Cofle SpA (MIL:CFL) Days Sales Outstanding : 74.38 (As of Dec. 2023)

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What is Cofle SpA Days Sales Outstanding?

Cofle SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €13.00 Mil. Cofle SpA's Revenue for the six months ended in Dec. 2023 was €31.91 Mil. Hence, Cofle SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 74.38.

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

MIL:CFL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.12 Med: 83.65 Max: 101.15
Current: 76.82

During the past 5 years, Cofle SpA's highest Days Sales Outstanding was 101.15. The lowest was 73.12. And the median was 83.65.

MIL:CFL's Days Sales Outstanding is ranked worse than
69.46% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 60.13 vs MIL:CFL: 76.82

Cofle SpA's Days Sales Outstanding declined from Dec. 2022 (87.59) to Dec. 2023 (74.38).

Cofle SpA Days Sales Outstanding Historical Data

The historical data trend for Cofle SpA'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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Cofle SpA Days Sales Outstanding Chart

Cofle SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

90.30

101.15

80.94

83.65

73.12

Cofle SpA Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				100.51	87.11	87.59	83.17	74.38

Competitive Comparison of Cofle SpA's Days Sales Outstanding

For the Auto Parts subindustry, Cofle SpA'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.

Cofle SpA's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Cofle SpA's Days Sales Outstanding falls into.

Cofle SpA 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.

Cofle SpA'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
=	( (13.338	+	11.63)	/	2 )	/	62.317	*	365
=	12.484					/	62.317	*	365
=	73.12

Cofle SpA'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
=	( (14.378	+	11.63)	/	2 )	/	31.907	*	365 / 2
=	13.004					/	31.907	*	365 / 2
=	74.38

Cofle SpA (MIL:CFL) Days Sales Outstanding Explanation

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

Cofle SpA Days Sales Outstanding Related Terms

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Cofle SpA (MIL:CFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cofle SpA (MIL:CFL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

Y9A:Germany

Address

Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056

Website

https://www.cofle.com

Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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