Soltec Power Holdings (XMAD:SOL) Days Sales Outstanding : 177.89 (As of Jun. 2023)

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What is Soltec Power Holdings Days Sales Outstanding?

Soltec Power Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was €179.9 Mil. Soltec Power Holdings's Revenue for the six months ended in Jun. 2023 was €184.5 Mil. Hence, Soltec Power Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 177.89.

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

XMAD:SOL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 107.67 Med: 117.69 Max: 140.59
Current: 119.06

During the past 4 years, Soltec Power Holdings's highest Days Sales Outstanding was 140.59. The lowest was 107.67. And the median was 117.69.

XMAD:SOL's Days Sales Outstanding is ranked worse than
87.27% of 982 companies
in the Semiconductors industry
Industry Median: 62.23 vs XMAD:SOL: 119.06

Soltec Power Holdings's Days Sales Outstanding increased from Jun. 2022 (109.03) to Jun. 2023 (177.89).

Soltec Power Holdings Days Sales Outstanding Historical Data

The historical data trend for Soltec Power Holdings'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.

Soltec Power Holdings Days Sales Outstanding Chart

Soltec Power Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

120.23

140.59

115.14

107.67

Soltec Power Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial			144.36	80.30	109.03	89.71	177.89

Competitive Comparison of Soltec Power Holdings's Days Sales Outstanding

For the Solar subindustry, Soltec Power Holdings'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.

Soltec Power Holdings's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Soltec Power Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Soltec Power Holdings's Days Sales Outstanding falls into.

Soltec Power Holdings 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.

Soltec Power Holdings'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
=	( (154.611	+	180.618)	/	2 )	/	568.196	*	365
=	167.6145					/	568.196	*	365
=	107.67

Soltec Power Holdings'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: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (180.618	+	179.094)	/	2 )	/	184.513	*	365 / 2
=	179.856					/	184.513	*	365 / 2
=	177.89

Soltec Power Holdings (XMAD:SOL) Days Sales Outstanding Explanation

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

Soltec Power Holdings Days Sales Outstanding Related Terms

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Soltec Power Holdings (XMAD:SOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Soltec Power Holdings SA (XMAD:SOL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0AC5:UK 5PZ:Germany

Address

Gabriel Campillo Street, Poligono Industrial la Serreta s/n, Molina de Segura, Murcia, ESP, 30500

Website

http://www.soltecpowerholdings.com

Soltec Power Holdings SA is specialized in providing integrated solutions in solar PV energy. The company designs, manufactures and installs solar tracking systems and develops solar power projects. Its business is divided into industrial (trackers and construction services) business line, which is also referred to as Soltec Industrial, and project development business line, which is also referred to as Powertis. It offers a portfolio of solar trackers, including the SF8 and SF7 single-axis trackers, the SF8 and SF7 bi-facial trackers and the SF7 Tandem.