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Scentre Group (ASX:SCG) Days Sales Outstanding : 26.19 (As of Dec. 2023)


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What is Scentre Group Days Sales Outstanding?

Scentre Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$181 Mil. Scentre Group's Revenue for the six months ended in Dec. 2023 was A$1,260 Mil. Hence, Scentre Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 26.19.

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

ASX:SCG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.2   Med: 4.89   Max: 27.02
Current: 21.26

During the past 13 years, Scentre Group's highest Days Sales Outstanding was 27.02. The lowest was 2.20. And the median was 4.89.

ASX:SCG's Days Sales Outstanding is ranked better than
51.54% of 617 companies
in the REITs industry
Industry Median: 22.44 vs ASX:SCG: 21.26

Scentre Group's Days Sales Outstanding declined from Dec. 2022 (33.07) to Dec. 2023 (26.19).


Scentre Group Days Sales Outstanding Historical Data

The historical data trend for Scentre 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.

Scentre Group Days Sales Outstanding Chart

Scentre Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.32 17.76 27.02 18.14 7.10

Scentre Group 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 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 38.28 43.03 33.07 30.51 26.19

Competitive Comparison of Scentre Group's Days Sales Outstanding

For the REIT - Retail subindustry, Scentre 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.


Scentre Group's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Scentre Group's Days Sales Outstanding distribution charts can be found below:

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



Scentre 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.

Scentre Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: 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
=( (77 + 20.6) / 2 ) / 2510.3*365
=48.8 / 2510.3*365
=7.10

Scentre Group'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
=( (341.1 + 20.6) / 2 ) / 1260*365 / 2
=180.85 / 1260*365 / 2
=26.19

* 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.


Scentre Group  (ASX:SCG) Days Sales Outstanding Explanation

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


Scentre Group Days Sales Outstanding Related Terms

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Scentre Group (ASX:SCG) Business Description

Industry
Traded in Other Exchanges
Address
85 Castlereagh Street, Level 30, Sydney, NSW, AUS, 2000
Scentre Group owns the largest portfolio of premium Australian and New Zealand shopping malls, owning most of the top 10 Australian and top five New Zealand malls. About half its rent comes from anchor tenants and half from specialty tenants. About a third of floor space is currently allocated to department stores, however we expect tenants to return a reasonable portion of that space over the next decade, or alternatively, department store rent to be renegotiated to lower levels. While almost every Scentre mall is anchored by at least one supermarket, these tenants accounts for less than 10% of gross lettable area, due to the large size of Scentre's assets.

Scentre Group (ASX:SCG) Headlines