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Cleanaway Waste Management (ASX:CWY) Days Sales Outstanding : 55.70 (As of Dec. 2023)


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What is Cleanaway Waste Management Days Sales Outstanding?

Cleanaway Waste Management's average Accounts Receivable for the six months ended in Dec. 2023 was A$563 Mil. Cleanaway Waste Management's Revenue for the six months ended in Dec. 2023 was A$1,844 Mil. Hence, Cleanaway Waste Management's Days Sales Outstanding for the six months ended in Dec. 2023 was 55.70.

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

ASX:CWY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.23   Med: 58.17   Max: 65.47
Current: 58.05

During the past 13 years, Cleanaway Waste Management's highest Days Sales Outstanding was 65.47. The lowest was 54.23. And the median was 58.17.

ASX:CWY's Days Sales Outstanding is ranked better than
61.3% of 230 companies
in the Waste Management industry
Industry Median: 71.315 vs ASX:CWY: 58.05

Cleanaway Waste Management's Days Sales Outstanding declined from Dec. 2022 (57.30) to Dec. 2023 (55.70).


Cleanaway Waste Management Days Sales Outstanding Historical Data

The historical data trend for Cleanaway Waste Management'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.

Cleanaway Waste Management Days Sales Outstanding Chart

Cleanaway Waste Management Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.38 57.74 54.98 54.23 54.77

Cleanaway Waste Management 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 54.35 53.57 57.30 58.71 55.70

Competitive Comparison of Cleanaway Waste Management's Days Sales Outstanding

For the Waste Management subindustry, Cleanaway Waste Management'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.


Cleanaway Waste Management's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Cleanaway Waste Management's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cleanaway Waste Management's Days Sales Outstanding falls into.



Cleanaway Waste Management 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.

Cleanaway Waste Management'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
=( (515.7 + 536.8) / 2 ) / 3507.1*365
=526.25 / 3507.1*365
=54.77

Cleanaway Waste Management'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
=( (536.8 + 589.1) / 2 ) / 1844.4*365 / 2
=562.95 / 1844.4*365 / 2
=55.70

* 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.


Cleanaway Waste Management  (ASX:CWY) Days Sales Outstanding Explanation

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


Cleanaway Waste Management Days Sales Outstanding Related Terms

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Cleanaway Waste Management (ASX:CWY) Business Description

Traded in Other Exchanges
Address
441 St Kilda Road, Level 4, Melbourne, VIC, AUS, 3004
Cleanaway Waste Management is Australia's largest waste management business with a national footprint spanning collection, midstream waste processing, treatment, and valorization, and downstream waste disposal. Cleanaway is active in municipal and commercial and industrial, or C&I, waste stream segments and in nonhazardous and hazardous liquid waste and medical waste streams following the acquisition of Toxfree in fiscal 2018. While Cleanaway is allocating greater capital to midstream waste processing and treatment, earnings remain skewed toward waste collection. Cleanaway is particularly strong in C&I and municipal waste collection with strong market share in all large Australian metro waste collection market.

Cleanaway Waste Management (ASX:CWY) Headlines

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