Acsion (JSE:ACS) Days Sales Outstanding : 10.81 (As of Aug. 2024)

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What is Acsion Days Sales Outstanding?

Acsion's average Accounts Receivable for the six months ended in Aug. 2024 was R44 Mil. Acsion's Revenue for the six months ended in Aug. 2024 was R748 Mil. Hence, Acsion's Days Sales Outstanding for the six months ended in Aug. 2024 was 10.81.

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

JSE:ACS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.73 Med: 6.86 Max: 11.19
Current: 8.06

During the past 10 years, Acsion's highest Days Sales Outstanding was 11.19. The lowest was 5.73. And the median was 6.86.

JSE:ACS's Days Sales Outstanding is ranked better than
78.81% of 1647 companies
in the Real Estate industry
Industry Median: 35.19 vs JSE:ACS: 8.06

Acsion's Days Sales Outstanding increased from Aug. 2023 (3.89) to Aug. 2024 (10.81).

Acsion Days Sales Outstanding Historical Data

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

Acsion Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

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6.86

11.19

9.57

5.93

6.05

Acsion Semi-Annual Data
	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Days Sales Outstanding	Get a 7-Day Free Trial															10.97	10.45	3.89	4.69	10.81

Competitive Comparison of Acsion's Days Sales Outstanding

For the Real Estate - Development subindustry, Acsion'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.

Acsion's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

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Acsion 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.

Acsion's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (19.473	+	28.06)	/	2 )	/	1433.337	*	365
=	23.7665					/	1433.337	*	365
=	6.05

Acsion's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

	Days Sales Outstanding (Q: Aug. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2024 )	+	Accounts Receivable (A: Aug. 2024 ))	/	count )	/	Revenue (A: Aug. 2024 )	*	Days in Period
=	( (28.06	+	60.605)	/	2 )	/	748.49	*	365 / 2
=	44.3325					/	748.49	*	365 / 2
=	10.81

Acsion (JSE:ACS) Days Sales Outstanding Explanation

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

Acsion Days Sales Outstanding Related Terms

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Acsion Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Acsion Ltd (JSE:ACS) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Corner Rooihuiskraal and Hendrik Verwoerd Drives, Mall Reds, 1st Floor, Rooihuiskraal Ext 15, Centurion, ZAF, 0157

Website

https://www.acsionsa.co.za

Acsion Ltd is a property development company. The company has three main reportable segments which are, South African property operations, South African hospitality operations, and International property operations. The company generates the majority of its revenue from the South African property operations segment. Geographically, the company's majority of the activities are based in South Africa and Cyprus with a substantial part of its revenue being generated from its operations in South Africa.

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