Altron (JSE:AEL) Days Sales Outstanding : 78.94 (As of Aug. 2023)

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What is Altron Days Sales Outstanding?

Altron's average Accounts Receivable for the six months ended in Aug. 2023 was R1,869 Mil. Altron's Revenue for the six months ended in Aug. 2023 was R4,321 Mil. Hence, Altron's Days Sales Outstanding for the six months ended in Aug. 2023 was 78.94.

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

JSE:AEL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.78 Med: 92.41 Max: 170.12
Current: 76.14

During the past 13 years, Altron's highest Days Sales Outstanding was 170.12. The lowest was 70.78. And the median was 92.41.

JSE:AEL's Days Sales Outstanding is ranked worse than
62.81% of 2732 companies
in the Software industry
Industry Median: 61.815 vs JSE:AEL: 76.14

Altron's Days Sales Outstanding declined from Aug. 2022 (94.35) to Aug. 2023 (78.94).

Altron Days Sales Outstanding Historical Data

The historical data trend for Altron'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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Altron Days Sales Outstanding Chart

Altron Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Sales Outstanding

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75.03

170.12

144.76

96.06

75.86

Altron Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Days Sales Outstanding	Get a 7-Day Free Trial															95.73	84.67	94.35	72.58	78.94

Competitive Comparison of Altron's Days Sales Outstanding

For the Information Technology Services subindustry, Altron'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.

Altron's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Altron's Days Sales Outstanding distribution charts can be found below:

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

Altron 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.

Altron's Days Sales Outstanding for the fiscal year that ended in Feb. 2023 is calculated as

	Days Sales Outstanding (A: Feb. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Feb. 2023 ))	/	count )	/	Revenue (A: Feb. 2023 )	*	Days in Period
=	( (1999	+	1935)	/	2 )	/	9464	*	365
=	1967					/	9464	*	365
=	75.86

Altron's Days Sales Outstanding for the quarter that ended in Aug. 2023 is calculated as:

	Days Sales Outstanding (Q: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (1935	+	1803)	/	2 )	/	4321	*	365 / 2
=	1869					/	4321	*	365 / 2
=	78.94

Altron (JSE:AEL) Days Sales Outstanding Explanation

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

Altron Days Sales Outstanding Related Terms

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Altron (JSE:AEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altron Ltd (JSE:AEL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RY7A:Germany

Address

20 Woodlands Drive, Altron Campus, Woodlands Office Park, Woodmead, GT, ZAF, 2191

Website

https://www.altron.com

Altron Ltd provides integrated ICT solutions to businesses, governments, and consumers. Its segments are Digital Transformation, Managed Services, and Own Platforms. It has a direct presence in South Africa, the rest of Africa, Europe, the Middle East, and Australia. Most of the group's revenue is derived from the local market in South Africa.