Freedom Care Group Holdings (ASX:FCG) Days Sales Outstanding : 8.52 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Freedom Care Group Holdings Days Sales Outstanding?

Freedom Care Group Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.92 Mil. Freedom Care Group Holdings's Revenue for the six months ended in Dec. 2023 was A$19.72 Mil. Hence, Freedom Care Group Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 8.52.

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

ASX:FCG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.44 Med: 25.61 Max: 36.77
Current: 17.04

During the past 2 years, Freedom Care Group Holdings's highest Days Sales Outstanding was 36.77. The lowest was 14.44. And the median was 25.61.

ASX:FCG's Days Sales Outstanding is ranked better than
85.89% of 645 companies
in the Healthcare Providers & Services industry
Industry Median: 47.16 vs ASX:FCG: 17.04

Freedom Care Group Holdings's Days Sales Outstanding increased from Jun. 2022 (0.00) to Dec. 2023 (8.52).

Freedom Care Group Holdings Days Sales Outstanding Historical Data

The historical data trend for Freedom Care Group Holdings'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.

Freedom Care Group Holdings Days Sales Outstanding Chart

Freedom Care Group Holdings Annual Data

Trend

Jun21

Jun22

Days Sales Outstanding

36.77

14.44

Freedom Care Group Holdings Semi-Annual Data
	Jun21	Jun22	Dec22	Dec23
Days Sales Outstanding	-	-	13.83	8.52

Competitive Comparison of Freedom Care Group Holdings's Days Sales Outstanding

For the Medical Care Facilities subindustry, Freedom Care Group Holdings'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.

Freedom Care Group Holdings's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Freedom Care Group Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Freedom Care Group Holdings's Days Sales Outstanding falls into.

Freedom Care Group Holdings 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.

Freedom Care Group Holdings's Days Sales Outstanding for the fiscal year that ended in Jun. 2022 is calculated as

	Days Sales Outstanding (A: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (0.371	+	0.553)	/	2 )	/	11.682	*	365
=	0.462					/	11.682	*	365
=	14.44

Freedom Care Group Holdings'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.02	+	0.821)	/	2 )	/	19.72	*	365 / 2
=	0.9205					/	19.72	*	365 / 2
=	8.52

Freedom Care Group Holdings (ASX:FCG) Days Sales Outstanding Explanation

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

Freedom Care Group Holdings Days Sales Outstanding Related Terms

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

Freedom Care Group Holdings (ASX:FCG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Freedom Care Group Holdings Ltd (ASX:FCG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shop 3/886, Woodville Road, Villawood, NSW, AUS, 2163

Website

https://www.freedomcaregroup.com.au

Freedom Care Group Holdings Ltd is a national disability insurance scheme services provider that provides a full suite of allied health and care services to individuals accepted into the NDIS particularly in the greater Sydney areas. It is organized into three service areas such as Core Supports, Capacity Building Supports and Capital Supports. Core Supports: assist Participants with everyday activities, current disability-related needs and work towards a Participant's goals. Capacity Building Supports: assist Participants to increase independence and develop skills to assist them to pursue their goals and Capital Supports: includes higher-cost pieces of assistive technology, equipment and home or vehicle modifications, and funding for one-off capital purchases that participants require.