Clover (ASX:CLV) Days Sales Outstanding : 65.60 (As of Jul. 2024)

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What is Clover Days Sales Outstanding?

Clover's average Accounts Receivable for the six months ended in Jul. 2024 was A$12.54 Mil. Clover's Revenue for the six months ended in Jul. 2024 was A$34.89 Mil. Hence, Clover's Days Sales Outstanding for the six months ended in Jul. 2024 was 65.60.

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

ASX:CLV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.77 Med: 72.35 Max: 89.68
Current: 70.6

During the past 13 years, Clover's highest Days Sales Outstanding was 89.68. The lowest was 63.77. And the median was 72.35.

ASX:CLV's Days Sales Outstanding is ranked worse than
81.24% of 1866 companies
in the Consumer Packaged Goods industry
Industry Median: 39.74 vs ASX:CLV: 70.60

Clover's Days Sales Outstanding declined from Jul. 2023 (73.69) to Jul. 2024 (65.60).

Clover Days Sales Outstanding Historical Data

The historical data trend for Clover'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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Clover Days Sales Outstanding Chart

Clover Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Days Sales Outstanding

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70.59

89.68

79.60

65.85

67.51

Clover Semi-Annual Data
	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Days Sales Outstanding	Get a 7-Day Free Trial															69.64	72.75	73.69	80.49	65.60

Competitive Comparison of Clover's Days Sales Outstanding

For the Packaged Foods subindustry, Clover'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.

Clover's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Clover's Days Sales Outstanding distribution charts can be found below:

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

Clover 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.

Clover's Days Sales Outstanding for the fiscal year that ended in Jul. 2024 is calculated as

	Days Sales Outstanding (A: Jul. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2023 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )	/	Revenue (A: Jul. 2024 )	*	Days in Period
=	( (11.016	+	11.997)	/	2 )	/	62.207	*	365
=	11.5065					/	62.207	*	365
=	67.51

Clover's Days Sales Outstanding for the quarter that ended in Jul. 2024 is calculated as:

	Days Sales Outstanding (Q: Jul. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2024 )	+	Accounts Receivable (A: Jul. 2024 ))	/	count )	/	Revenue (A: Jul. 2024 )	*	Days in Period
=	( (13.082	+	11.997)	/	2 )	/	34.886	*	365 / 2
=	12.5395					/	34.886	*	365 / 2
=	65.60

Clover (ASX:CLV) Days Sales Outstanding Explanation

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

Clover Days Sales Outstanding Related Terms

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Clover Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clover Corp Ltd (ASX:CLV) » Definitions » Days Sales Outstanding

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Address

39 Pinnacle Road, Altona North, Melbourne, VIC, AUS, 3025

Website

https://www.clovercorp.com.au

Clover Corp Ltd provides nutritional and functional ingredients. The company is involved in the production of encapsulated powders, and research and product development of functional food and infant nutrition ingredients. It offers Nu-Mega Hi docosahexaenoic acid tuna oils for use in infant formula and pharmaceutical products; and Ocean Gold refined tuna oils. Its products include DHA oils, DHA powders, and Microencapsulation. Geographically, the group has a business presence in Australia, New Zealand, Asia, Europe and the Americas. Majority of the revenue is derived from Australia/New Zealand.