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Construction Partners (STU:CQY) Days Sales Outstanding : 65.14 (As of Mar. 2024)


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What is Construction Partners Days Sales Outstanding?

Construction Partners's average Accounts Receivable for the three months ended in Mar. 2024 was €244 Mil. Construction Partners's Revenue for the three months ended in Mar. 2024 was €342 Mil. Hence, Construction Partners's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.14.

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

STU:CQY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.1   Med: 63.92   Max: 71.88
Current: 58.45

During the past 8 years, Construction Partners's highest Days Sales Outstanding was 71.88. The lowest was 58.10. And the median was 63.92.

STU:CQY's Days Sales Outstanding is ranked better than
64.01% of 1645 companies
in the Construction industry
Industry Median: 73.18 vs STU:CQY: 58.45

Construction Partners's Days Sales Outstanding declined from Mar. 2023 (66.86) to Mar. 2024 (65.14).


Construction Partners Days Sales Outstanding Historical Data

The historical data trend for Construction Partners'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.

Construction Partners Days Sales Outstanding Chart

Construction Partners Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial 59.05 65.36 58.07 55.85 68.82

Construction Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 66.86 54.19 53.29 65.11 65.14

Competitive Comparison of Construction Partners's Days Sales Outstanding

For the Engineering & Construction subindustry, Construction Partners'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.


Construction Partners's Days Sales Outstanding Distribution in the Construction Industry

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

* The bar in red indicates where Construction Partners's Days Sales Outstanding falls into.



Construction Partners 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.

Construction Partners's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (267.859 + 284.571) / 2 ) / 1465.044*365
=276.215 / 1465.044*365
=68.82

Construction Partners's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (234.32 + 253.524) / 2 ) / 341.713*365 / 4
=243.922 / 341.713*365 / 4
=65.14

* 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.


Construction Partners  (STU:CQY) Days Sales Outstanding Explanation

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


Construction Partners Days Sales Outstanding Related Terms

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Construction Partners (STU:CQY) Business Description

Traded in Other Exchanges
Address
290 Healthwest Drive, Suite 2, Dothan, AL, USA, 36303
Construction Partners Inc operates as an infrastructure and road construction company. It provides construction products and services to the public and private sectors. Its services cover the construction of highways, roads, bridges, airports, and commercial and residential sites. The company provides site development, paving, utility and drainage systems, as well as supplies hot mix asphalt.

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