Arteche Lantegi Elekartea (XMAD:ART) Days Sales Outstanding : 45.30 (As of Dec. 2023)

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What is Arteche Lantegi Elekartea Days Sales Outstanding?

Arteche Lantegi Elekartea's average Accounts Receivable for the six months ended in Dec. 2023 was €52.9 Mil. Arteche Lantegi Elekartea's Revenue for the six months ended in Dec. 2023 was €213.2 Mil. Hence, Arteche Lantegi Elekartea's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.30.

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

XMAD:ART' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.69 Med: 49.18 Max: 69.03
Current: 48.64

During the past 5 years, Arteche Lantegi Elekartea's highest Days Sales Outstanding was 69.03. The lowest was 47.69. And the median was 49.18.

XMAD:ART's Days Sales Outstanding is ranked better than
79.44% of 2461 companies
in the Hardware industry
Industry Median: 74.37 vs XMAD:ART: 48.64

Arteche Lantegi Elekartea's Days Sales Outstanding declined from Dec. 2022 (49.34) to Dec. 2023 (45.30).

Arteche Lantegi Elekartea Days Sales Outstanding Historical Data

The historical data trend for Arteche Lantegi Elekartea'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.

* Premium members only.

Arteche Lantegi Elekartea Days Sales Outstanding Chart

Arteche Lantegi Elekartea Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

69.03

58.38

48.57

49.18

47.69

Arteche Lantegi Elekartea Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				47.71	50.56	49.34	53.46	45.30

Competitive Comparison of Arteche Lantegi Elekartea's Days Sales Outstanding

For the Electronic Components subindustry, Arteche Lantegi Elekartea'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.

Arteche Lantegi Elekartea's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Arteche Lantegi Elekartea's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arteche Lantegi Elekartea's Days Sales Outstanding falls into.

Arteche Lantegi Elekartea 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.

Arteche Lantegi Elekartea'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
=	( (54.586	+	50.26)	/	2 )	/	401.256	*	365
=	52.423					/	401.256	*	365
=	47.69

Arteche Lantegi Elekartea's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (55.58	+	50.26)	/	2 )	/	213.21	*	365 / 2
=	52.92					/	213.21	*	365 / 2
=	45.30

Arteche Lantegi Elekartea (XMAD:ART) Days Sales Outstanding Explanation

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

Arteche Lantegi Elekartea Days Sales Outstanding Related Terms

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Arteche Lantegi Elekartea (XMAD:ART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Arteche Lantegi Elekartea SA (XMAD:ART) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Derio Bidea 28, Bizkaia, Mungia, ESP, 48100

Website

https://www.arteche.com

Arteche Lantegi Elekartea SA is engaged in developing equipment and solutions for the electric power industry. The product portfolio of the company includes High voltage instrument transformers, Digital Instrument Transformers, Trip, supervision, and auxiliary relays, Medium voltage sensors, and Reclosers and switches among others.

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