RCL Foods (JSE:RCL) Days Sales Outstanding : 31.40 (As of Dec. 2023)

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What is RCL Foods Days Sales Outstanding?

RCL Foods's average Accounts Receivable for the six months ended in Dec. 2023 was R3,463 Mil. RCL Foods's Revenue for the six months ended in Dec. 2023 was R20,130 Mil. Hence, RCL Foods's Days Sales Outstanding for the six months ended in Dec. 2023 was 31.40.

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

JSE:RCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.11 Med: 48.64 Max: 57.64
Current: 44.23

During the past 13 years, RCL Foods's highest Days Sales Outstanding was 57.64. The lowest was 32.11. And the median was 48.64.

JSE:RCL's Days Sales Outstanding is ranked worse than
56.77% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.18 vs JSE:RCL: 44.23

RCL Foods's Days Sales Outstanding declined from Dec. 2022 (61.21) to Dec. 2023 (31.40).

RCL Foods Days Sales Outstanding Historical Data

The historical data trend for RCL Foods'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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RCL Foods Days Sales Outstanding Chart

RCL Foods Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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50.62

57.64

55.22

54.55

32.11

RCL Foods 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															56.19	67.31	61.21	42.46	31.40

Competitive Comparison of RCL Foods's Days Sales Outstanding

For the Packaged Foods subindustry, RCL Foods'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.

RCL Foods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, RCL Foods's Days Sales Outstanding distribution charts can be found below:

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

RCL Foods 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.

RCL Foods'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
=	( (5085.274	+	1562.801)	/	2 )	/	37782.948	*	365
=	3324.0375					/	37782.948	*	365
=	32.11

RCL Foods'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
=	( (1562.801	+	5363.598)	/	2 )	/	20130.187	*	365 / 2
=	3463.1995					/	20130.187	*	365 / 2
=	31.40

RCL Foods (JSE:RCL) Days Sales Outstanding Explanation

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

RCL Foods Days Sales Outstanding Related Terms

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RCL Foods (JSE:RCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » RCL Foods Ltd (JSE:RCL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ten The Boulevard, Westway Office Park, Westville, NL, ZAF, 3629

Website

https://www.rclfoods.com

RCL Foods Ltd is a leading African food producer with operations across South Africa, Swaziland, Namibia, Botswana, and Zambia. RCL Foods operates through the below segments, Groceries segment: Engaged in Culinary (includes Mayonnaise, Peanut Butter, Rusks etc.) and Pet Food and Beverages operations; Baking segment: Includes the Milling, Speciality, Pies, Sunbake and Sunshine bakeries and Buns and Rolls; Sugar segment: Includes Sugar and molasses-based feed (Molatek) operations; Rainbow segment includes the chicken business, grain-based feed (Epol and Driehoek) and Waste-to-Value operations. The company generates the majority of its revenue from the Rainbow segment.