PSC Insurance Group (ASX:PSI) Days Sales Outstanding : 12.53 (As of Jun. 2024)

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What is PSC Insurance Group Days Sales Outstanding?

PSC Insurance Group's average Accounts Receivable for the six months ended in Jun. 2024 was A$12.2 Mil. PSC Insurance Group's Revenue for the six months ended in Jun. 2024 was A$177.3 Mil. Hence, PSC Insurance Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 12.53.

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

ASX:PSI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.84 Med: 1318.18 Max: 1903.71
Current: 11.84

During the past 9 years, PSC Insurance Group's highest Days Sales Outstanding was 1903.71. The lowest was 11.84. And the median was 1318.18.

ASX:PSI's Days Sales Outstanding is not ranked
in the Insurance industry.
Industry Median: 54.86 vs ASX:PSI: 11.84

PSC Insurance Group's Days Sales Outstanding increased from Jun. 2023 (10.81) to Jun. 2024 (12.53).

PSC Insurance Group Days Sales Outstanding Historical Data

The historical data trend for PSC Insurance Group'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.

PSC Insurance Group Days Sales Outstanding Chart

PSC Insurance Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

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923.50

PSC Insurance Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial													12.15	12.44	10.81	14.64	12.53

Competitive Comparison of PSC Insurance Group's Days Sales Outstanding

For the Insurance Brokers subindustry, PSC Insurance Group'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.

PSC Insurance Group's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PSC Insurance Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PSC Insurance Group's Days Sales Outstanding falls into.

PSC Insurance Group 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.

PSC Insurance Group'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
=	( (0	+	0)	/	1 )	/	329.004	*	365
=	0					/	329.004	*	365
=	0.00

PSC Insurance Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (12.174	+	0)	/	1 )	/	177.262	*	365 / 2
=	12.174					/	177.262	*	365 / 2
=	12.53

PSC Insurance Group (ASX:PSI) Days Sales Outstanding Explanation

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

PSC Insurance Group Days Sales Outstanding Related Terms

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PSC Insurance Group Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Wellington Parade, Level 4, East Melbourne, Melbourne, VIC, AUS, 3002

Website

https://www.pscinsurancegroup.com.au

PSC Insurance Group is an insurance intermediary which owns broker and underwriting businesses in Australia, New Zealand and the UK. It also runs the third largest broker network in Australia, allowing independent brokers to access support services for a fee. PSC Insurance derives most of its revenue from commissions (from insurers, ultimately paid for by PSC's customers) based on gross written premium. Broker GWP is split between small to medium enterprises (45%), and corporates (55%). The UK business spans retail and wholesale broking, underwriting agencies, and managing agents which have the authority to underwrite on behalf of insurers.