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Racing Force SpA (XPAR:ALRFG) Days Sales Outstanding : 45.11 (As of Dec. 2023)


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What is Racing Force SpA Days Sales Outstanding?

Racing Force SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €12.58 Mil. Racing Force SpA's Revenue for the three months ended in Dec. 2023 was €25.45 Mil. Hence, Racing Force SpA's Days Sales Outstanding for the three months ended in Dec. 2023 was 45.11.

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

XPAR:ALRFG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.41   Med: 59.24   Max: 68.9
Current: 68.9

During the past 4 years, Racing Force SpA's highest Days Sales Outstanding was 68.90. The lowest was 54.41. And the median was 59.24.

XPAR:ALRFG's Days Sales Outstanding is ranked worse than
82.02% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.59 vs XPAR:ALRFG: 68.90

Racing Force SpA's Days Sales Outstanding increased from Dec. 2021 (34.73) to Dec. 2023 (45.11).

Racing Force SpA Days Sales Outstanding Historical Data

The historical data trend for Racing Force 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.

* Premium members only.

Racing Force SpA Days Sales Outstanding Chart

Racing Force SpA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
67.52 54.41 55.77 62.71

Racing Force SpA Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 34.73 25.33 38.41 29.76 45.11

Competitive Comparison of Racing Force SpA's Days Sales Outstanding

For the Leisure subindustry, Racing Force 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.

Racing Force SpA's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Racing Force SpA's Days Sales Outstanding distribution charts can be found below:

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


Racing Force 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.

Racing Force 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
=( (10.315 + 11.215) / 2 ) / 62.656*365
=10.765 / 62.656*365
=62.71

Racing Force 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
=( (13.952 + 11.215) / 2 ) / 25.452*365 / 4
=12.5835 / 25.452*365 / 4
=45.11

* 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.

Racing Force SpA  (XPAR:ALRFG) Days Sales Outstanding Explanation

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

Racing Force SpA Days Sales Outstanding Related Terms

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

Racing Force SpA (XPAR:ALRFG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Racing Force SpA (XPAR:ALRFG) » Definitions » Days Sales Outstanding
Comparable Companies
MIL:ART MIL:TISG TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 LSE:GAW SZSE:300144 HKSE:09992 YETI GOLF TSE:7731 SEAS TSX:TOY OSTO:THULE
Traded in Other Exchanges
RFG:Italy
Address
via Bazzano 5, Ronco Scrivia, Genoa, ITA, 16019
Website
https://www.racingforce.com
Racing Force SpA is engaged in the field of design and manufacture of motorsport safety products. Its product range spans from suits, gloves, shoes, seats, harnesses, helmets, rollbars, racing nets, steering wheels, fire extinguisher systems, and intercoms, to other accessories strictly related to the motorsport industry.

Racing Force SpA (XPAR:ALRFG) Headlines

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