WT Financial Group (ASX:WTL) Days Sales Outstanding : 17.63 (As of Dec. 2023)

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What is WT Financial Group Days Sales Outstanding?

WT Financial Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$7.7 Mil. WT Financial Group's Revenue for the six months ended in Dec. 2023 was A$79.6 Mil. Hence, WT Financial Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.63.

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

ASX:WTL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.64 Med: 16.81 Max: 177.31
Current: 17.16

During the past 9 years, WT Financial Group's highest Days Sales Outstanding was 177.31. The lowest was 11.64. And the median was 16.81.

ASX:WTL's Days Sales Outstanding is ranked better than
79.68% of 507 companies
in the Asset Management industry
Industry Median: 49.77 vs ASX:WTL: 17.16

WT Financial Group's Days Sales Outstanding increased from Dec. 2022 (15.82) to Dec. 2023 (17.63).

WT Financial Group Days Sales Outstanding Historical Data

The historical data trend for WT Financial 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.

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WT Financial Group Days Sales Outstanding Chart

WT Financial Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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18.34

14.36

11.64

13.74

15.27

WT Financial Group Semi-Annual Data
	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													12.90	15.94	15.82	15.14	17.63

Competitive Comparison of WT Financial Group's Days Sales Outstanding

For the Asset Management subindustry, WT Financial 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.

WT Financial Group's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, WT Financial Group's Days Sales Outstanding distribution charts can be found below:

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

WT Financial 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.

WT Financial 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
=	( (7.322	+	6.11)	/	2 )	/	160.512	*	365
=	6.716					/	160.512	*	365
=	15.27

WT Financial 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
=	( (6.11	+	9.273)	/	2 )	/	79.604	*	365 / 2
=	7.6915					/	79.604	*	365 / 2
=	17.63

WT Financial Group (ASX:WTL) Days Sales Outstanding Explanation

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

WT Financial Group Days Sales Outstanding Related Terms

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WT Financial Group (ASX:WTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » WT Financial Group Ltd (ASX:WTL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

95 Pitt Street, Level 5, Australia Square Plaza Building, Sydney, NSW, AUS, 2000

Website

https://www.wtfglimited.com

WT Financial Group Ltd is a diversified financial services company. The company's operating segment includes B2B and B2C. It includes financial planning, investment advice and product sales; Accounting and taxation services, and others. It generates maximum revenue from the financial planning, investment advice and product sales segment. Its Financial planning, investment advice and product sales segment include the provision of a diverse range of financial services encompassing financial planning in self-managed superannuation funds (SMSFs) and direct and SMSF residential real estate investment.

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