Aerodrome Group (XTAE:ARDM) Days Sales Outstanding : 59.89 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Aerodrome Group Days Sales Outstanding?

Aerodrome Group's average Accounts Receivable for the six months ended in Dec. 2023 was ₪6.82 Mil. Aerodrome Group's Revenue for the six months ended in Dec. 2023 was ₪20.77 Mil. Hence, Aerodrome Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 59.89.

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

XTAE:ARDM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.34 Med: 99.44 Max: 519.06
Current: 75.7

During the past 11 years, Aerodrome Group's highest Days Sales Outstanding was 519.06. The lowest was 43.34. And the median was 99.44.

XTAE:ARDM's Days Sales Outstanding is ranked worse than
75.7% of 251 companies
in the Education industry
Industry Median: 27.65 vs XTAE:ARDM: 75.70

Aerodrome Group's Days Sales Outstanding declined from Dec. 2022 (137.29) to Dec. 2023 (59.89).

Aerodrome Group Days Sales Outstanding Historical Data

The historical data trend for Aerodrome Group'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.

Aerodrome Group Days Sales Outstanding Chart

Aerodrome Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

128.59

68.91

97.95

100.93

65.38

Aerodrome Group 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															100.51	93.12	137.29	114.11	59.89

Competitive Comparison of Aerodrome Group's Days Sales Outstanding

For the Education & Training Services subindustry, Aerodrome Group'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.

Aerodrome Group's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Aerodrome Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aerodrome Group's Days Sales Outstanding falls into.

Aerodrome Group 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.

Aerodrome Group'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
=	( (7.437	+	4.696)	/	2 )	/	33.868	*	365
=	6.0665					/	33.868	*	365
=	65.38

Aerodrome Group'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
=	( (8.939	+	4.696)	/	2 )	/	20.773	*	365 / 2
=	6.8175					/	20.773	*	365 / 2
=	59.89

Aerodrome Group (XTAE:ARDM) Days Sales Outstanding Explanation

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

Aerodrome Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Aerodrome Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Aerodrome Group (XTAE:ARDM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Aerodrome Group Ltd (XTAE:ARDM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th Amal Street, Afek Industrial Park, Rosh Haayin, ISR, 94158

Website

https://www.aerodrome-ops.com

Aerodrome Group Ltd is a provider of UAS services and solutions. Its UAS operations include UAS Piloting, UAS External Pilot Training, UAS Pilot In Command (PIC) Training, UAS Payload Operator Training, Advanced Mission Training. The company provides four different courses running in parallel; PIC training, O-Level training, external pilot training, and payload operator training. It provides a full envelope of services for defense industries and organizations that wish to use unmanned systems.

Aerodrome Group (XTAE:ARDM) Headlines

No Headlines