Advanced Braking Technology (ASX:ABV) Days Sales Outstanding : 50.54 (As of Dec. 2023)

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What is Advanced Braking Technology Days Sales Outstanding?

Advanced Braking Technology's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.97 Mil. Advanced Braking Technology's Revenue for the six months ended in Dec. 2023 was A$7.11 Mil. Hence, Advanced Braking Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 50.54.

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

ASX:ABV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.26 Med: 59.71 Max: 104.13
Current: 49.26

During the past 13 years, Advanced Braking Technology's highest Days Sales Outstanding was 104.13. The lowest was 49.26. And the median was 59.71.

ASX:ABV's Days Sales Outstanding is ranked better than
63.96% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.175 vs ASX:ABV: 49.26

Advanced Braking Technology's Days Sales Outstanding declined from Dec. 2022 (50.57) to Dec. 2023 (50.54).

Advanced Braking Technology Days Sales Outstanding Historical Data

The historical data trend for Advanced Braking Technology'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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Advanced Braking Technology Days Sales Outstanding Chart

Advanced Braking Technology Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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71.14

56.83

51.57

57.26

51.49

Advanced Braking Technology 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															49.56	54.92	50.57	48.41	50.54

Competitive Comparison of Advanced Braking Technology's Days Sales Outstanding

For the Auto Parts subindustry, Advanced Braking Technology'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.

Advanced Braking Technology's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Advanced Braking Technology's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advanced Braking Technology's Days Sales Outstanding falls into.

Advanced Braking Technology 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.

Advanced Braking Technology's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (2.033	+	1.959)	/	2 )	/	14.15	*	365
=	1.996					/	14.15	*	365
=	51.49

Advanced Braking Technology'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
=	( (1.959	+	1.98)	/	2 )	/	7.112	*	365 / 2
=	1.9695					/	7.112	*	365 / 2
=	50.54

Advanced Braking Technology (ASX:ABV) Days Sales Outstanding Explanation

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

Advanced Braking Technology Days Sales Outstanding Related Terms

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Advanced Braking Technology (ASX:ABV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Advanced Braking Technology Ltd (ASX:ABV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

73 Inspiration Drive, Wangara, WA, AUS, 6065

Website

https://www.advancedbraking.com

Advanced Braking Technology Ltd is an Australian firm engaged in the commercialisation, research, development, and manufacture of the ABT Failsafe Brakes, ABT Failsafe Emergency Driveline Brakes, Terra Dura Brakes, and associated braking systems. It develops its product portfolio for a diverse range of industries such as mining, defense, civil construction, and waste management industries. Geographically, the company generates a majority of its revenue from Australia and exports overseas.

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