Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) Days Sales Outstanding : 96.91 (As of Jun. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Mohammed Hadi AL Rasheed & Partners Co Days Sales Outstanding?

Mohammed Hadi AL Rasheed & Partners Co's average Accounts Receivable for the six months ended in Jun. 2024 was ﷼69.4 Mil. Mohammed Hadi AL Rasheed & Partners Co's Revenue for the six months ended in Jun. 2024 was ﷼130.6 Mil. Hence, Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding for the six months ended in Jun. 2024 was 96.91.

The historical rank and industry rank for Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding or its related term are showing as below:

SAU:9601' s Days Sales Outstanding Range Over the Past 10 Years
Min: 97.7 Med: 106.79 Max: 115.88
Current: 99.42

During the past 2 years, Mohammed Hadi AL Rasheed & Partners Co's highest Days Sales Outstanding was 115.88. The lowest was 97.70. And the median was 106.79.

SAU:9601's Days Sales Outstanding is ranked worse than
74.19% of 775 companies
in the Metals & Mining industry
Industry Median: 41.54 vs SAU:9601: 99.42

Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding declined from Jun. 2023 (106.48) to Jun. 2024 (96.91).

Warning Sign:

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

Mohammed Hadi AL Rasheed & Partners Co Days Sales Outstanding Historical Data

The historical data trend for Mohammed Hadi AL Rasheed & Partners 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.

* Premium members only.

Mohammed Hadi AL Rasheed & Partners Co Days Sales Outstanding Chart

Mohammed Hadi AL Rasheed & Partners Co Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

115.88

97.70

Mohammed Hadi AL Rasheed & Partners Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	-	106.48	91.25	96.91

Competitive Comparison of Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding

For the Other Industrial Metals & Mining subindustry, Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding falls into.

Mohammed Hadi AL Rasheed & Partners 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.

Mohammed Hadi AL Rasheed & Partners 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
=	( (53.206	+	62.015)	/	2 )	/	215.225	*	365
=	57.6105					/	215.225	*	365
=	97.70

Mohammed Hadi AL Rasheed & Partners 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
=	( (62.015	+	76.711)	/	2 )	/	130.628	*	365 / 2
=	69.363					/	130.628	*	365 / 2
=	96.91

Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) Days Sales Outstanding Explanation

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

Mohammed Hadi AL Rasheed & Partners Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Mohammed Hadi AL Rasheed & Partners Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Mohammed Hadi AL Rasheed & Partners Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mohammed Hadi AL Rasheed & Partners Co (SAU:9601) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dammam Road, Building No. 2865, Granada District, Riyadh, SAU, 8137-13242

Website

https://www.alrasheedco.com.sa

Mohammed Hadi AL Rasheed & Partners Co is a company whose main activities are operating quarries, rewinding the magnetic core of generators, motors, and electrical transformers, general construction for residential buildings, general construction for non-residential buildings such as schools, hospitals, hotels, etc, also includes the construction of roads, streets, sidewalks, and road supplies, extending pipes of various types for electricity, communications, and others.

Mohammed Hadi AL Rasheed & Partners Co Headlines

No Headlines