The Convenience Shop Holding (MAL:CVS) Days Sales Outstanding : 13.99 (As of Jun. 2024)

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What is The Convenience Shop Holding Days Sales Outstanding?

The Convenience Shop Holding's average Accounts Receivable for the six months ended in Jun. 2024 was €1.67 Mil. The Convenience Shop Holding's Revenue for the six months ended in Jun. 2024 was €21.82 Mil. Hence, The Convenience Shop Holding's Days Sales Outstanding for the six months ended in Jun. 2024 was 13.99.

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

MAL:CVS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.74 Med: 9.63 Max: 10.65
Current: 10.65

During the past 2 years, The Convenience Shop Holding's highest Days Sales Outstanding was 10.65. The lowest was 8.74. And the median was 9.63.

MAL:CVS's Days Sales Outstanding is ranked better than
64.15% of 1085 companies
in the Retail - Cyclical industry
Industry Median: 18.18 vs MAL:CVS: 10.65

The Convenience Shop Holding's Days Sales Outstanding increased from Jun. 2023 (8.26) to Jun. 2024 (13.99).

The Convenience Shop Holding Days Sales Outstanding Historical Data

The historical data trend for The Convenience Shop Holding'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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The Convenience Shop Holding Days Sales Outstanding Chart

The Convenience Shop Holding Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

8.74

10.51

The Convenience Shop Holding Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	-	8.06	8.26	12.59	13.99

Competitive Comparison of The Convenience Shop Holding's Days Sales Outstanding

For the Department Stores subindustry, The Convenience Shop Holding'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.

The Convenience Shop Holding's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The Convenience Shop Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where The Convenience Shop Holding's Days Sales Outstanding falls into.

The Convenience Shop Holding 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.

The Convenience Shop Holding'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
=	( (1.016	+	1.673)	/	2 )	/	46.703	*	365
=	1.3445					/	46.703	*	365
=	10.51

The Convenience Shop Holding's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1.673	+	0)	/	1 )	/	21.817	*	365 / 2
=	1.673					/	21.817	*	365 / 2
=	13.99

The Convenience Shop Holding (MAL:CVS) Days Sales Outstanding Explanation

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

The Convenience Shop Holding Days Sales Outstanding Related Terms

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The Convenience Shop Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Convenience Shop Holding PLC (MAL:CVS) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Mdina Road, Marant Food Products, Zebbug, MLT, 9017

Website

https://www.theconvenienceshop.com

The Convenience Shop Holding PLC operates and franchises grocery stores in the fast-moving consumer goods ('FMCG') industry. Through its subsidiaries, the Company manages a chain of retail outlets under The Convenience Shop brand in various locations across Malta. The Group currently operates approximately 40 shops of which 4 shops are owned by minority shareholders and 1 shop (The Convenience Shop for Puttinu Cares Ltd) is operated for charity.