Adgar Investments & Development (XTAE:ADGR) Days Sales Outstanding : 13.48 (As of Dec. 2023)

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What is Adgar Investments & Development Days Sales Outstanding?

Adgar Investments & Development's average Accounts Receivable for the three months ended in Dec. 2023 was ₪16.6 Mil. Adgar Investments & Development's Revenue for the three months ended in Dec. 2023 was ₪112.3 Mil. Hence, Adgar Investments & Development's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.48.

The historical rank and industry rank for Adgar Investments & Development's Days Sales Outstanding or its related term are showing as below:

XTAE:ADGR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.61 Med: 24.66 Max: 31.11
Current: 16.72

During the past 13 years, Adgar Investments & Development's highest Days Sales Outstanding was 31.11. The lowest was 16.61. And the median was 24.66.

XTAE:ADGR's Days Sales Outstanding is ranked better than
66.97% of 1668 companies
in the Real Estate industry
Industry Median: 36.925 vs XTAE:ADGR: 16.72

Adgar Investments & Development's Days Sales Outstanding declined from Dec. 2022 (19.43) to Dec. 2023 (13.48).

Adgar Investments & Development Days Sales Outstanding Historical Data

The historical data trend for Adgar Investments & Development'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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Adgar Investments & Development Days Sales Outstanding Chart

Adgar Investments & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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23.90

21.20

19.36

18.10

16.61

Adgar Investments & Development 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															19.43	19.52	18.04	17.35	13.48

Competitive Comparison of Adgar Investments & Development's Days Sales Outstanding

For the Real Estate Services subindustry, Adgar Investments & Development'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.

Adgar Investments & Development's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Adgar Investments & Development's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Adgar Investments & Development's Days Sales Outstanding falls into.

Adgar Investments & Development 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.

Adgar Investments & Development'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
=	( (15.211	+	16.702)	/	2 )	/	350.577	*	365
=	15.9565					/	350.577	*	365
=	16.61

Adgar Investments & Development'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
=	( (16.49	+	16.702)	/	2 )	/	112.309	*	365 / 4
=	16.596					/	112.309	*	365 / 4
=	13.48

Adgar Investments & Development (XTAE:ADGR) Days Sales Outstanding Explanation

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

Adgar Investments & Development Days Sales Outstanding Related Terms

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Adgar Investments & Development (XTAE:ADGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Adgar Investments & Development Ltd (XTAE:ADGR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Efal Street, Petach Tikva, ISR, 49511

Website

http://www.adgar.com

Adgar Investments & Development Ltd is a real estate company. It operates in the income-producing real estate market. The company holds investment properties, mainly for use as office premises in Israel and abroad. It also develops and manages construction projects. The company operates in Israel, Canada, Poland, and Belgium.

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