IVE Group (ASX:IGL) Days Sales Outstanding : 51.84 (As of Dec. 2023)

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What is IVE Group Days Sales Outstanding?

IVE Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$144.2 Mil. IVE Group's Revenue for the six months ended in Dec. 2023 was A$507.6 Mil. Hence, IVE Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 51.84.

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

ASX:IGL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.42 Med: 55.77 Max: 66
Current: 53.77

During the past 8 years, IVE Group's highest Days Sales Outstanding was 66.00. The lowest was 47.42. And the median was 55.77.

ASX:IGL's Days Sales Outstanding is ranked better than
63.45% of 1026 companies
in the Media - Diversified industry
Industry Median: 68.45 vs ASX:IGL: 53.77

IVE Group's Days Sales Outstanding increased from Dec. 2022 (46.82) to Dec. 2023 (51.84).

IVE Group Days Sales Outstanding Historical Data

The historical data trend for IVE Group'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.

IVE Group Days Sales Outstanding Chart

IVE Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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57.63

55.91

55.62

52.48

47.42

IVE Group Semi-Annual Data
	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												51.49	56.02	46.82	54.30	51.84

Competitive Comparison of IVE Group's Days Sales Outstanding

For the Advertising Agencies subindustry, IVE Group'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.

IVE Group's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IVE Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where IVE Group's Days Sales Outstanding falls into.

IVE Group 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.

IVE Group'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
=	( (116.742	+	135.371)	/	2 )	/	970.212	*	365
=	126.0565					/	970.212	*	365
=	47.42

IVE Group'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
=	( (135.371	+	152.997)	/	2 )	/	507.605	*	365 / 2
=	144.184					/	507.605	*	365 / 2
=	51.84

IVE Group (ASX:IGL) Days Sales Outstanding Explanation

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

IVE Group Days Sales Outstanding Related Terms

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IVE Group (ASX:IGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IVE Group Ltd (ASX:IGL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-374 Parramatta Road, Building B, Homebush, Sydney, NSW, AUS, 2140

Website

https://www.ivegroup.com.au

IVE Group Ltd is a diversified print and marketing communications company. The principal activities of the company include conceptual and creative design across print, mobile and interactive media; catalogues, the printing of magazines, marketing, and corporate communications materials and stationery. Also, the company provides personalized communications including marketing mail, publication mail, e-communications, and multi-channel solutions. It serves sectors such as financial services, publishing, retail, communications, property, clubs and associations, not-for-profit, utilities, manufacturing, education, and government.

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