C Mer Industries (XTAE:CMER) Days Sales Outstanding : 127.98 (As of Dec. 2023)

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What is C Mer Industries Days Sales Outstanding?

C Mer Industries's average Accounts Receivable for the three months ended in Dec. 2023 was ₪238.9 Mil. C Mer Industries's Revenue for the three months ended in Dec. 2023 was ₪170.3 Mil. Hence, C Mer Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 127.98.

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

XTAE:CMER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 123.51 Med: 188.39 Max: 229.94
Current: 123.51

During the past 11 years, C Mer Industries's highest Days Sales Outstanding was 229.94. The lowest was 123.51. And the median was 188.39.

XTAE:CMER's Days Sales Outstanding is ranked worse than
81.94% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs XTAE:CMER: 123.51

C Mer Industries's Days Sales Outstanding increased from Dec. 2022 (117.47) to Dec. 2023 (127.98).

C Mer Industries Days Sales Outstanding Historical Data

The historical data trend for C Mer Industries'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.

C Mer Industries Days Sales Outstanding Chart

C Mer Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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229.94

203.53

163.07

141.92

124.93

C Mer Industries 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															117.47	121.09	119.02	123.93	127.98

Competitive Comparison of C Mer Industries's Days Sales Outstanding

For the Communication Equipment subindustry, C Mer Industries'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.

C Mer Industries's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, C Mer Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where C Mer Industries's Days Sales Outstanding falls into.

C Mer Industries 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.

C Mer Industries'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
=	( (211.501	+	230.801)	/	2 )	/	646.147	*	365
=	221.151					/	646.147	*	365
=	124.93

C Mer Industries'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
=	( (246.984	+	230.801)	/	2 )	/	170.331	*	365 / 4
=	238.8925					/	170.331	*	365 / 4
=	127.98

C Mer Industries (XTAE:CMER) Days Sales Outstanding Explanation

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

C Mer Industries Days Sales Outstanding Related Terms

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C Mer Industries (XTAE:CMER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » C Mer Industries Ltd (XTAE:CMER) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Hatzoref Street, Holon, ISR, 5885633

Website

http://www.mer-group.com

C Mer Industries Ltd offers a diverse portfolio of technology-based solutions and end-to-end services that include consultancy, development, engineering, and manufacturing, as well as integration and implementation. Its solutions and products include Communications Infrastructure, Safe and Smart City, Homeland Security, Emergency Response Management and Mobile Platforms among others.

C Mer Industries (XTAE:CMER) Headlines

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