Adentra (TSX:ADEN) Days Sales Outstanding : 31.53 (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Adentra Days Sales Outstanding?

Adentra's average Accounts Receivable for the three months ended in Dec. 2023 was C$239 Mil. Adentra's Revenue for the three months ended in Dec. 2023 was C$691 Mil. Hence, Adentra's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.53.

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

TSX:ADEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.74 Med: 31.88 Max: 34.22
Current: 30.4

During the past 13 years, Adentra's highest Days Sales Outstanding was 34.22. The lowest was 22.74. And the median was 31.88.

TSX:ADEN's Days Sales Outstanding is ranked better than
90.97% of 144 companies
in the Industrial Distribution industry
Industry Median: 57.325 vs TSX:ADEN: 30.40

Adentra's Days Sales Outstanding increased from Dec. 2022 (30.57) to Dec. 2023 (31.53).

Adentra Days Sales Outstanding Historical Data

The historical data trend for Adentra'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.

Adentra Days Sales Outstanding Chart

Adentra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

33.12

34.22

27.94

22.74

27.38

Adentra 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															30.57	29.24	32.03	32.06	31.53

Competitive Comparison of Adentra's Days Sales Outstanding

For the Industrial Distribution subindustry, Adentra'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.

Adentra's Days Sales Outstanding Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Adentra's Days Sales Outstanding distribution charts can be found below:

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

Adentra 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.

Adentra'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
=	( (233.278	+	217.4)	/	2 )	/	3004.277	*	365
=	225.339					/	3004.277	*	365
=	27.38

Adentra'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
=	( (259.871	+	217.4)	/	2 )	/	690.735	*	365 / 4
=	238.6355					/	690.735	*	365 / 4
=	31.53

Adentra (TSX:ADEN) Days Sales Outstanding Explanation

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

Adentra Days Sales Outstanding Related Terms

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

Adentra (TSX:ADEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Adentra Inc (TSX:ADEN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HDIUF:USA

Address

20161-86th Avenue, Suite 340, Langley, BC, CAN, V2Y 2C1

Website

https://www.adentragroup.com

Adentra Inc is a distributor of architectural products to fabricators, home centers and professional dealers servicing the new residential, repair and remodel, and commercial construction end markets. The company operates a network in North America of 86 facilities in the United States and Canada.

Adentra (TSX:ADEN) Headlines

No Headlines