Flutter Entertainment (Flutter Entertainment) Days Sales Outstanding : 2.33 (As of Dec. 2023)

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What is Flutter Entertainment Days Sales Outstanding?

Flutter Entertainment's average Accounts Receivable for the six months ended in Dec. 2023 was $73 Mil. Flutter Entertainment's Revenue for the six months ended in Dec. 2023 was $5,725 Mil. Hence, Flutter Entertainment's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.33.

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

FLUT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.84 Med: 1.66 Max: 3.26
Current: 2.75

During the past 13 years, Flutter Entertainment's highest Days Sales Outstanding was 3.26. The lowest was 0.84. And the median was 1.66.

FLUT's Days Sales Outstanding is ranked better than
96.38% of 802 companies
in the Travel & Leisure industry
Industry Median: 29.83 vs FLUT: 2.75

Flutter Entertainment's Days Sales Outstanding declined from Dec. 2022 (2.86) to Dec. 2023 (2.33).

Flutter Entertainment Days Sales Outstanding Historical Data

The historical data trend for Flutter Entertainment'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.

Flutter Entertainment Days Sales Outstanding Chart

Flutter Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.15

0.83

1.53

3.27

3.19

Flutter Entertainment 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															1.90	2.33	2.86	2.59	2.33

Competitive Comparison of Flutter Entertainment's Days Sales Outstanding

For the Gambling subindustry, Flutter Entertainment'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.

Flutter Entertainment's Days Sales Outstanding Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Flutter Entertainment's Days Sales Outstanding falls into.

Flutter Entertainment 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.

Flutter Entertainment'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
=	( (116	+	90)	/	2 )	/	11790	*	365
=	103					/	11790	*	365
=	3.19

Flutter Entertainment'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
=	( (55.876	+	90)	/	2 )	/	5724.891	*	365 / 2
=	72.938					/	5724.891	*	365 / 2
=	2.33

Flutter Entertainment (NYSE:FLUT) Days Sales Outstanding Explanation

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

Flutter Entertainment Days Sales Outstanding Related Terms

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Flutter Entertainment (Flutter Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flutter Entertainment PLC (NYSE:FLUT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PDYPY:USA FLTR:Ireland FLTRl:UK FLTR:UK PPB:Germany

Address

Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4

Website

https://www.flutter.com

Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.