RTC Group (LSE:RTC) Days Sales Outstanding : 49.99 (As of Dec. 2023)

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What is RTC Group Days Sales Outstanding?

RTC Group's average Accounts Receivable for the six months ended in Dec. 2023 was £14.58 Mil. RTC Group's Revenue for the six months ended in Dec. 2023 was £53.22 Mil. Hence, RTC Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 49.99.

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

LSE:RTC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.88 Med: 50.89 Max: 56.55
Current: 49.54

During the past 13 years, RTC Group's highest Days Sales Outstanding was 56.55. The lowest was 44.88. And the median was 50.89.

LSE:RTC's Days Sales Outstanding is ranked better than
61.93% of 1035 companies
in the Business Services industry
Industry Median: 58.72 vs LSE:RTC: 49.54

RTC Group's Days Sales Outstanding declined from Dec. 2022 (60.04) to Dec. 2023 (49.99).

RTC Group Days Sales Outstanding Historical Data

The historical data trend for RTC 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.

RTC Group Days Sales Outstanding Chart

RTC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.80

50.78

45.67

52.28

44.88

RTC Group Semi-Annual Data
	Jun14	Dec14	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															60.35	61.38	60.04	54.07	49.99

Competitive Comparison of RTC Group's Days Sales Outstanding

For the Staffing & Employment Services subindustry, RTC 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.

RTC Group's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, RTC Group's Days Sales Outstanding distribution charts can be found below:

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

RTC 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.

RTC 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
=	( (11.065	+	13.225)	/	2 )	/	98.781	*	365
=	12.145					/	98.781	*	365
=	44.88

RTC 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
=	( (15.932	+	13.225)	/	2 )	/	53.22	*	365 / 2
=	14.5785					/	53.22	*	365 / 2
=	49.99

RTC Group (LSE:RTC) Days Sales Outstanding Explanation

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

RTC Group Days Sales Outstanding Related Terms

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RTC Group (LSE:RTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RTC Group PLC (LSE:RTC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

London Road, The Derby Conference Centre, Derby, GBR, DE24 8UX

Website

https://www.rtcgroupplc.co.uk

RTC Group PLC is engaged in the engineering and technical recruitment business that provides temporary and permanent labor to a broad range of industries and customers in both domestic and international markets. It focuses on white and blue-collar recruitment providing temporary, permanent, and contingent staff to a range of industries and clients in both domestic and international markets. The company's operating segments include UK Recruitment, UK Central Services, and International Recruitment. The majority of its revenues are generated from the UK Recruitment segment.