Ituran Location and Control (Ituran Location and Control) Days Sales Outstanding

: 53.28 (As of Dec. 2023)

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Ituran Location and Control's average Accounts Receivable for the three months ended in Dec. 2023 was $45.4 Mil. Ituran Location and Control's Revenue for the three months ended in Dec. 2023 was $77.8 Mil. Hence, Ituran Location and Control's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.28.

The historical rank and industry rank for Ituran Location and Control's Days Sales Outstanding or its related term are showing as below:

ITRN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.02 Med: 57.44 Max: 68.63
Current: 53.06

During the past 13 years, Ituran Location and Control's highest Days Sales Outstanding was 68.63. The lowest was 52.02. And the median was 57.44.

ITRN's Days Sales Outstanding is ranked better than
74.99% of 2455 companies
in the Hardware industry
Industry Median: 75.24 vs ITRN: 53.06

Ituran Location and Control's Days Sales Outstanding declined from Dec. 2022 (55.02) to Dec. 2023 (53.28).

Ituran Location and Control Days Sales Outstanding Historical Data

The historical data trend for Ituran Location and Control'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.

Ituran Location and Control Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

64.91

62.73

56.09

55.88

52.02

Ituran Location and Control 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																55.02	53.86	53.59	52.57	53.28

Competitive Comparison

For the Communication Equipment subindustry, Ituran Location and Control'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.

Ituran Location and Control Days Sales Outstanding Distribution

For the Hardware industry and Technology sector, Ituran Location and Control's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Days Sales Outstanding falls into.

Ituran Location and Control 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.

Ituran Location and Control'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
=	( (45.821	+	45.39)	/	2 )	/	319.978	*	365
=	45.6055					/	319.978	*	365
=	52.02

Ituran Location and Control'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
=	( (45.481	+	45.39)	/	2 )	/	77.808	*	365 / 4
=	45.4355					/	77.808	*	365 / 4
=	53.28

Ituran Location and Control (NAS:ITRN) Days Sales Outstanding Explanation

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

Ituran Location and Control Days Sales Outstanding Related Terms

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Ituran Location and Control (Ituran Location and Control) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ituran Location and Control Ltd (NAS:ITRN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Hashikma Street, Azour, ISR, 5800182

Website

https://www.ituran.com

Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.