Al Ansari Financial Services (DFM:ALANSARI) Days Sales Outstanding : 7.56 (As of Mar. 2024)

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What is Al Ansari Financial Services Days Sales Outstanding?

Al Ansari Financial Services's average Accounts Receivable for the three months ended in Mar. 2024 was د.إ23 Mil. Al Ansari Financial Services's Revenue for the three months ended in Mar. 2024 was د.إ275 Mil. Hence, Al Ansari Financial Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 7.56.

The historical rank and industry rank for Al Ansari Financial Services's Days Sales Outstanding or its related term are showing as below:

DFM:ALANSARI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.05 Med: 0.07 Max: 4.64
Current: 3.72

During the past 5 years, Al Ansari Financial Services's highest Days Sales Outstanding was 4.64. The lowest was 0.05. And the median was 0.07.

DFM:ALANSARI's Days Sales Outstanding is ranked better than
90.2% of 561 companies
in the Capital Markets industry
Industry Median: 62.37 vs DFM:ALANSARI: 3.72

Al Ansari Financial Services's Days Sales Outstanding increased from Mar. 2023 (0.04) to Mar. 2024 (7.56).

Al Ansari Financial Services Days Sales Outstanding Historical Data

The historical data trend for Al Ansari Financial Services'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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Al Ansari Financial Services Days Sales Outstanding Chart

Al Ansari Financial Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

0.07

0.05

4.64

Al Ansari Financial Services Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial						0.04	0.10	0.08	4.76	7.56

Competitive Comparison of Al Ansari Financial Services's Days Sales Outstanding

For the Capital Markets subindustry, Al Ansari Financial Services'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.

Al Ansari Financial Services's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Al Ansari Financial Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Al Ansari Financial Services's Days Sales Outstanding falls into.

Al Ansari Financial Services 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.

Al Ansari Financial Services'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
=	( (0.132	+	28.943)	/	2 )	/	1142.616	*	365
=	14.5375					/	1142.616	*	365
=	4.64

Al Ansari Financial Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (28.943	+	16.606)	/	2 )	/	274.726	*	365 / 4
=	22.7745					/	274.726	*	365 / 4
=	7.56

Al Ansari Financial Services (DFM:ALANSARI) Days Sales Outstanding Explanation

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

Al Ansari Financial Services Days Sales Outstanding Related Terms

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Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE

Website

https://www.aafs.ae

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

Al Ansari Financial Services (DFM:ALANSARI) Headlines

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