Ready Mix Concrete and Construction Supplies (AMM:RMCC) Days Sales Outstanding : 51.31 (As of Mar. 2024)

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What is Ready Mix Concrete and Construction Supplies Days Sales Outstanding?

Ready Mix Concrete and Construction Supplies's average Accounts Receivable for the three months ended in Mar. 2024 was JOD6.60 Mil. Ready Mix Concrete and Construction Supplies's Revenue for the three months ended in Mar. 2024 was JOD11.73 Mil. Hence, Ready Mix Concrete and Construction Supplies's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.31.

The historical rank and industry rank for Ready Mix Concrete and Construction Supplies's Days Sales Outstanding or its related term are showing as below:

AMM:RMCC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.41 Med: 69.79 Max: 135.98
Current: 53.29

During the past 13 years, Ready Mix Concrete and Construction Supplies's highest Days Sales Outstanding was 135.98. The lowest was 42.41. And the median was 69.79.

AMM:RMCC's Days Sales Outstanding is ranked better than
51.83% of 382 companies
in the Building Materials industry
Industry Median: 54.575 vs AMM:RMCC: 53.29

Ready Mix Concrete and Construction Supplies's Days Sales Outstanding declined from Mar. 2023 (57.66) to Mar. 2024 (51.31).

Ready Mix Concrete and Construction Supplies Days Sales Outstanding Historical Data

The historical data trend for Ready Mix Concrete and Construction Supplies'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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Ready Mix Concrete and Construction Supplies Days Sales Outstanding Chart

Ready Mix Concrete and Construction Supplies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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102.63

135.98

51.54

46.88

42.41

Ready Mix Concrete and Construction Supplies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															57.66	60.83	53.34	51.90	51.31

Competitive Comparison of Ready Mix Concrete and Construction Supplies's Days Sales Outstanding

For the Building Materials subindustry, Ready Mix Concrete and Construction Supplies'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.

Ready Mix Concrete and Construction Supplies's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ready Mix Concrete and Construction Supplies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ready Mix Concrete and Construction Supplies's Days Sales Outstanding falls into.

Ready Mix Concrete and Construction Supplies 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.

Ready Mix Concrete and Construction Supplies'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
=	( (5.784	+	0)	/	1 )	/	49.785	*	365
=	5.784					/	49.785	*	365
=	42.41

Ready Mix Concrete and Construction Supplies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0	+	6.597)	/	1 )	/	11.732	*	365 / 4
=	6.597					/	11.732	*	365 / 4
=	51.31

Ready Mix Concrete and Construction Supplies (AMM:RMCC) Days Sales Outstanding Explanation

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

Ready Mix Concrete and Construction Supplies Days Sales Outstanding Related Terms

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Ready Mix Concrete and Construction Supplies (AMM:RMCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ready Mix Concrete and Construction Supplies (AMM:RMCC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 851602, Amman, JOR, 11185

Website

https://www.kingdomconcrete.jo

Ready Mix Concrete and Construction Supplies are engaged in supplying of ready-mix concrete to the construction industry. The company's project profile includes Hyatt, Sheraton, Holiday Inn, Queen Rania Al Abdullah Hospital for Children, Karak Bridge, Residential Buildings, and others.

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