Molan Steel Co (SAU:9553) Days Sales Outstanding : 59.38 (As of Jun. 2024)

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What is Molan Steel Co Days Sales Outstanding?

Molan Steel Co's average Accounts Receivable for the six months ended in Jun. 2024 was ﷼12.95 Mil. Molan Steel Co's Revenue for the six months ended in Jun. 2024 was ﷼39.82 Mil. Hence, Molan Steel Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 59.38.

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

SAU:9553' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.75 Med: 42.35 Max: 55.25
Current: 55.25

During the past 3 years, Molan Steel Co's highest Days Sales Outstanding was 55.25. The lowest was 33.75. And the median was 42.35.

SAU:9553's Days Sales Outstanding is ranked worse than
56.51% of 614 companies
in the Steel industry
Industry Median: 48.74 vs SAU:9553: 55.25

Molan Steel Co's Days Sales Outstanding increased from Jun. 2023 (41.80) to Jun. 2024 (59.38).

Molan Steel Co Days Sales Outstanding Historical Data

The historical data trend for Molan Steel 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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Molan Steel Co Days Sales Outstanding Chart

Molan Steel Co Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

42.35

33.75

48.99

Molan Steel Co Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial			21.76	48.63	41.80	55.89	59.38

Competitive Comparison of Molan Steel Co's Days Sales Outstanding

For the Steel subindustry, Molan Steel 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.

Molan Steel Co's Days Sales Outstanding Distribution in the Steel Industry

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

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

Molan Steel 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.

Molan Steel 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
=	( (10.062	+	14.015)	/	2 )	/	89.697	*	365
=	12.0385					/	89.697	*	365
=	48.99

Molan Steel Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (14.015	+	11.893)	/	2 )	/	39.816	*	365 / 2
=	12.954					/	39.816	*	365 / 2
=	59.38

Molan Steel Co (SAU:9553) Days Sales Outstanding Explanation

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

Molan Steel Co Days Sales Outstanding Related Terms

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Molan Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Molan Steel Co (SAU:9553) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Eastern Ring Road Exit No 16, Palladium Center Complex PO Box 7090, AlFarouq District, Riyadh, SAU, 14323

Website

https://molansteel.com

Molan Steel Co is engaged in supply and sale of iron products represented in iron tins of all kinds, iron bridges of all kinds, and iron angles.

Molan Steel Co Headlines

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