Automated Bank Services (Automated Bank Services) Days Sales Outstanding : 70.25 (As of Dec. 2023)

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What is Automated Bank Services Days Sales Outstanding?

Automated Bank Services's average Accounts Receivable for the three months ended in Dec. 2023 was $7.08 Mil. Automated Bank Services's Revenue for the three months ended in Dec. 2023 was $9.20 Mil. Hence, Automated Bank Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.25.

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

ABANF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.2 Med: 70.96 Max: 90.86
Current: 69.3

During the past 11 years, Automated Bank Services's highest Days Sales Outstanding was 90.86. The lowest was 61.20. And the median was 70.96.

ABANF's Days Sales Outstanding is ranked worse than
57.3% of 2721 companies
in the Software industry
Industry Median: 62.03 vs ABANF: 69.30

Automated Bank Services's Days Sales Outstanding increased from Dec. 2022 (68.98) to Dec. 2023 (70.25).

Automated Bank Services Days Sales Outstanding Historical Data

The historical data trend for Automated Bank 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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Automated Bank Services Days Sales Outstanding Chart

Automated Bank Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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84.57

79.54

66.68

68.98

65.49

Automated Bank Services 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															68.98	68.94	71.65	70.07	70.25

Competitive Comparison of Automated Bank Services's Days Sales Outstanding

For the Software - Infrastructure subindustry, Automated Bank 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.

Automated Bank Services's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Automated Bank Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Automated Bank Services's Days Sales Outstanding falls into.

Automated Bank 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.

Automated Bank 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
=	( (5.856	+	7.055)	/	2 )	/	35.98	*	365
=	6.4555					/	35.98	*	365
=	65.49

Automated Bank Services'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
=	( (7.105	+	7.055)	/	2 )	/	9.197	*	365 / 4
=	7.08					/	9.197	*	365 / 4
=	70.25

Automated Bank Services (OTCPK:ABANF) Days Sales Outstanding Explanation

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

Automated Bank Services Days Sales Outstanding Related Terms

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Automated Bank Services (Automated Bank Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Automated Bank Services Ltd (OTCPK:ABANF) » Definitions » Days Sales Outstanding

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SHVA:Israel

Address

26 HaRokmim Street., Tower A, Azrieli Center, Holon, ISR

Website

https://www.shva.co.il

Automated Bank Services Ltd is an Israel-based company involved in providing technological services to the financial system. The company serves as a central junction and a national infrastructure for clearing credit cards. It also works with credit card companies as both a clearing and issuing company.