Kier Group (LSE:KIE) Days Sales Outstanding : 15.63 (As of Dec. 2023)

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What is Kier Group Days Sales Outstanding?

Kier Group's average Accounts Receivable for the six months ended in Dec. 2023 was £160 Mil. Kier Group's Revenue for the six months ended in Dec. 2023 was £1,862 Mil. Hence, Kier Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 15.63.

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

LSE:KIE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.36 Med: 24.89 Max: 44.99
Current: 17.2

During the past 13 years, Kier Group's highest Days Sales Outstanding was 44.99. The lowest was 13.36. And the median was 24.89.

LSE:KIE's Days Sales Outstanding is ranked better than
95.75% of 1646 companies
in the Construction industry
Industry Median: 72.605 vs LSE:KIE: 17.20

Kier Group's Days Sales Outstanding declined from Dec. 2022 (21.00) to Dec. 2023 (15.63).

Kier Group Days Sales Outstanding Historical Data

The historical data trend for Kier 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.

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Kier Group Days Sales Outstanding Chart

Kier Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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24.32

21.22

16.72

16.26

13.36

Kier 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															23.13	21.13	21.00	15.22	15.63

Competitive Comparison of Kier Group's Days Sales Outstanding

For the Engineering & Construction subindustry, Kier 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.

Kier Group's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Kier Group's Days Sales Outstanding distribution charts can be found below:

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

Kier 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.

Kier Group'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
=	( (144.6	+	102.9)	/	2 )	/	3380.7	*	365
=	123.75					/	3380.7	*	365
=	13.36

Kier 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
=	( (102.9	+	216.1)	/	2 )	/	1862.1	*	365 / 2
=	159.5					/	1862.1	*	365 / 2
=	15.63

Kier Group (LSE:KIE) Days Sales Outstanding Explanation

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

Kier Group Days Sales Outstanding Related Terms

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Kier Group (LSE:KIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kier Group PLC (LSE:KIE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KIEl:UK 10I:Germany

Address

Optimum House, 2nd Floor, Clippers Quay, Salford, GBR, M50 3XP

Website

http://www.kier.co.uk

Kier Group PLC is a construction, services, and property company that builds and maintains projects for various sectors. Its design and engineering capabilities meet the specifications for public and private customers. The construction segment works in both the public and private sectors through local bases and offers national coverage for its clients. The infrastructure services segment is focused on four main markets: highways, utilities, infrastructure, and rail. The property segment, which invests and develops schemes and sites across the United Kingdom and the last segment is corporate segment. Kier plans to divest from this segment to free up capital for the other segments. The U.K. accounts majority of its revenue, with the rest split among the Americas, Middle East, and Far East.