ELSA Solutions SpA (MIL:ELSA) Days Sales Outstanding : 104.68 (As of Dec. 2023)

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What is ELSA Solutions SpA Days Sales Outstanding?

ELSA Solutions SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €5.53 Mil. ELSA Solutions SpA's Revenue for the six months ended in Dec. 2023 was €19.28 Mil. Hence, ELSA Solutions SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 52.34.

The historical rank and industry rank for ELSA Solutions SpA's Days Sales Outstanding or its related term are showing as below:

MIL:ELSA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 104.68 Med: 116.71 Max: 139.59
Current: 104.68

During the past 3 years, ELSA Solutions SpA's highest Days Sales Outstanding was 139.59. The lowest was 104.68. And the median was 116.71.

MIL:ELSA's Days Sales Outstanding is ranked worse than
68.83% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs MIL:ELSA: 104.68

ELSA Solutions SpA's Days Sales Outstanding declined from Dec. 2021 (139.59) to Dec. 2023 (104.68).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

ELSA Solutions SpA Days Sales Outstanding Historical Data

The historical data trend for ELSA Solutions SpA'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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ELSA Solutions SpA Days Sales Outstanding Chart

ELSA Solutions SpA Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

139.59

116.71

104.68

ELSA Solutions SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Days Sales Outstanding	139.59	116.71	104.68

Competitive Comparison of ELSA Solutions SpA's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, ELSA Solutions SpA'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.

ELSA Solutions SpA's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ELSA Solutions SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ELSA Solutions SpA's Days Sales Outstanding falls into.

ELSA Solutions SpA 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.

ELSA Solutions SpA'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
=	( (5.208	+	5.848)	/	2 )	/	19.276	*	365
=	5.528					/	19.276	*	365
=	104.68

ELSA Solutions SpA'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5.208	+	5.848)	/	2 )	/	19.276	*	365 / 2
=	5.528					/	19.276	*	365 / 2
=	52.34

ELSA Solutions SpA (MIL:ELSA) Days Sales Outstanding Explanation

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

ELSA Solutions SpA Days Sales Outstanding Related Terms

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ELSA Solutions SpA (MIL:ELSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ELSA Solutions SpA (MIL:ELSA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via P. Patarini 15, Imola, ITA, 40026

Website

https://www.elsaweb.it

ELSA Solutions SpA is a company engaged in in the motion control and special purpose batteries sector. It operates through two business lines: the E-Motion line, dedicated to the system integrator activity of industrial automation systems (motion control), with which it offers solutions and components for operation, management and the control of the movement of mechanical systems in the field of industrial automation and the movement of precision, and the Aliant line, dedicated to the assembly of special purpose battery systems, in particular lithium batteries and in the hydrogen systems sector in which the Company operates as an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturing.

ELSA Solutions SpA (MIL:ELSA) Headlines

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