Eshraq Investments PJSC (ADX:ESHRAQ) Days Sales Outstanding : 754.31 (As of Mar. 2024)

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What is Eshraq Investments PJSC Days Sales Outstanding?

Eshraq Investments PJSC's average Accounts Receivable for the three months ended in Mar. 2024 was د.إ33.48 Mil. Eshraq Investments PJSC's Revenue for the three months ended in Mar. 2024 was د.إ4.05 Mil. Hence, Eshraq Investments PJSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 754.31.

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

ADX:ESHRAQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.44 Med: 106.44 Max: 311
Current: 311

During the past 8 years, Eshraq Investments PJSC's highest Days Sales Outstanding was 311.00. The lowest was 9.44. And the median was 106.44.

ADX:ESHRAQ's Days Sales Outstanding is ranked worse than
93.04% of 1667 companies
in the Real Estate industry
Industry Median: 36.58 vs ADX:ESHRAQ: 311.00

Eshraq Investments PJSC's Days Sales Outstanding increased from Mar. 2023 (71.29) to Mar. 2024 (754.31).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Eshraq Investments PJSC Days Sales Outstanding Historical Data

The historical data trend for Eshraq Investments PJSC'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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Eshraq Investments PJSC Days Sales Outstanding Chart

Eshraq Investments PJSC Annual Data

Trend

Dec12

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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12.26

9.44

132.60

121.29

234.21

Eshraq Investments PJSC 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															71.29	177.66	172.22	376.36	754.31

Competitive Comparison of Eshraq Investments PJSC's Days Sales Outstanding

For the Real Estate Services subindustry, Eshraq Investments PJSC'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.

Eshraq Investments PJSC's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eshraq Investments PJSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Eshraq Investments PJSC's Days Sales Outstanding falls into.

Eshraq Investments PJSC 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.

Eshraq Investments PJSC'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
=	( (8.559	+	32.01)	/	2 )	/	31.612	*	365
=	20.2845					/	31.612	*	365
=	234.21

Eshraq Investments PJSC'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
=	( (32.01	+	34.948)	/	2 )	/	4.05	*	365 / 4
=	33.479					/	4.05	*	365 / 4
=	754.31

Eshraq Investments PJSC (ADX:ESHRAQ) Days Sales Outstanding Explanation

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

Eshraq Investments PJSC Days Sales Outstanding Related Terms

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Eshraq Investments PJSC (ADX:ESHRAQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Eshraq Investments PJSC (ADX:ESHRAQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ras Mughayrej Street, Reem Island, P.O Box: 1087, Units 3 and 4, Ground Floor, Marina Rise Tower, Sector RT2, Abu Dhabi, ARE

Website

https://www.eshraquae.com

Eshraq Investments PJSC is a public shareholding company with a portfolio of residential, commercial, and tourism developments. It is engaged in the real estate business which includes development, sales, investment, construction, and associated services. It operates in five segments: Property development, Investment properties, Hospitality & leisure, Investment & asset management, and Holding.

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