Cementos Argos S.A. (Cementos Argos S.A.) Days Sales Outstanding : 41.12 (As of Sep. 2023)

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What is Cementos Argos S.A. Days Sales Outstanding?

Cementos Argos S.A.'s average Accounts Receivable for the three months ended in Sep. 2023 was $343 Mil. Cementos Argos S.A.'s Revenue for the three months ended in Sep. 2023 was $761 Mil. Hence, Cementos Argos S.A.'s Days Sales Outstanding for the three months ended in Sep. 2023 was 41.12.

The historical rank and industry rank for Cementos Argos S.A.'s Days Sales Outstanding or its related term are showing as below:

CMTOY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.13 Med: 48.24 Max: 58.17
Current: 41.28

During the past 13 years, Cementos Argos S.A.'s highest Days Sales Outstanding was 58.17. The lowest was 38.13. And the median was 48.24.

CMTOY's Days Sales Outstanding is ranked better than
66.58% of 380 companies
in the Building Materials industry
Industry Median: 54.835 vs CMTOY: 41.28

Cementos Argos S.A.'s Days Sales Outstanding declined from Sep. 2022 (45.53) to Sep. 2023 (41.12).

Cementos Argos S.A. Days Sales Outstanding Historical Data

The historical data trend for Cementos Argos S.A.'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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Cementos Argos S.A. Days Sales Outstanding Chart

Cementos Argos S.A. Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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54.03

40.96

39.85

39.95

42.50

Cementos Argos S.A. Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															45.53	42.61	39.93	40.49	41.12

Competitive Comparison of Cementos Argos S.A.'s Days Sales Outstanding

For the Building Materials subindustry, Cementos Argos S.A.'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.

Cementos Argos S.A.'s Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Argos S.A.'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cementos Argos S.A.'s Days Sales Outstanding falls into.

Cementos Argos S.A. 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.

Cementos Argos S.A.'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
=	( (286.779	+	283.782)	/	2 )	/	2449.826	*	365
=	285.2805					/	2449.826	*	365
=	42.50

Cementos Argos S.A.'s Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (338.349	+	347.642)	/	2 )	/	761.215	*	365 / 4
=	342.9955					/	761.215	*	365 / 4
=	41.12

Cementos Argos S.A. (OTCPK:CMTOY) Days Sales Outstanding Explanation

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

Cementos Argos S.A. Days Sales Outstanding Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cementos Argos S.A. (OTCPK:CMTOY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PFCEMARGOS.PFD:Columbia CEMARGOS:Columbia

Address

Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL

Website

https://www.argos.co

Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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