Consolidated Outstanding 60/90 Day Debt Percentage

Our data shows that the Consolidated 60/90 debt percentage for the first four months of 2018 is slightly higher than the first six months of the 2017/2018 financial year. It will be interesting to see if this trend continues.

 

Consolidated DSO Result

Days Sales Outstanding (DSO) represents the average number of days it takes credit sales to be converted into cash, or when a company’s account receivables can be collected. DSO can be calculated by dividing the total accounts receivable during a certain period of time by the total net credit sales.

BICB Consolidated DSO (Based on June, July, August data) = 63.48

 

ASIC
Insolvency Statistics
Avg Last
3yrs
Mar Qtr
2017
Jun Qtr
2017
Sep Qtr
2017
Dec Qtr
2017
Total
2017
+ or –
3 Yr Avg
Provisional wind-up 1 0 0 0 0 0 -1
Court wind-up 445 95 55 107 88 345 -100
Creditors wind-up 813 198 140 208 168 714 -99
Receiver appointed 8 0 0 2 0 2 -6
Controller (except receiver or managing controller) 12 1 2 6 2 11 -1
Managing controller (except receiver & manager) 1 1 0 0 0 1 0
Receiver manager appointed 40 6 5 4 3 18 -22
Scheme administrator appointed 0 0 0 0 0 0 0
Voluntary Administration 203 54 25 60 42 181 -22
Foreign/RAB wind-up 0 0 0 0 0 0 0
Total 1523 355 227 387 303 1272 -251
Avg per QTR 381
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