Chemring Group (Chemring Group) Days Sales Outstanding : 40.58 (As of Oct. 2023)

View and export this data going back to . Start your Free Trial

What is Chemring Group Days Sales Outstanding?

Chemring Group's average Accounts Receivable for the six months ended in Oct. 2023 was $70.5 Mil. Chemring Group's Revenue for the six months ended in Oct. 2023 was $317.3 Mil. Hence, Chemring Group's Days Sales Outstanding for the six months ended in Oct. 2023 was 40.58.

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

CMGMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.81 Med: 52.39 Max: 117.94
Current: 37.97

During the past 13 years, Chemring Group's highest Days Sales Outstanding was 117.94. The lowest was 28.81. And the median was 52.39.

CMGMF's Days Sales Outstanding is ranked better than
78.41% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs CMGMF: 37.97

Chemring Group's Days Sales Outstanding declined from Oct. 2022 (64.39) to Oct. 2023 (40.58).

Chemring Group Days Sales Outstanding Historical Data

The historical data trend for Chemring 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.

Chemring Group Days Sales Outstanding Chart

Chemring Group Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

Get a 7-Day Free Trial

41.89

34.20

39.17

37.64

27.92

Chemring Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Days Sales Outstanding	Get a 7-Day Free Trial															46.87	52.09	64.39	44.41	40.58

Competitive Comparison of Chemring Group's Days Sales Outstanding

For the Aerospace & Defense subindustry, Chemring 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.

Chemring Group's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Chemring Group's Days Sales Outstanding distribution charts can be found below:

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

Chemring 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.

Chemring Group's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (37.755	+	50.305)	/	2 )	/	575.639	*	365
=	44.03					/	575.639	*	365
=	27.92

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

	Days Sales Outstanding (Q: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2023 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (90.785	+	50.305)	/	2 )	/	317.296	*	365 / 2
=	70.545					/	317.296	*	365 / 2
=	40.58

Chemring Group (OTCPK:CMGMF) Days Sales Outstanding Explanation

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

Chemring Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Chemring Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Chemring Group (Chemring Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Chemring Group PLC (OTCPK:CMGMF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CMGMY:USA CHGl:UK CHG:UK CMN1:Germany

Address

Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN

Website

http://www.chemring.co.uk

Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.