African Distillers (XZIM:AFDS.ZW) Days Sales Outstanding : 22.37 (As of Sep. 2023)

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What is African Distillers Days Sales Outstanding?

African Distillers's average Accounts Receivable for the six months ended in Sep. 2023 was ZWL16,423 Mil. African Distillers's Revenue for the six months ended in Sep. 2023 was ZWL134,001 Mil. Hence, African Distillers's Days Sales Outstanding for the six months ended in Sep. 2023 was 22.37.

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

XZIM:AFDS.ZW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.36 Med: 14.02 Max: 55.78
Current: 33.74

During the past 8 years, African Distillers's highest Days Sales Outstanding was 55.78. The lowest was 3.36. And the median was 14.02.

XZIM:AFDS.ZW's Days Sales Outstanding is ranked better than
59.72% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.13 vs XZIM:AFDS.ZW: 33.74

African Distillers's Days Sales Outstanding increased from Sep. 2022 (2.56) to Sep. 2023 (22.37).

African Distillers Days Sales Outstanding Historical Data

The historical data trend for African Distillers'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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African Distillers Days Sales Outstanding Chart

African Distillers Annual Data

Trend

Jun09

Jun11

Jun12

Jun18

Jun19

Jun20

Mar22

Mar23

Days Sales Outstanding

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55.78

14.02

19.40

3.36

11.24

African Distillers Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial										6.62	4.03	2.56	-	22.37

Competitive Comparison of African Distillers's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, African Distillers'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.

African Distillers's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, African Distillers's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where African Distillers's Days Sales Outstanding falls into.

African Distillers 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.

African Distillers's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (301.258	+	2223.368)	/	2 )	/	41005.939	*	365
=	1262.313					/	41005.939	*	365
=	11.24

African Distillers's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2223.368	+	30623.023)	/	2 )	/	134000.584	*	365 / 2
=	16423.1955					/	134000.584	*	365 / 2
=	22.37

African Distillers (XZIM:AFDS.ZW) Days Sales Outstanding Explanation

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

African Distillers Days Sales Outstanding Related Terms

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African Distillers (XZIM:AFDS.ZW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » African Distillers Ltd (XZIM:AFDS.ZW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 km peg Lomagundi Road, Stapleford, Westgate, Harare, ZWE

Website

https://www.africandistillers.co.zw

African Distillers Ltd is engaged in the manufacturing, distribution, and marketing of branded spirits, ciders, and wines for the Zimbabwean market and for export. The company has six depots in Bulawayo, Harare, Kwekwe, Masvingo, Mutare and Victoria Falls. Brown spirits sales generate maximum revenue for the company. The product portfolio includes brown spirits, ciders, white spirits, still wines, liqueur, spirit coolers, fortified wines, sparkling wines, and sparkling juice.

African Distillers (XZIM:AFDS.ZW) Headlines

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