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Elbit Systems (Elbit Systems) Days Sales Outstanding

: 97.14 (As of Dec. 2023)
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Elbit Systems's average Accounts Receivable for the three months ended in Dec. 2023 was $1,731 Mil. Elbit Systems's Revenue for the three months ended in Dec. 2023 was $1,626 Mil. Hence, Elbit Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 97.14.

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

ESLT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.47   Med: 75.74   Max: 121.51
Current: 121.51

During the past 13 years, Elbit Systems's highest Days Sales Outstanding was 121.51. The lowest was 53.47. And the median was 75.74.

ESLT's Days Sales Outstanding is ranked worse than
75.42% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs ESLT: 121.51

Elbit Systems's Days Sales Outstanding declined from Dec. 2022 (111.68) to Dec. 2023 (97.14).


Elbit Systems Days Sales Outstanding Historical Data

The historical data trend for Elbit Systems'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.

Elbit Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 80.90 86.96 81.58 71.24 53.47

Elbit Systems 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 111.68 121.54 172.60 166.08 97.14

Competitive Comparison

For the Aerospace & Defense subindustry, Elbit Systems'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.


Elbit Systems Days Sales Outstanding Distribution

For the Aerospace & Defense industry and Industrials sector, Elbit Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Elbit Systems's Days Sales Outstanding falls into.



Elbit Systems 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.

Elbit Systems'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
=( (983.291 + 767.089) / 2 ) / 5974.744*365
=875.19 / 5974.744*365
=53.47

Elbit Systems'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
=( (2694.533 + 767.089) / 2 ) / 1625.794*365 / 4
=1730.811 / 1625.794*365 / 4
=97.14

* 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.


Elbit Systems  (NAS:ESLT) Days Sales Outstanding Explanation

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


Elbit Systems Days Sales Outstanding Related Terms

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Elbit Systems (Elbit Systems) Business Description

Traded in Other Exchanges
Address
Advanced Technology Center, P.O. Box 539, Haifa, ISR, 3100401
Elbit Systems Ltd is a technology company involved in producing a portfolio of systems and products for aircraft, land, and naval applications. The company's products are used for defense, homeland security, and commercial flight capabilities. Its systems and solutions may be installed on new platforms, or it may perform a comprehensive modernization program to transform a platform. Elbit Systems gives instructions to its customers on the proper maintenance of its products and will provide support team specialists when the customer cannot fix a problem. The company markets its systems and products as a prime contractor or as a subcontractor to government, defense, and homeland security contractors world wide.