Ginegar Plastic Products (XTAE:GNGR) Days Sales Outstanding : 110.97 (As of Dec. 2023)

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What is Ginegar Plastic Products Days Sales Outstanding?

Ginegar Plastic Products's average Accounts Receivable for the three months ended in Dec. 2023 was ₪170.1 Mil. Ginegar Plastic Products's Revenue for the three months ended in Dec. 2023 was ₪139.9 Mil. Hence, Ginegar Plastic Products's Days Sales Outstanding for the three months ended in Dec. 2023 was 110.97.

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

XTAE:GNGR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 98.41 Med: 125.39 Max: 136.35
Current: 98.41

During the past 11 years, Ginegar Plastic Products's highest Days Sales Outstanding was 136.35. The lowest was 98.41. And the median was 125.39.

XTAE:GNGR's Days Sales Outstanding is ranked worse than
81.38% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.18 vs XTAE:GNGR: 98.41

Ginegar Plastic Products's Days Sales Outstanding declined from Dec. 2022 (142.14) to Dec. 2023 (110.97).

Ginegar Plastic Products Days Sales Outstanding Historical Data

The historical data trend for Ginegar Plastic Products'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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Ginegar Plastic Products Days Sales Outstanding Chart

Ginegar Plastic Products Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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123.55

111.62

102.14

105.04

105.06

Ginegar Plastic Products 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															142.14	114.19	80.96	86.81	110.97

Competitive Comparison of Ginegar Plastic Products's Days Sales Outstanding

For the Textile Manufacturing subindustry, Ginegar Plastic Products'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.

Ginegar Plastic Products's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ginegar Plastic Products's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ginegar Plastic Products's Days Sales Outstanding falls into.

Ginegar Plastic Products 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.

Ginegar Plastic Products'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
=	( (177.329	+	166.322)	/	2 )	/	596.946	*	365
=	171.8255					/	596.946	*	365
=	105.06

Ginegar Plastic Products'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
=	( (173.842	+	166.322)	/	2 )	/	139.86	*	365 / 4
=	170.082					/	139.86	*	365 / 4
=	110.97

Ginegar Plastic Products (XTAE:GNGR) Days Sales Outstanding Explanation

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

Ginegar Plastic Products Days Sales Outstanding Related Terms

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Ginegar Plastic Products (XTAE:GNGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ginegar Plastic Products Ltd (XTAE:GNGR) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Kibbutz Ginegar, Ginegar, ISR, 30053

Website

http://www.ginegar.com

Ginegar Plastic Products Ltd is a manufacturer of smart covers solutions for agriculture and horticulture applications. It develops and produces greenhouses cover films and mulch films for open field cultivation. The company's products include Sun Selector, Mulch More, Ozgard, Superseal and five Layer Technology.

Ginegar Plastic Products (XTAE:GNGR) Headlines

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