante Partners, which has minority stakes in several boutique global investment managers, and Challenger Investment Management, which primarily manages investments supporting its annuities business.