Close The Loop (ASX:CLG) Days Sales Outstanding: 148.21 (As of Jun. 2026) — 139% Above Median

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What is Close The Loop Days Sales Outstanding?

Close The Loop ASX:CLG +2.56% Days Sales Outstanding is 148.21 as of Jun. 2026, which is 139% above its 10-year median of 61.98. The stock has 6 warning signs investors should review. Among 236 Waste Management companies, Close The Loop ranks worse than 53.39% on this metric.

Close The Loop's average Accounts Receivable for the six months ended in Jun. 2026 was A$26.8 Mil. Close The Loop's Revenue for the six months ended in Jun. 2026 was A$33.0 Mil. Hence, Close The Loop's Days Sales Outstanding for the six months ended in Jun. 2026 was 148.21.

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

ASX:CLG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.2   Med: 61.98   Max: 91.51
Current: 80.47

During the past 5 years, Close The Loop's highest Days Sales Outstanding was 91.51. The lowest was 53.20. And the median was 61.98.

ASX:CLG's Days Sales Outstanding is ranked worse than
53.39% of 236 companies
in the Waste Management industry
Industry Median: 74.4 vs ASX:CLG: 80.47

Close The Loop's Days Sales Outstanding increased from Jun. 2025 (57.65) to Jun. 2026 (148.21).


Close The Loop  (ASX:CLG) Days Sales Outstanding Explanation

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


Close The Loop Days Sales Outstanding Related Terms


Close The Loop Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Close The Loop'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.

Close The Loop Days Sales Outstanding Chart

Close The Loop Annual Data
Trend Jun22 Jun23 Jun24 Jun25 Jun26
Days Sales Outstanding
91.51 57.66 53.20 61.98 78.11

Close The Loop Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.98 62.09 57.65 57.98 148.21

ASX:CLG vs WM, RSG, WCN: Days Sales Outstanding Comparison

For the Waste Management subindustry, Close The Loop'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.


Close The Loop Days Sales Outstanding vs Waste Management Industry

For the Waste Management industry and Industrials sector, Close The Loop's Days Sales Outstanding distribution charts can be found below:

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



Close The Loop 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.

Close The Loop's Days Sales Outstanding for the fiscal year that ended in Jun. 2026 is calculated as

Days Sales Outstanding (A: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (29.562 + 24.2) / 2 ) / 125.619*365
=26.881 / 125.619*365
=78.11

Close The Loop's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (29.318 + 24.2) / 2 ) / 32.951*365 / 2
=26.759 / 32.951*365 / 2
=148.21

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 148.21 mean?
Close The Loop (ASX:CLG) has a Days Sales Outstanding of 148.21 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Close The Loop and its competitors. This is 139% above median its historical median of 61.98. Over the past decade, Close The Loop's Days Sales Outstanding has ranged from 53.20 to 91.51. According to the industry distribution chart, Close The Loop ranks #126 out of 236 companies in the Waste Management industry, placing it in the top 53.4%.
Is Close The Loop's Days Sales Outstanding too high?
Close The Loop's current Days Sales Outstanding of 148.21 is 139% above median its 10-year median of 61.98. Over the past 10 years, this metric has ranged from a low of 53.20 to a high of 91.51. The Waste Management industry median Days Sales Outstanding is 74.40. Close The Loop's value of 148.21 is 99.2% above this industry median. Based on the distribution chart, Close The Loop ranks #126 out of 236 companies in the Waste Management industry, which is below the industry midpoint.
How does Close The Loop's Days Sales Outstanding compare to WM and RSG?
According to the Waste Management industry distribution chart, Close The Loop ranks #126 out of 236 companies for Days Sales Outstanding. This places Close The Loop in the lower half of its industry. The industry median Days Sales Outstanding is 74.40. Close The Loop's value of 148.21 is 99.2% above this benchmark. Historically, Close The Loop's own Days Sales Outstanding has ranged from 53.20 to 91.51 over the past decade. While the company's 10-year median is 61.98 vs. the industry median of 74.40, Close The Loop has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Waste Management company?
The median Days Sales Outstanding among Waste Management companies is 74.40, based on 236 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Close The Loop's current Days Sales Outstanding of 148.21 is 99.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Close The Loop and its competitors. For the Waste Management industry, the median Days Sales Outstanding is 74.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Close The Loop's current Days Sales Outstanding is 148.21, which is 139% above median its own 10-year median of 61.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Close The Loop stock overvalued right now?
Based on GuruFocus' analysis, Close The Loop (ASX:CLG) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.08, compared to a current price of A$0.04 — trading 50% below its estimated fair value. The current Days Sales Outstanding is 148.21, which is 139% above median its 10-year median of 61.98 and 99.2% above the Waste Management industry median of 74.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Close The Loop (ASX:CLG), the current Days Sales Outstanding is 148.21 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Close The Loop Business Description

Other Exchanges GI5:Germany
Address 43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging. The company generates key revenue from resource recovery segment.