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RF Capital Group (TSX:RCG) Days Sales Outstanding : 867.34 (As of Dec. 2023)


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What is RF Capital Group Days Sales Outstanding?

RF Capital Group's average Accounts Receivable for the three months ended in Dec. 2023 was C$824.6 Mil. RF Capital Group's Revenue for the three months ended in Dec. 2023 was C$86.8 Mil. Hence, RF Capital Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 867.34.

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

TSX:RCG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 604.41   Med: 1137.83   Max: 7143.44
Current: 859.37

During the past 13 years, RF Capital Group's highest Days Sales Outstanding was 7143.44. The lowest was 604.41. And the median was 1137.83.

TSX:RCG's Days Sales Outstanding is ranked worse than
94.73% of 512 companies
in the Asset Management industry
Industry Median: 49.845 vs TSX:RCG: 859.37

RF Capital Group's Days Sales Outstanding increased from Dec. 2022 (534.09) to Dec. 2023 (867.34).


RF Capital Group Days Sales Outstanding Historical Data

The historical data trend for RF Capital 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.

RF Capital Group Days Sales Outstanding Chart

RF Capital Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,494.16 2,080.29 720.39 604.41 668.81

RF Capital Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 534.09 800.57 1,037.23 920.77 867.34

Competitive Comparison of RF Capital Group's Days Sales Outstanding

For the Asset Management subindustry, RF Capital 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.


RF Capital Group's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RF Capital Group's Days Sales Outstanding distribution charts can be found below:

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



RF Capital 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.

RF Capital Group'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
=( (464.77 + 821.978) / 2 ) / 351.119*365
=643.374 / 351.119*365
=668.81

RF Capital Group'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
=( (827.219 + 821.978) / 2 ) / 86.753*365 / 4
=824.5985 / 86.753*365 / 4
=867.34

* 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.


RF Capital Group  (TSX:RCG) Days Sales Outstanding Explanation

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


RF Capital Group Days Sales Outstanding Related Terms

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RF Capital Group (TSX:RCG) Business Description

Traded in Other Exchanges
Address
100 Queens Quay East, Suite 2500, Toronto, ON, CAN, M5E 1Y3
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.

RF Capital Group (TSX:RCG) Headlines

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