Apex Investment PSC (ADX:APEX) Days Sales Outstanding : 121.53 (As of Sep. 2021)

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What is Apex Investment PSC Days Sales Outstanding?

Apex Investment PSC's average Accounts Receivable for the three months ended in Sep. 2021 was د.إ61.0 Mil. Apex Investment PSC's Revenue for the three months ended in Sep. 2021 was د.إ45.8 Mil. Hence, Apex Investment PSC's Days Sales Outstanding for the three months ended in Sep. 2021 was 121.53.

The historical rank and industry rank for Apex Investment PSC's Days Sales Outstanding or its related term are showing as below:

ADX:APEX's Days Sales Outstanding is not ranked ^*
in the Building Materials industry.
Industry Median: 55.6
* Ranked among companies with meaningful Days Sales Outstanding only.

Apex Investment PSC's Days Sales Outstanding declined from Sep. 2020 (213.45) to Sep. 2021 (121.53).

Apex Investment PSC Days Sales Outstanding Historical Data

The historical data trend for Apex Investment PSC'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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Apex Investment PSC Days Sales Outstanding Chart

Apex Investment PSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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93.97

116.34

120.17

206.67

200.72

Apex Investment PSC Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Days Sales Outstanding	Get a 7-Day Free Trial															213.45	119.72	114.43	200.17	121.53

Competitive Comparison of Apex Investment PSC's Days Sales Outstanding

For the Building Materials subindustry, Apex Investment PSC'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.

Apex Investment PSC's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Apex Investment PSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Apex Investment PSC's Days Sales Outstanding falls into.

Apex Investment PSC 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.

Apex Investment PSC's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (119.264	+	49.096)	/	2 )	/	153.076	*	365
=	84.18					/	153.076	*	365
=	200.72

Apex Investment PSC's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

	Days Sales Outstanding (Q: Sep. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Sep. 2021 ))	/	count )	/	Revenue (A: Sep. 2021 )	*	Days in Period
=	( (60.551	+	61.508)	/	2 )	/	45.825	*	365 / 4
=	61.0295					/	45.825	*	365 / 4
=	121.53

Apex Investment PSC (ADX:APEX) Days Sales Outstanding Explanation

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

Apex Investment PSC Days Sales Outstanding Related Terms

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Apex Investment PSC (ADX:APEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Apex Investment PSC (ADX:APEX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Khor Khwair, P.O.Box : 2499, Ras Al Khaimah, ARE

Website

http://www.rakcc.ae

Apex Investment PSC formerly Ras Al Khaimah Cement Co operates in the cement industry. The company is mainly engaged in the producing and marketing of portland cement. The company caters to both the UAE market and the foreign market.