Orbit Technologies (XTAE:ORBI) Days Sales Outstanding : 69.45 (As of Jun. 2023)

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What is Orbit Technologies Days Sales Outstanding?

Orbit Technologies's average Accounts Receivable for the three months ended in Jun. 2023 was ₪43.5 Mil. Orbit Technologies's Revenue for the three months ended in Jun. 2023 was ₪57.1 Mil. Hence, Orbit Technologies's Days Sales Outstanding for the three months ended in Jun. 2023 was 69.45.

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

XTAE:ORBI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.04 Med: 82.7 Max: 147.83
Current: 147.83

During the past 7 years, Orbit Technologies's highest Days Sales Outstanding was 147.83. The lowest was 69.04. And the median was 82.70.

XTAE:ORBI's Days Sales Outstanding is ranked worse than
79.26% of 299 companies
in the Aerospace & Defense industry
Industry Median: 63.18 vs XTAE:ORBI: 147.83

Orbit Technologies's Days Sales Outstanding declined from Mar. 2022 (78.16) to Jun. 2023 (69.45).

Orbit Technologies Days Sales Outstanding Historical Data

The historical data trend for Orbit Technologies'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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Orbit Technologies Days Sales Outstanding Chart

Orbit Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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87.43

80.27

85.13

71.34

69.04

Orbit Technologies Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial						78.16	-	-	73.62	69.45

Competitive Comparison of Orbit Technologies's Days Sales Outstanding

For the Aerospace & Defense subindustry, Orbit Technologies'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.

Orbit Technologies's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Orbit Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Orbit Technologies's Days Sales Outstanding falls into.

Orbit Technologies 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.

Orbit Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (39.461	+	42.803)	/	2 )	/	217.446	*	365
=	41.132					/	217.446	*	365
=	69.04

Orbit Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (37.338	+	49.628)	/	2 )	/	57.135	*	365 / 4
=	43.483					/	57.135	*	365 / 4
=	69.45

Orbit Technologies (XTAE:ORBI) Days Sales Outstanding Explanation

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

Orbit Technologies Days Sales Outstanding Related Terms

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Orbit Technologies (XTAE:ORBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Orbit Technologies Ltd (XTAE:ORBI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608

Website

http://www.orbit-cs.com

Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

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