Change Financial (ASX:CCA) Days Sales Outstanding : 46.75 (As of Dec. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Change Financial Days Sales Outstanding?

Change Financial's average Accounts Receivable for the six months ended in Dec. 2024 was A$2.89 Mil. Change Financial's Revenue for the six months ended in Dec. 2024 was A$11.28 Mil. Hence, Change Financial's Days Sales Outstanding for the six months ended in Dec. 2024 was 46.75.

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

ASX:CCA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.72 Med: 79.43 Max: 11010.83
Current: 49.72

During the past 9 years, Change Financial's highest Days Sales Outstanding was 11010.83. The lowest was 49.72. And the median was 79.43.

ASX:CCA's Days Sales Outstanding is ranked better than
65.39% of 2736 companies
in the Software industry
Industry Median: 63.12 vs ASX:CCA: 49.72

Change Financial's Days Sales Outstanding declined from Dec. 2023 (77.99) to Dec. 2024 (46.75).

Change Financial Days Sales Outstanding Historical Data

The historical data trend for Change Financial'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.

Change Financial Days Sales Outstanding Chart

Change Financial Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

Get a 7-Day Free Trial

11,010.83

77.29

91.03

79.43

55.66

Change Financial Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial													70.52	73.73	77.99	43.52	46.75

Competitive Comparison of Change Financial's Days Sales Outstanding

For the Information Technology Services subindustry, Change Financial'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.

Change Financial's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Change Financial's Days Sales Outstanding distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Change Financial 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.

Change Financial's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

	Days Sales Outstanding (A: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (3.031	+	1.798)	/	2 )	/	15.834	*	365
=	2.4145					/	15.834	*	365
=	55.66

Change Financial's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1.798	+	3.981)	/	2 )	/	11.28	*	365 / 2
=	2.8895					/	11.28	*	365 / 2
=	46.75

Change Financial (ASX:CCA) Days Sales Outstanding Explanation

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

Change Financial Days Sales Outstanding Related Terms

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

Change Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Change Financial Ltd (ASX:CCA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

340 Adelaide Street, Suite 3E, Level 3, Brisbane, QLD, AUS, 4000

Website

https://www.changefinancial.com

Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.