Arad Investment & Industrial Development (XTAE:ARAD) Days Sales Outstanding : 141.89 (As of Dec. 2023)

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What is Arad Investment & Industrial Development Days Sales Outstanding?

Arad Investment & Industrial Development's average Accounts Receivable for the three months ended in Dec. 2023 was ₪765 Mil. Arad Investment & Industrial Development's Revenue for the three months ended in Dec. 2023 was ₪492 Mil. Hence, Arad Investment & Industrial Development's Days Sales Outstanding for the three months ended in Dec. 2023 was 141.89.

The historical rank and industry rank for Arad Investment & Industrial Development's Days Sales Outstanding or its related term are showing as below:

XTAE:ARAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 86.9 Med: 93.61 Max: 103.56
Current: 93.78

During the past 9 years, Arad Investment & Industrial Development's highest Days Sales Outstanding was 103.56. The lowest was 86.90. And the median was 93.61.

XTAE:ARAD's Days Sales Outstanding is ranked worse than
61.28% of 2957 companies
in the Industrial Products industry
Industry Median: 79.65 vs XTAE:ARAD: 93.78

Arad Investment & Industrial Development's Days Sales Outstanding declined from Dec. 2022 (218.21) to Dec. 2023 (141.89).

Arad Investment & Industrial Development Days Sales Outstanding Historical Data

The historical data trend for Arad Investment & Industrial Development'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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Arad Investment & Industrial Development Days Sales Outstanding Chart

Arad Investment & Industrial Development Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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95.83

86.90

103.56

88.74

87.16

Arad Investment & Industrial Development Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															218.21	81.14	88.90	89.18	141.89

Competitive Comparison of Arad Investment & Industrial Development's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Arad Investment & Industrial Development'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.

Arad Investment & Industrial Development's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Arad Investment & Industrial Development's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arad Investment & Industrial Development's Days Sales Outstanding falls into.

Arad Investment & Industrial Development 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.

Arad Investment & Industrial Development'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
=	( (705.557	+	741.117)	/	2 )	/	3028.947	*	365
=	723.337					/	3028.947	*	365
=	87.16

Arad Investment & Industrial Development'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (788.272	+	741.117)	/	2 )	/	491.784	*	365 / 4
=	764.6945					/	491.784	*	365 / 4
=	141.89

Arad Investment & Industrial Development (XTAE:ARAD) Days Sales Outstanding Explanation

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

Arad Investment & Industrial Development Days Sales Outstanding Related Terms

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Arad Investment & Industrial Development (XTAE:ARAD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Arad Investment & Industrial Development Ltd (XTAE:ARAD) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Beit Isras, 3 Har Sini Street, Tel-Aviv, ISR, 65816

Website

http://www.arad.co.il

Arad Investment & Industrial Develop Ltd is a holding company that invests in three core activities: real estate, information technology and construction materials.

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