Globavend Holdings (Globavend Holdings) Days Sales Outstanding : 22.32 (As of Sep. 2023)

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What is Globavend Holdings Days Sales Outstanding?

Globavend Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was $1.12 Mil. Globavend Holdings's Revenue for the six months ended in Sep. 2023 was $9.19 Mil. Hence, Globavend Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 22.32.

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

GVH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.72 Med: 22.74 Max: 24.95
Current: 21.99

During the past 3 years, Globavend Holdings's highest Days Sales Outstanding was 24.95. The lowest was 14.72. And the median was 22.74.

GVH's Days Sales Outstanding is ranked better than
79.4% of 966 companies
in the Transportation industry
Industry Median: 45.79 vs GVH: 21.99

Globavend Holdings's Days Sales Outstanding increased from Sep. 2022 (19.85) to Sep. 2023 (22.32).

Globavend Holdings Days Sales Outstanding Historical Data

The historical data trend for Globavend Holdings'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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Globavend Holdings Days Sales Outstanding Chart

Globavend Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Days Sales Outstanding

22.74

14.72

24.95

Globavend Holdings Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	-	10.93	19.85	18.73	22.32

Competitive Comparison of Globavend Holdings's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, Globavend Holdings'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.

Globavend Holdings's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Globavend Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Globavend Holdings's Days Sales Outstanding falls into.

Globavend Holdings 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.

Globavend Holdings's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1.112	+	1.429)	/	2 )	/	18.587	*	365
=	1.2705					/	18.587	*	365
=	24.95

Globavend Holdings's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.818	+	1.429)	/	2 )	/	9.186	*	365 / 2
=	1.1235					/	9.186	*	365 / 2
=	22.32

Globavend Holdings (NAS:GVH) Days Sales Outstanding Explanation

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

Globavend Holdings Days Sales Outstanding Related Terms

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Globavend Holdings (Globavend Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000

Website

https://www.globavend.com

Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

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