Arabian Cement Co (CAI:ARCC) Days Sales Outstanding : 24.07 (As of Mar. 2024)

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What is Arabian Cement Co Days Sales Outstanding?

Arabian Cement Co's average Accounts Receivable for the three months ended in Mar. 2024 was E£511 Mil. Arabian Cement Co's Revenue for the three months ended in Mar. 2024 was E£1,938 Mil. Hence, Arabian Cement Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.07.

The historical rank and industry rank for Arabian Cement Co's Days Sales Outstanding or its related term are showing as below:

CAI:ARCC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.3 Med: 4.73 Max: 21.75
Current: 21.75

During the past 12 years, Arabian Cement Co's highest Days Sales Outstanding was 21.75. The lowest was 0.30. And the median was 4.73.

CAI:ARCC's Days Sales Outstanding is ranked better than
85.49% of 386 companies
in the Building Materials industry
Industry Median: 55.6 vs CAI:ARCC: 21.75

Arabian Cement Co's Days Sales Outstanding increased from Mar. 2023 (10.55) to Mar. 2024 (24.07).

Arabian Cement Co Days Sales Outstanding Historical Data

The historical data trend for Arabian Cement Co'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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Arabian Cement Co Days Sales Outstanding Chart

Arabian Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.09

4.05

8.78

5.40

9.31

Arabian Cement Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															10.55	20.83	17.04	12.73	24.07

Competitive Comparison of Arabian Cement Co's Days Sales Outstanding

For the Building Materials subindustry, Arabian Cement Co'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.

Arabian Cement Co's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Arabian Cement Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Arabian Cement Co's Days Sales Outstanding falls into.

Arabian Cement Co 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.

Arabian Cement Co'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
=	( (79.555	+	228.616)	/	2 )	/	6042.831	*	365
=	154.0855					/	6042.831	*	365
=	9.31

Arabian Cement Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (228.616	+	793.533)	/	2 )	/	1937.764	*	365 / 4
=	511.0745					/	1937.764	*	365 / 4
=	24.07

Arabian Cement Co (CAI:ARCC) Days Sales Outstanding Explanation

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

Arabian Cement Co Days Sales Outstanding Related Terms

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Arabian Cement Co (CAI:ARCC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Arabian Cement Co (CAI:ARCC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gamal Abdel Naser Square (Gharb Arabella), Fifth Settlement Arabella Plaza, 5th Floor, Office Building (A), New Cairo, EGY, 11835

Website

http://www.arabiancement.com

Arabian Cement Co is engaged in the business of manufacturing and selling clinker, cement, and other related products and usage of mines and extraction of all mining materials required to produce construction materials and road transportation of all the company's products. The company sells its products in Egypt and exports it to other countries, of which key revenue is derived within Egypt. Its products include Clinker, Cement and Concrete. Some of its brands are Al Mosalah and Al Nasr. It also offers delivery services through Express Wassal.