Reef Casino Trust (Reef Casino Trust) Days Sales Outstanding : 36.63 (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Reef Casino Trust Days Sales Outstanding?

Reef Casino Trust's average Accounts Receivable for the six months ended in Dec. 2023 was $1.93 Mil. Reef Casino Trust's Revenue for the six months ended in Dec. 2023 was $9.63 Mil. Hence, Reef Casino Trust's Days Sales Outstanding for the six months ended in Dec. 2023 was 36.63.

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

RCTUF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.82 Med: 34.83 Max: 50.41
Current: 39.27

During the past 13 years, Reef Casino Trust's highest Days Sales Outstanding was 50.41. The lowest was 28.82. And the median was 34.83.

RCTUF's Days Sales Outstanding is ranked worse than
58.16% of 803 companies
in the Travel & Leisure industry
Industry Median: 28.69 vs RCTUF: 39.27

Reef Casino Trust's Days Sales Outstanding increased from Dec. 2022 (32.95) to Dec. 2023 (36.63).

Reef Casino Trust Days Sales Outstanding Historical Data

The historical data trend for Reef Casino Trust'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.

Reef Casino Trust Days Sales Outstanding Chart

Reef Casino Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

39.40

48.63

33.22

29.72

34.98

Reef Casino Trust 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															30.70	43.11	32.95	47.72	36.63

Competitive Comparison of Reef Casino Trust's Days Sales Outstanding

For the Resorts & Casinos subindustry, Reef Casino Trust'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.

Reef Casino Trust's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Reef Casino Trust's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Reef Casino Trust's Days Sales Outstanding falls into.

Reef Casino Trust 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.

Reef Casino Trust'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
=	( (1.756	+	1.571)	/	2 )	/	17.357	*	365
=	1.6635					/	17.357	*	365
=	34.98

Reef Casino Trust'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
=	( (2.295	+	1.571)	/	2 )	/	9.632	*	365 / 2
=	1.933					/	9.632	*	365 / 2
=	36.63

Reef Casino Trust (OTCPK:RCTUF) Days Sales Outstanding Explanation

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

Reef Casino Trust Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Reef Casino Trust's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Reef Casino Trust (Reef Casino Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Reef Casino Trust (OTCPK:RCTUF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RCT:Australia

Address

Level 3, 249 Turbot Street, Sofitel Hotel, Brisbane, QLD, AUS, 4000

Website

https://www.reefcasino.com.au

Reef Casino Trust is engaged in the operation of the reef hotel-casino complex located in Cairns, Queensland, Australia. The company derives revenue from the casino which includes electronic gaming and table games, and hotel which includes room accommodation and food and beverage. The majority of the revenue is generated from the rental income received from the casino operations.