Saudi Steel Pipe Co (SAU:1320) Days Sales Outstanding : 23.38 (As of Mar. 2024)

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What is Saudi Steel Pipe Co Days Sales Outstanding?

Saudi Steel Pipe Co's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼132 Mil. Saudi Steel Pipe Co's Revenue for the three months ended in Mar. 2024 was ﷼515 Mil. Hence, Saudi Steel Pipe Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.38.

The historical rank and industry rank for Saudi Steel Pipe Co's Days Sales Outstanding or its related term are showing as below:

SAU:1320' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.48 Med: 67.11 Max: 144.06
Current: 38.13

During the past 13 years, Saudi Steel Pipe Co's highest Days Sales Outstanding was 144.06. The lowest was 31.48. And the median was 67.11.

SAU:1320's Days Sales Outstanding is ranked better than
62.75% of 596 companies
in the Steel industry
Industry Median: 49.815 vs SAU:1320: 38.13

Saudi Steel Pipe Co's Days Sales Outstanding declined from Mar. 2023 (66.44) to Mar. 2024 (23.38).

Saudi Steel Pipe Co Days Sales Outstanding Historical Data

The historical data trend for Saudi Steel Pipe Co'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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Saudi Steel Pipe Co Days Sales Outstanding Chart

Saudi Steel Pipe Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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90.43

144.06

138.14

60.09

31.48

Saudi Steel Pipe Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															66.44	53.69	69.94	28.48	23.38

Competitive Comparison of Saudi Steel Pipe Co's Days Sales Outstanding

For the Steel subindustry, Saudi Steel Pipe Co'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.

Saudi Steel Pipe Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Saudi Steel Pipe Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Saudi Steel Pipe Co's Days Sales Outstanding falls into.

Saudi Steel Pipe Co 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.

Saudi Steel Pipe Co'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
=	( (114.731	+	115.486)	/	2 )	/	1334.708	*	365
=	115.1085					/	1334.708	*	365
=	31.48

Saudi Steel Pipe Co'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
=	( (115.486	+	148.357)	/	2 )	/	514.939	*	365 / 4
=	131.9215					/	514.939	*	365 / 4
=	23.38

Saudi Steel Pipe Co (SAU:1320) Days Sales Outstanding Explanation

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

Saudi Steel Pipe Co Days Sales Outstanding Related Terms

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Saudi Steel Pipe Co (SAU:1320) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Saudi Steel Pipe Co (SAU:1320) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O.Box 11680, Dammam, SAU, 31326

Website

https://www.sspipe.com

Saudi Steel Pipe Co is a Saudi Arabian company engaged in the manufacturing of steel pipes. The group operates in two segments, being the Process equipment segment which includes the design, manufacture, assemble, maintain, and market of heavy process equipment for the utilization of oil and gas, power generation, desalination, mining, solar energy, and off-shore plants, and Steel pipes segment which provides galvanized and non-galvanized steel pipes, square and rectangular pipes used in petroleum, gas, water, and construction sectors. It derives the majority of its revenue from the Steel pipes segment. The company has a market presence with the majority of the revenue generated from Saudi Arabia.

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