GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Combined Motor Holdings Ltd (JSE:CMH) » Definitions » Days Sales Outstanding

Combined Motor Holdings (JSE:CMH) Days Sales Outstanding : 11.21 (As of Feb. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Combined Motor Holdings Days Sales Outstanding?

Combined Motor Holdings's average Accounts Receivable for the six months ended in Feb. 2024 was R382 Mil. Combined Motor Holdings's Revenue for the six months ended in Feb. 2024 was R6,219 Mil. Hence, Combined Motor Holdings's Days Sales Outstanding for the six months ended in Feb. 2024 was 11.21.

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

JSE:CMH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.04   Med: 8.05   Max: 9.89
Current: 9.89

During the past 13 years, Combined Motor Holdings's highest Days Sales Outstanding was 9.89. The lowest was 7.04. And the median was 8.05.

JSE:CMH's Days Sales Outstanding is ranked better than
93.8% of 1274 companies
in the Vehicles & Parts industry
Industry Median: 60.34 vs JSE:CMH: 9.89

Combined Motor Holdings's Days Sales Outstanding increased from Feb. 2023 (9.77) to Feb. 2024 (11.21).


Combined Motor Holdings Days Sales Outstanding Historical Data

The historical data trend for Combined Motor Holdings'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.

Combined Motor Holdings Days Sales Outstanding Chart

Combined Motor Holdings Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.85 9.08 7.04 7.46 8.25

Combined Motor Holdings Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 8.62 9.23 9.77 10.24 11.21

Competitive Comparison of Combined Motor Holdings's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, Combined Motor Holdings'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.


Combined Motor Holdings's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Combined Motor Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Combined Motor Holdings's Days Sales Outstanding falls into.



Combined Motor Holdings 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.

Combined Motor Holdings'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
=( (279.525 + 300.551) / 2 ) / 12839.564*365
=290.038 / 12839.564*365
=8.25

Combined Motor Holdings's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (463.607 + 300.551) / 2 ) / 6218.673*365 / 2
=382.079 / 6218.673*365 / 2
=11.21

* 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.


Combined Motor Holdings  (JSE:CMH) Days Sales Outstanding Explanation

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


Combined Motor Holdings Days Sales Outstanding Related Terms

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


Combined Motor Holdings (JSE:CMH) Business Description

Traded in Other Exchanges
N/A
Address
1 Wilton Crescent, Umhlanga Ridge, Durban, ZAF, 4319
Combined Motor Holdings Ltd is a South Africa-based investment holding company. The company with its subsidiaries is primarily engaged in retail motor, car hire, and financial services. The company operates in four business segments namely Motor retail and distribution segment which comprises of retail motor dealerships of Volvo, Land Rover, Jaguar, Honda, Ford, Mazda, General Motors, Lexus, Mitsubishi, Volkswagen, Toyota, and Morris Garages, among others which also contributes a major part of revenue; Car Hire segment; Financial services segment and, Corporate services and others segment. The majority of its revenue is earned from the South African market.

Combined Motor Holdings (JSE:CMH) Headlines

No Headlines