Thevola Group (SAU:2050) Days Sales Outstanding : 24.97 (As of Mar. 2024)

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What is Thevola Group Days Sales Outstanding?

Thevola Group's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼2,130 Mil. Thevola Group's Revenue for the three months ended in Mar. 2024 was ﷼7,782 Mil. Hence, Thevola Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.97.

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

SAU:2050' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.29 Med: 18.2 Max: 27.97
Current: 27.97

During the past 13 years, Thevola Group's highest Days Sales Outstanding was 27.97. The lowest was 13.29. And the median was 18.20.

SAU:2050's Days Sales Outstanding is ranked better than
67.61% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SAU:2050: 27.97

Thevola Group's Days Sales Outstanding increased from Mar. 2023 (22.17) to Mar. 2024 (24.97).

Thevola Group Days Sales Outstanding Historical Data

The historical data trend for Thevola Group'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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Thevola Group Days Sales Outstanding Chart

Thevola Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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19.30

19.95

20.63

21.24

23.21

Thevola Group 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															22.17	30.83	27.76	25.31	24.97

Competitive Comparison of Thevola Group's Days Sales Outstanding

For the Packaged Foods subindustry, Thevola Group'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.

Thevola Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Thevola Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Thevola Group's Days Sales Outstanding falls into.

Thevola Group 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.

Thevola Group'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
=	( (1658.393	+	1752.95)	/	2 )	/	26818.317	*	365
=	1705.6715					/	26818.317	*	365
=	23.21

Thevola Group'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
=	( (1752.95	+	2506.534)	/	2 )	/	7781.87	*	365 / 4
=	2129.742					/	7781.87	*	365 / 4
=	24.97

Thevola Group (SAU:2050) Days Sales Outstanding Explanation

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

Thevola Group Days Sales Outstanding Related Terms

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Thevola Group (SAU:2050) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Savola Group (SAU:2050) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Prince Faisal Bin Fahad Street, Savola Tower, The Headquarter Business Park, Ashati District, 2444 Taha Khusaifan-Ashati, Unit Number 15, Jeddah, SAU, 23511-7333

Website

https://www.savola.com

The Savola Group is a strategic investment holding company. It is focused on the food and retail sectors, with operations in the Middle East, Turkey and other regions. It is organized into the following operating segments namely Foods processing, Retail, Food Services, Frozen food and Investment. The group derives majority of revenue from the Foods processing segment which consists of includes manufacturing, sale and distribution of Edible oils, Sugar, Pasta, Spices, Nuts, Pulses and other food products.

Thevola Group (SAU:2050) Headlines

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