Joyce (ASX:JYC) Days Sales Outstanding : 1.62 (As of Dec. 2023)

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What is Joyce Days Sales Outstanding?

Joyce's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.6 Mil. Joyce's Revenue for the six months ended in Dec. 2023 was A$72.6 Mil. Hence, Joyce's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.62.

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

ASX:JYC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.82 Med: 4.4 Max: 18
Current: 1.82

During the past 13 years, Joyce's highest Days Sales Outstanding was 18.00. The lowest was 1.82. And the median was 4.40.

ASX:JYC's Days Sales Outstanding is ranked better than
93.51% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.675 vs ASX:JYC: 1.82

Joyce's Days Sales Outstanding declined from Dec. 2022 (2.67) to Dec. 2023 (1.62).

Joyce Days Sales Outstanding Historical Data

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

Joyce Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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7.33

6.32

2.43

2.38

2.30

Joyce Semi-Annual Data
	Jun14	Dec14	Jun15	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															3.29	3.65	2.67	2.01	1.62

Competitive Comparison of Joyce's Days Sales Outstanding

For the Specialty Retail subindustry, Joyce'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.

Joyce's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Joyce's Days Sales Outstanding distribution charts can be found below:

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

Joyce 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.

Joyce'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
=	( (1.083	+	0.741)	/	2 )	/	144.701	*	365
=	0.912					/	144.701	*	365
=	2.30

Joyce'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
=	( (0.741	+	0.551)	/	2 )	/	72.593	*	365 / 2
=	0.646					/	72.593	*	365 / 2
=	1.62

Joyce (ASX:JYC) Days Sales Outstanding Explanation

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

Joyce Days Sales Outstanding Related Terms

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

Joyce (ASX:JYC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Joyce Corp Ltd (ASX:JYC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017

Website

https://www.joycecorp.com.au

Joyce Corp Ltd retails kitchen and wardrobe products in Australia. The company's operating segment includes Bedshed retail bedding franchise operation; Company-owned retail bedding stores; and Operation of retail kitchen and wardrobe showrooms. It generates maximum revenue from the Retail Kitchen Stores segment. Geographically, it operates only in Australia.

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