Collins Foods (ASX:CKF) Days Sales Outstanding : 2.97 (As of Oct. 2023)

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What is Collins Foods Days Sales Outstanding?

Collins Foods's average Accounts Receivable for the six months ended in Oct. 2023 was A$11 Mil. Collins Foods's Revenue for the six months ended in Oct. 2023 was A$697 Mil. Hence, Collins Foods's Days Sales Outstanding for the six months ended in Oct. 2023 was 2.97.

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

ASX:CKF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.81 Med: 1.09 Max: 3.29
Current: 2.51

During the past 12 years, Collins Foods's highest Days Sales Outstanding was 3.29. The lowest was 0.81. And the median was 1.09.

ASX:CKF's Days Sales Outstanding is ranked better than
89.09% of 339 companies
in the Restaurants industry
Industry Median: 11.44 vs ASX:CKF: 2.51

Collins Foods's Days Sales Outstanding increased from Oct. 2022 (1.64) to Oct. 2023 (2.97).

Collins Foods Days Sales Outstanding Historical Data

The historical data trend for Collins Foods'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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Collins Foods Days Sales Outstanding Chart

Collins Foods Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Sales Outstanding

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1.18

1.15

1.00

1.08

3.29

Collins Foods 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															1.06	1.07	1.64	3.35	2.97

Competitive Comparison of Collins Foods's Days Sales Outstanding

For the Restaurants subindustry, Collins Foods'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.

Collins Foods's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Collins Foods's Days Sales Outstanding distribution charts can be found below:

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

Collins Foods 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.

Collins Foods's Days Sales Outstanding for the fiscal year that ended in Apr. 2023 is calculated as

	Days Sales Outstanding (A: Apr. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )	*	Days in Period
=	( (4.2	+	20.099)	/	2 )	/	1348.614	*	365
=	12.1495					/	1348.614	*	365
=	3.29

Collins Foods'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
=	( (20.099	+	2.57)	/	2 )	/	697.058	*	365 / 2
=	11.3345					/	697.058	*	365 / 2
=	2.97

Collins Foods (ASX:CKF) Days Sales Outstanding Explanation

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

Collins Foods Days Sales Outstanding Related Terms

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Collins Foods (ASX:CKF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Collins Foods Ltd (ASX:CKF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

CLLFF:USA

Address

485 Kingsford Smith Drive, Level 3, KSD1, Hamilton, QLD, AUS, 4007

Website

https://www.collinsfoods.com

Collins Foods is an operator of quick service restaurants, or QSRs. It franchises restaurant brands from U.S.-listed Yum Brands, including KFC in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia. Most of its revenue and earnings are generated in Australia, where Collins is the largest franchisee of KFC, ahead of Restaurant Brands New Zealand.In the Netherlands, Collins has signed a corporate franchise agreement, giving it more control over development and oversight of the Dutch franchisee network.Earnings growth is underpinned by its store network expansion, both new restaurants and acquisitions of existing sites. Competitive pricing is key to maintaining share in the QSR market, and the company has generally increased at or below consumer price index growth.

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