Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Days Sales Outstanding : 55.39 (As of Dec. 2023)

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What is Ras Al Khaimah Co for White Cementnstruction Materials Days Sales Outstanding?

Ras Al Khaimah Co for White Cementnstruction Materials's average Accounts Receivable for the three months ended in Dec. 2023 was د.إ41.2 Mil. Ras Al Khaimah Co for White Cementnstruction Materials's Revenue for the three months ended in Dec. 2023 was د.إ67.9 Mil. Hence, Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.39.

The historical rank and industry rank for Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding or its related term are showing as below:

ADX:RAKWCT's Days Sales Outstanding is not ranked ^*
in the Building Materials industry.
Industry Median: 55.46
* Ranked among companies with meaningful Days Sales Outstanding only.

Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding declined from Dec. 2022 (56.99) to Dec. 2023 (55.39).

Ras Al Khaimah Co for White Cementnstruction Materials Days Sales Outstanding Historical Data

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials Days Sales Outstanding Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.90

90.01

79.59

62.63

60.97

Ras Al Khaimah Co for White Cementnstruction Materials 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															56.99	66.86	73.22	67.72	55.39

Competitive Comparison of Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding

For the Building Materials subindustry, Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ras Al Khaimah Co for White Cementnstruction Materials's Days Sales Outstanding falls into.

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Ras Al Khaimah Co for White Cementnstruction Materials 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.

Ras Al Khaimah Co for White Cementnstruction Materials'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
=	( (43.836	+	41.651)	/	2 )	/	255.898	*	365
=	42.7435					/	255.898	*	365
=	60.97

Ras Al Khaimah Co for White Cementnstruction Materials'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
=	( (40.765	+	41.651)	/	2 )	/	67.892	*	365 / 4
=	41.208					/	67.892	*	365 / 4
=	55.39

Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Days Sales Outstanding Explanation

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

Ras Al Khaimah Co for White Cementnstruction Materials Days Sales Outstanding Related Terms

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Ras Al Khaimah Co for White Cementnstruction Materials Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ras Al Khaimah Co for White Cement & Construction Materials (ADX:RAKWCT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 1492, Ras Al Khaimah, ARE

Website

https://www.rakwhitecement.ae

Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment which generates the majority of the company's revenue. represents the manufacture and distribution of cement products, concrete blocks, and interlock tiles. The investment segment consists of investments in marketable equity securities and deposits with banks. Geographically, the company derives its key revenue from India and the rest from Jordan, Yemen, United Arab Emirates, and other countries.

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