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GLG (ASX:GLE) Days Sales Outstanding : 76.78 (As of Dec. 2024)


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What is GLG Days Sales Outstanding?

GLG's average Accounts Receivable for the six months ended in Dec. 2024 was A$44.2 Mil. GLG's Revenue for the six months ended in Dec. 2024 was A$105.1 Mil. Hence, GLG's Days Sales Outstanding for the six months ended in Dec. 2024 was 76.78.

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

ASX:GLE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.14   Med: 83.16   Max: 170.67
Current: 87.85

During the past 13 years, GLG's highest Days Sales Outstanding was 170.67. The lowest was 43.14. And the median was 83.16.

ASX:GLE's Days Sales Outstanding is ranked worse than
77.5% of 1022 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 52.375 vs ASX:GLE: 87.85

GLG's Days Sales Outstanding increased from Dec. 2023 (73.52) to Dec. 2024 (76.78).

GLG Days Sales Outstanding Historical Data

The historical data trend for GLG'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.

GLG Days Sales Outstanding Chart

GLG Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 133.82 84.07 61.76 97.68 82.24

GLG Semi-Annual Data
Jun15 Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.63 103.03 73.52 99.15 76.78

Competitive Comparison of GLG's Days Sales Outstanding

For the Apparel Manufacturing subindustry, GLG'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.

GLG's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, GLG's Days Sales Outstanding distribution charts can be found below:

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


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GLG 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.

GLG'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
=( (39.348 + 39.751) / 2 ) / 175.532*365
=39.5495 / 175.532*365
=82.24

GLG'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
=( (39.751 + 48.711) / 2 ) / 105.128*365 / 2
=44.231 / 105.128*365 / 2
=76.78

* 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.

GLG  (ASX:GLE) Days Sales Outstanding Explanation

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

GLG Days Sales Outstanding Related Terms

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GLG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » GLG Corp Ltd (ASX:GLE) » Definitions » Days Sales Outstanding
Comparable Companies
ASX:MNC OSTO:HM B MIL:MONC RL WAR:LPP TSX:GIL LEVI VFC HKSE:03998 BOM:532827 SHSE:600398 SHSE:600177 COLM TPE:1476 NSE:ABFRL PVH KTB UAA XTER:BOSS TSE:8111
Traded in Other Exchanges
N/A
Address
15, Harvey Road, Singapore, SGP, 369930
Website
https://www.ghimli.com
GLG Corp Ltd is a supplier of knitwear or apparel and supply chain management solutions. The company's operating segments are fabric, which manufactures and wholesales fabric, and garments, which manufactures and wholesale garments. The garment segment contributes the majority of revenue. The products offered by the group include ready-to-wear, casual active, sleepwear, menswear, and childrenswear.