Strix Group (LSE:KETL) Days Sales Outstanding : 44.21 (As of Dec. 2023)

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What is Strix Group Days Sales Outstanding?

Strix Group's average Accounts Receivable for the six months ended in Dec. 2023 was £19.2 Mil. Strix Group's Revenue for the six months ended in Dec. 2023 was £79.4 Mil. Hence, Strix Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 44.21.

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

LSE:KETL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.21 Med: 34.17 Max: 715.26
Current: 48.67

During the past 11 years, Strix Group's highest Days Sales Outstanding was 715.26. The lowest was 14.21. And the median was 34.17.

LSE:KETL's Days Sales Outstanding is ranked better than
79.32% of 2461 companies
in the Hardware industry
Industry Median: 74.48 vs LSE:KETL: 48.67

Strix Group's Days Sales Outstanding declined from Dec. 2022 (57.80) to Dec. 2023 (44.21).

Strix Group Days Sales Outstanding Historical Data

The historical data trend for Strix 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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Strix Group Days Sales Outstanding Chart

Strix Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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15.41

34.34

40.57

55.88

49.33

Strix Group Semi-Annual Data
	Dec14	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											35.71	53.23	57.80	53.38	44.21

Competitive Comparison of Strix Group's Days Sales Outstanding

For the Electronic Components subindustry, Strix 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.

Strix Group's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Strix Group's Days Sales Outstanding distribution charts can be found below:

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

Strix 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.

Strix Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (19.389	+	19.692)	/	2 )	/	144.586	*	365
=	19.5405					/	144.586	*	365
=	49.33

Strix 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
=	( (18.762	+	19.692)	/	2 )	/	79.368	*	365 / 2
=	19.227					/	79.368	*	365 / 2
=	44.21

Strix Group (LSE:KETL) Days Sales Outstanding Explanation

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

Strix Group Days Sales Outstanding Related Terms

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Strix Group (LSE:KETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strix Group PLC (LSE:KETL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SG9:Germany

Address

Forrest House, Ronaldsway, IMN, IM9 2RG

Website

https://www.strixplc.com

Strix Group PLC manufactures and markets kettle controls for appliances worldwide. The Group is engaged in the business of design, manufacture, and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Its revenue is generated by the sale of thermostatic controls, cordless interfaces, and other products such as water jugs and filters. It generates maximum revenue from the Kettle controls segment.

Strix Group (LSE:KETL) Headlines

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