Element Fleet Management (TSX:EFN.PR.I.PFD) Days Sales Outstanding : 144.26 (As of Dec. 2023)

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What is Element Fleet Management Days Sales Outstanding?

Element Fleet Management's average Accounts Receivable for the three months ended in Dec. 2023 was C$1,097.17 Mil. Element Fleet Management's Revenue for the three months ended in Dec. 2023 was C$693.99 Mil. Hence, Element Fleet Management's Days Sales Outstanding for the three months ended in Dec. 2023 was 144.26.

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

TSX:EFN.PR.I.PFD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.74 Med: 169.64 Max: 205.48
Current: 147.65

During the past 13 years, Element Fleet Management's highest Days Sales Outstanding was 205.48. The lowest was 78.74. And the median was 169.64.

TSX:EFN.PR.I.PFD's Days Sales Outstanding is ranked worse than
89.89% of 1039 companies
in the Business Services industry
Industry Median: 58.23 vs TSX:EFN.PR.I.PFD: 147.65

Element Fleet Management's Days Sales Outstanding declined from Dec. 2022 (166.62) to Dec. 2023 (144.26).

Element Fleet Management Days Sales Outstanding Historical Data

The historical data trend for Element Fleet Management'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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Element Fleet Management Days Sales Outstanding Chart

Element Fleet Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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188.67

169.48

169.80

170.69

151.98

Element Fleet Management 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															166.62	161.31	144.97	137.86	144.26

Competitive Comparison of Element Fleet Management's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Element Fleet Management'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.

Element Fleet Management's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Element Fleet Management's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Element Fleet Management's Days Sales Outstanding falls into.

Element Fleet Management 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.

Element Fleet Management'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
=	( (1018.626	+	1129.655)	/	2 )	/	2579.731	*	365
=	1074.1405					/	2579.731	*	365
=	151.98

Element Fleet Management'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
=	( (1064.694	+	1129.655)	/	2 )	/	693.992	*	365 / 4
=	1097.1745					/	693.992	*	365 / 4
=	144.26

Element Fleet Management (TSX:EFN.PR.I.PFD) Days Sales Outstanding Explanation

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

Element Fleet Management Days Sales Outstanding Related Terms

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Element Fleet Management (TSX:EFN.PR.I.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Element Fleet Management Corp (TSX:EFN.PR.I.PFD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ELEEF:USA 61F:Germany EFN.PR.E.PFD:Canada EFN.PR.C.PFD:Canada EFN:Canada

Address

161 Bay Street, Suite 3600, Toronto, ON, CAN, M5J 2S1

Website

https://www.elementfleet.com

Element Fleet Management Corp is a fleet management company, providing services and financings for commercial vehicle and equipment fleets. The company operates in U.S., Canada, Mexico, Australia, and New Zealand.

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