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Hygrovest Limited (ASX:HGV) Days Sales Outstanding : 822.22 (As of Dec. 2023)


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What is Hygrovest Limited Days Sales Outstanding?

Hygrovest Limited's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.42 Mil. Hygrovest Limited's Revenue for the six months ended in Dec. 2023 was A$0.09 Mil. Hence, Hygrovest Limited's Days Sales Outstanding for the six months ended in Dec. 2023 was 822.22.

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

ASX:HGV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 427.27   Med: 569.69   Max: 1765.46
Current: 1765.46

During the past 8 years, Hygrovest Limited's highest Days Sales Outstanding was 1765.46. The lowest was 427.27. And the median was 569.69.

ASX:HGV's Days Sales Outstanding is ranked worse than
97.64% of 508 companies
in the Asset Management industry
Industry Median: 51.21 vs ASX:HGV: 1765.46

Hygrovest Limited's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (822.22).


Hygrovest Limited Days Sales Outstanding Historical Data

The historical data trend for Hygrovest Limited'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.

Hygrovest Limited Days Sales Outstanding Chart

Hygrovest Limited Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
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Hygrovest Limited Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - - 822.22

Competitive Comparison of Hygrovest Limited's Days Sales Outstanding

For the Asset Management subindustry, Hygrovest Limited'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.


Hygrovest Limited's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hygrovest Limited's Days Sales Outstanding distribution charts can be found below:

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



Hygrovest Limited 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.

Hygrovest Limited's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (0.742 + 0.691) / 2 ) / -0.009*365
=0.7165 / -0.009*365
=N/A

Hygrovest Limited'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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0.691 + 0.156) / 2 ) / 0.094*365 / 2
=0.4235 / 0.094*365 / 2
=822.22

* 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.


Hygrovest Limited  (ASX:HGV) Days Sales Outstanding Explanation

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


Hygrovest Limited Days Sales Outstanding Related Terms

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Hygrovest Limited (ASX:HGV) Business Description

Traded in Other Exchanges
Address
19-29 Martin Place, MLC Centre, Suite 5706, Level 57, Sydney, NSW, AUS, 2000
Hygrovest Limited is a specialist investment company. It has built a diversified portfolio by investing in Australian and offshore cannabis-related businesses including healthcare products, technology, and infrastructure. The company's portfolio includes Southern Cannabis Holdings, Medio Labs Inc , Weed Me, Fire and Flower, Bien, BevCanna, and others.