Edgars Stores (XZIM:EDGR.ZW) Days Sales Outstanding : 637,080.68 (As of Jun. 2024)

View and export this data going back to 1974. Start your Free Trial

What is Edgars Stores Days Sales Outstanding?

Edgars Stores's average Accounts Receivable for the six months ended in Jun. 2024 was $45,908 Mil. Edgars Stores's Revenue for the six months ended in Jun. 2024 was $13 Mil. Hence, Edgars Stores's Days Sales Outstanding for the six months ended in Jun. 2024 was 637,080.68.

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

XZIM:EDGR.ZW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.74 Med: 106.09 Max: 207.24
Current: 81.35

During the past 13 years, Edgars Stores's highest Days Sales Outstanding was 207.24. The lowest was 30.74. And the median was 106.09.

XZIM:EDGR.ZW's Days Sales Outstanding is ranked worse than
88.42% of 1079 companies
in the Retail - Cyclical industry
Industry Median: 18.71 vs XZIM:EDGR.ZW: 81.35

Edgars Stores's Days Sales Outstanding increased from Jun. 2023 (535,040.49) to Jun. 2024 (637,080.68).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Edgars Stores Days Sales Outstanding Historical Data

The historical data trend for Edgars Stores'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.

Edgars Stores Days Sales Outstanding Chart

Edgars Stores Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

30.74

61.74

68.79

64.61

96.74

Edgars Stores Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															25.87	44.84	535,040.49	61.01	637,080.68

Competitive Comparison of Edgars Stores's Days Sales Outstanding

For the Apparel Retail subindustry, Edgars Stores'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.

Edgars Stores's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Edgars Stores's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Edgars Stores's Days Sales Outstanding falls into.

Edgars Stores 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.

Edgars Stores'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
=	( (37995.001	+	91803.058)	/	2 )	/	244869.336	*	365
=	64899.0295					/	244869.336	*	365
=	96.74

Edgars Stores's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (91803.058	+	13.359)	/	2 )	/	13.151	*	365 / 2
=	45908.2085					/	13.151	*	365 / 2
=	637,080.68

Edgars Stores (XZIM:EDGR.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.

Edgars Stores Days Sales Outstanding Related Terms

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

Edgars Stores Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Edgars Stores Ltd (XZIM:EDGR.ZW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Jason Moyo Avenue, ZB Life Towers 15th Floor, corner Sam Nujoma & Speke Avenue, Harare, ZWE

Website

https://www.edgars.co.zw

Edgars Stores Ltd retails clothing, footwear, textiles, and accessories in Zimbabwe. The company also manufactures and sells a range of denim, as well as ladies', children's, and gents' casual wear to other retailers. The company has classified its products and services into six operating segments namely Retailing, Edgars, Jet, Manufacturing, Micro Finance Club points, and Financial Services. The majority of the revenue is generated from Edgars. Its operations are spread across Zimbabwe.

Edgars Stores Headlines

No Headlines