Middle East Healthcare Co (SAU:4009) Days Sales Outstanding : 277.95 (As of Dec. 2023)

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What is Middle East Healthcare Co Days Sales Outstanding?

Middle East Healthcare Co's average Accounts Receivable for the three months ended in Dec. 2023 was ﷼2,193 Mil. Middle East Healthcare Co's Revenue for the three months ended in Dec. 2023 was ﷼720 Mil. Hence, Middle East Healthcare Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 277.95.

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

SAU:4009' s Days Sales Outstanding Range Over the Past 10 Years
Min: 197.55 Med: 228.93 Max: 270.69
Current: 268.12

During the past 9 years, Middle East Healthcare Co's highest Days Sales Outstanding was 270.69. The lowest was 197.55. And the median was 228.93.

SAU:4009's Days Sales Outstanding is ranked worse than
97.03% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 46.39 vs SAU:4009: 268.12

Middle East Healthcare Co's Days Sales Outstanding increased from Dec. 2022 (239.18) to Dec. 2023 (277.95).

Middle East Healthcare Co Days Sales Outstanding Historical Data

The historical data trend for Middle East Healthcare 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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Middle East Healthcare Co Days Sales Outstanding Chart

Middle East Healthcare Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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212.45

209.04

245.40

247.41

270.69

Middle East Healthcare Co 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															239.18	249.14	272.19	269.26	277.95

Competitive Comparison of Middle East Healthcare Co's Days Sales Outstanding

For the Medical Care Facilities subindustry, Middle East Healthcare 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.

Middle East Healthcare Co's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Middle East Healthcare Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Middle East Healthcare Co's Days Sales Outstanding falls into.

Middle East Healthcare 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.

Middle East Healthcare 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
=	( (1634.782	+	2300.555)	/	2 )	/	2653.17	*	365
=	1967.6685					/	2653.17	*	365
=	270.69

Middle East Healthcare Co'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
=	( (2084.627	+	2300.555)	/	2 )	/	719.811	*	365 / 4
=	2192.591					/	719.811	*	365 / 4
=	277.95

Middle East Healthcare Co (SAU:4009) Days Sales Outstanding Explanation

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

Middle East Healthcare Co Days Sales Outstanding Related Terms

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Middle East Healthcare Co (SAU:4009) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Middle East Healthcare Co (SAU:4009) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4, Batterjee Road, P.O.Box 2550, Al-Zahra District, Jeddah, SAU, 21461

Website

https://www.saudigermanhealth.com

Middle East Healthcare Co is a Saudi Arabia-based company engaged in the business of managing, operating and maintaining hospitals, medical centers, educational centers, rehabilitation centers, physiotherapy, laboratories and radiology centers, pharmacies, construction and to buy land for the purpose of constructing medical projects and to establish, manage and organize exhibitions for the company.

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