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East African Cables (NAI:CABL) Days Sales Outstanding : 43.74 (As of Dec. 2023)


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What is East African Cables Days Sales Outstanding?

East African Cables's average Accounts Receivable for the six months ended in Dec. 2023 was KES324 Mil. East African Cables's Revenue for the six months ended in Dec. 2023 was KES1,350 Mil. Hence, East African Cables's Days Sales Outstanding for the six months ended in Dec. 2023 was 43.74.

The historical rank and industry rank for East African Cables's Days Sales Outstanding or its related term are showing as below:

NAI:CABL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.68   Med: 104.28   Max: 241.71
Current: 52.07

During the past 13 years, East African Cables's highest Days Sales Outstanding was 241.71. The lowest was 45.68. And the median was 104.28.

NAI:CABL's Days Sales Outstanding is ranked better than
80.52% of 2952 companies
in the Industrial Products industry
Industry Median: 80.12 vs NAI:CABL: 52.07

East African Cables's Days Sales Outstanding declined from Dec. 2022 (55.33) to Dec. 2023 (43.74).


East African Cables Days Sales Outstanding Historical Data

The historical data trend for East African Cables'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.

East African Cables Days Sales Outstanding Chart

East African Cables Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.47 71.07 60.51 45.68 52.07

East African Cables Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.13 35.94 55.33 61.65 43.74

Competitive Comparison of East African Cables's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, East African Cables'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.


East African Cables's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, East African Cables's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where East African Cables's Days Sales Outstanding falls into.



East African Cables 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.

East African Cables'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
=( (396.722 + 323.581) / 2 ) / 2524.553*365
=360.1515 / 2524.553*365
=52.07

East African Cables'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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0 + 323.581) / 1 ) / 1350.06*365 / 2
=323.581 / 1350.06*365 / 2
=43.74

* 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.


East African Cables  (NAI:CABL) Days Sales Outstanding Explanation

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


East African Cables Days Sales Outstanding Related Terms

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East African Cables Business Description

Traded in Other Exchanges
N/A
Address
Addis Ababa Road, Industrial Area, P.O. Box 18243, Nairobi, KEN, 00500
East African Cables Ltd manufactures a range of cables for applications in domestic and industrial lighting, transmission, and distribution of electricity. It also offers data, telecommunication, and fiber optic solutions with requisite accessories. The company's geographical segments include Kenya & Uganda and Tanzania. It generates maximum revenue from Kenya & Uganda region. The company's product portfolio includes Utility Cables; House Wiring Cables; Armoured and Non-Armoured Cables; Automotive Cables; Telecommunication Cables; and others.

East African Cables Headlines

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