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Inspecs Group (LSE:SPEC) Days Sales Outstanding : 50.00 (As of Dec. 2023)


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What is Inspecs Group Days Sales Outstanding?

Inspecs Group's average Accounts Receivable for the six months ended in Dec. 2023 was £25.2 Mil. Inspecs Group's Revenue for the six months ended in Dec. 2023 was £92.1 Mil. Hence, Inspecs Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 50.00.

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

LSE:SPEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.18   Med: 61.39   Max: 136.07
Current: 43.77

During the past 8 years, Inspecs Group's highest Days Sales Outstanding was 136.07. The lowest was 40.18. And the median was 61.39.

LSE:SPEC's Days Sales Outstanding is ranked better than
79.8% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.88 vs LSE:SPEC: 43.77

Inspecs Group's Days Sales Outstanding increased from Dec. 2022 (45.31) to Dec. 2023 (50.00).

Inspecs Group Days Sales Outstanding Historical Data

The historical data trend for Inspecs 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.

Inspecs Group Days Sales Outstanding Chart

Inspecs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 66.83 136.07 40.18 40.34 42.05

Inspecs Group Semi-Annual Data
Dec16 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 41.03 40.77 45.31 40.18 50.00

Competitive Comparison of Inspecs Group's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Inspecs 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.

Inspecs Group's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspecs Group's Days Sales Outstanding distribution charts can be found below:

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


Inspecs 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.

Inspecs 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
=( (22.67 + 24.168) / 2 ) / 203.292*365
=23.419 / 203.292*365
=42.05

Inspecs 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
=( (26.298 + 24.168) / 2 ) / 92.093*365 / 2
=25.233 / 92.093*365 / 2
=50.00

* 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.

Inspecs Group  (LSE:SPEC) Days Sales Outstanding Explanation

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

Inspecs Group Days Sales Outstanding Related Terms

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Inspecs Group (LSE:SPEC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Inspecs Group PLC (LSE:SPEC) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
N/A
Address
Upper Bristol Road, 7-10 Kelso Place, Bath, Somerset, GBR, BA1 3AU
Website
https://www.inspecs.com
Inspecs Group PLC is a designer and manufacturer of eyewear frames and accessories. Its customers include optical and Non-optical retailers, global distributors, and independent opticians. The company operations are spread across the United Kingdom, Europe (excluding the UK), South America, North America, Asia, Africa, and Australia. Its eyewear brands include Superdry, Savile Row, Farah, and Nascar among others.