Ludan Engineering Co (XTAE:LUDN) Days Sales Outstanding : 117.47 (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Ludan Engineering Co Days Sales Outstanding?

Ludan Engineering Co's average Accounts Receivable for the three months ended in Mar. 2024 was ₪202.6 Mil. Ludan Engineering Co's Revenue for the three months ended in Mar. 2024 was ₪157.4 Mil. Hence, Ludan Engineering Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 117.47.

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

XTAE:LUDN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 106.31 Med: 112.72 Max: 136.71
Current: 117.84

During the past 13 years, Ludan Engineering Co's highest Days Sales Outstanding was 136.71. The lowest was 106.31. And the median was 112.72.

XTAE:LUDN's Days Sales Outstanding is ranked worse than
71.87% of 1646 companies
in the Construction industry
Industry Median: 73.13 vs XTAE:LUDN: 117.84

Ludan Engineering Co's Days Sales Outstanding increased from Mar. 2023 (109.48) to Mar. 2024 (117.47).

Ludan Engineering Co Days Sales Outstanding Historical Data

The historical data trend for Ludan Engineering 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.

Ludan Engineering Co Days Sales Outstanding Chart

Ludan Engineering Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

127.84

115.99

112.56

108.29

112.88

Ludan Engineering Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															109.48	115.24	119.08	117.95	117.47

Competitive Comparison of Ludan Engineering Co's Days Sales Outstanding

For the Engineering & Construction subindustry, Ludan Engineering 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.

Ludan Engineering Co's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ludan Engineering Co's Days Sales Outstanding distribution charts can be found below:

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

Ludan Engineering 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.

Ludan Engineering 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
=	( (180.174	+	206.715)	/	2 )	/	625.485	*	365
=	193.4445					/	625.485	*	365
=	112.88

Ludan Engineering Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (206.715	+	198.465)	/	2 )	/	157.367	*	365 / 4
=	202.59					/	157.367	*	365 / 4
=	117.47

Ludan Engineering Co (XTAE:LUDN) Days Sales Outstanding Explanation

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

Ludan Engineering Co Days Sales Outstanding Related Terms

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

Ludan Engineering Co (XTAE:LUDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ludan Engineering Co Ltd (XTAE:LUDN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Granit Street, Kiryat Arie P.O.B. 3584, Petah Tikva, ISR, 49130

Website

http://www.ludan-group.com

Ludan Engineering Co Ltd is a provider of integrated solutions for industrial development, plant optimization, environmental issues and industry-specific application knowledge. It is engaged in the fields of engineering, software, process control, environment, energy and more, located in israel, western europe, eastern europe and china. It offers project implementation, computerized system integration, and environmental solutions to projects which include the application of advanced technologies.

Ludan Engineering Co (XTAE:LUDN) Headlines

No Headlines