Compagnie Financiere Richemont (Compagnie Financiere Richemont) Days Sales Outstanding : 24.92 (As of Sep. 2023)

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What is Compagnie Financiere Richemont Days Sales Outstanding?

Compagnie Financiere Richemont's average Accounts Receivable for the six months ended in Sep. 2023 was $1,490 Mil. Compagnie Financiere Richemont's Revenue for the six months ended in Sep. 2023 was $10,908 Mil. Hence, Compagnie Financiere Richemont's Days Sales Outstanding for the six months ended in Sep. 2023 was 24.92.

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

CFRHF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.72 Med: 18 Max: 27.09
Current: 27.09

During the past 13 years, Compagnie Financiere Richemont's highest Days Sales Outstanding was 27.09. The lowest was 14.72. And the median was 18.00.

CFRHF's Days Sales Outstanding is ranked worse than
62.78% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.665 vs CFRHF: 27.09

Compagnie Financiere Richemont's Days Sales Outstanding increased from Sep. 2022 (24.81) to Sep. 2023 (24.92).

Compagnie Financiere Richemont Days Sales Outstanding Historical Data

The historical data trend for Compagnie Financiere Richemont'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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Compagnie Financiere Richemont Days Sales Outstanding Chart

Compagnie Financiere Richemont Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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17.22

15.43

15.34

15.50

14.69

Compagnie Financiere Richemont Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															25.92	24.50	24.81	22.47	24.92

Competitive Comparison of Compagnie Financiere Richemont's Days Sales Outstanding

For the Luxury Goods subindustry, Compagnie Financiere Richemont'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.

Compagnie Financiere Richemont's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Compagnie Financiere Richemont's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Compagnie Financiere Richemont's Days Sales Outstanding falls into.

Compagnie Financiere Richemont 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.

Compagnie Financiere Richemont'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
=	( (807.269	+	912.206)	/	2 )	/	21362.955	*	365
=	859.7375					/	21362.955	*	365
=	14.69

Compagnie Financiere Richemont's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (912.206	+	2067.236)	/	2 )	/	10908.218	*	365 / 2
=	1489.721					/	10908.218	*	365 / 2
=	24.92

Compagnie Financiere Richemont (OTCPK:CFRHF) Days Sales Outstanding Explanation

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

Compagnie Financiere Richemont Days Sales Outstanding Related Terms

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Compagnie Financiere Richemont (Compagnie Financiere Richemont) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Compagnie Financiere Richemont SA (OTCPK:CFRHF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CFR:South Africa CFRUY:USA CFRI:Mexico CFRz:UK 0QMU:UK RIT1:Germany CFR:Switzerland

Address

50, Chemin de la Chenaie, CP 30, Bellevue, Geneva, CHE, 1293

Website

https://www.richemont.com

Richemont is a luxury goods conglomerate with 20 brands. Jewellery and watch brands make up 85% of sales, but the group is also active in accessories, writing instruments, clothing and online luxury retail. Richemont's Jewellery Maisons, including Cartier and Van Cleef & Arpels, account for 67% of revenue and over 86% of profits. Its other brands include Vacheron Constantin, Piaget, Jaeger-LeCoultre, IWC Schaffhausen, Lange & Soehne, Officine Panerai, and Montblanc.