Elspec Engineering (XTAE:ELSPC) Days Sales Outstanding : 67.17 (As of Dec. 2023)

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What is Elspec Engineering Days Sales Outstanding?

Elspec Engineering's average Accounts Receivable for the six months ended in Dec. 2023 was ₪15.99 Mil. Elspec Engineering's Revenue for the six months ended in Dec. 2023 was ₪43.43 Mil. Hence, Elspec Engineering's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.17.

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

XTAE:ELSPC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.53 Med: 67.97 Max: 86.75
Current: 61.05

During the past 11 years, Elspec Engineering's highest Days Sales Outstanding was 86.75. The lowest was 57.53. And the median was 67.97.

XTAE:ELSPC's Days Sales Outstanding is ranked better than
70.18% of 2958 companies
in the Industrial Products industry
Industry Median: 79.93 vs XTAE:ELSPC: 61.05

Elspec Engineering's Days Sales Outstanding declined from Dec. 2022 (76.83) to Dec. 2023 (67.17).

Elspec Engineering Days Sales Outstanding Historical Data

The historical data trend for Elspec Engineering'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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Elspec Engineering Days Sales Outstanding Chart

Elspec Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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79.41

79.63

57.53

61.68

60.42

Elspec Engineering Semi-Annual Data
	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial													61.43	66.58	76.83	55.88	67.17

Competitive Comparison of Elspec Engineering's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Elspec Engineering'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.

Elspec Engineering's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elspec Engineering's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Elspec Engineering's Days Sales Outstanding falls into.

Elspec Engineering 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.

Elspec Engineering'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
=	( (12.884	+	16.709)	/	2 )	/	89.391	*	365
=	14.7965					/	89.391	*	365
=	60.42

Elspec Engineering'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
=	( (15.263	+	16.709)	/	2 )	/	43.432	*	365 / 2
=	15.986					/	43.432	*	365 / 2
=	67.17

Elspec Engineering (XTAE:ELSPC) Days Sales Outstanding Explanation

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

Elspec Engineering Days Sales Outstanding Related Terms

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Elspec Engineering (XTAE:ELSPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Elspec Engineering Ltd (XTAE:ELSPC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 HaShoham Street, Zone 23, Caesarea Industrial Park, P.O. Box 3019, Caesarea, ISR, 38900

Website

http://www.elspec-ltd.com

Elspec Engineering Ltd is a provider of power quality solutions & services. It provides electrical power quality analyzers, real-time power factor correction systems, and energy saving solutions to the industrial, commercial, and utility industries. It has three research and development departments such as software and signal processing engineers, hardware analog, digital and power electricians.

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