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Grupul Industrial Electrocontact (BSE:ECT) Days Sales Outstanding : 363.22 (As of Jun. 2023)


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What is Grupul Industrial Electrocontact Days Sales Outstanding?

Grupul Industrial Electrocontact's average Accounts Receivable for the six months ended in Jun. 2023 was lei0.41 Mil. Grupul Industrial Electrocontact's Revenue for the six months ended in Jun. 2023 was lei0.21 Mil. Hence, Grupul Industrial Electrocontact's Days Sales Outstanding for the six months ended in Jun. 2023 was 363.22.

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

BSE:ECT's Days Sales Outstanding is not ranked *
in the Industrial Products industry.
Industry Median: 79.31
* Ranked among companies with meaningful Days Sales Outstanding only.

Grupul Industrial Electrocontact's Days Sales Outstanding declined from Jun. 2022 (423.98) to Jun. 2023 (363.22).


Grupul Industrial Electrocontact Days Sales Outstanding Historical Data

The historical data trend for Grupul Industrial Electrocontact'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.

Grupul Industrial Electrocontact Days Sales Outstanding Chart

Grupul Industrial Electrocontact Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.27 651.69 386.66 243.78 250.45

Grupul Industrial Electrocontact Semi-Annual Data
Dec11 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jun18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial 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 340.34 184.54 423.98 177.49 363.22

Competitive Comparison of Grupul Industrial Electrocontact's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Grupul Industrial Electrocontact'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.


Grupul Industrial Electrocontact's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Grupul Industrial Electrocontact's Days Sales Outstanding falls into.



Grupul Industrial Electrocontact 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.

Grupul Industrial Electrocontact'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
=( (0.378 + 0.396) / 2 ) / 0.564*365
=0.387 / 0.564*365
=250.45

Grupul Industrial Electrocontact'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
=( (0.396 + 0.42) / 2 ) / 0.205*365 / 2
=0.408 / 0.205*365 / 2
=363.22

* 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.


Grupul Industrial Electrocontact  (BSE:ECT) Days Sales Outstanding Explanation

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


Grupul Industrial Electrocontact Days Sales Outstanding Related Terms

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Grupul Industrial Electrocontact Business Description

Traded in Other Exchanges
N/A
Address
Calea Nationala nr. 6, Botosani, ROU, 710010
Grupul Industrial Electrocontact SA provides solutions for equipment related to control and distribution for home and industrial use. Some of its products are electric explosion-proof equipment, proximity inductive & optoelectronic switches & junction.

Grupul Industrial Electrocontact Headlines

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