GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Solaer Reneable Energies Ltd (XTAE:SOLR) » Definitions » Days Sales Outstanding

Solaer Reneable Energies (XTAE:SOLR) Days Sales Outstanding : 65.23 (As of Sep. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Solaer Reneable Energies Days Sales Outstanding?

Solaer Reneable Energies's average Accounts Receivable for the three months ended in Sep. 2024 was ₪21.49 Mil. Solaer Reneable Energies's Revenue for the three months ended in Sep. 2024 was ₪30.06 Mil. Hence, Solaer Reneable Energies's Days Sales Outstanding for the three months ended in Sep. 2024 was 65.23.

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

XTAE:SOLR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 78.31   Med: 87.32   Max: 100.59
Current: 79.82

During the past 5 years, Solaer Reneable Energies's highest Days Sales Outstanding was 100.59. The lowest was 78.31. And the median was 87.32.

XTAE:SOLR's Days Sales Outstanding is ranked worse than
67.07% of 990 companies
in the Semiconductors industry
Industry Median: 63.125 vs XTAE:SOLR: 79.82

Solaer Reneable Energies's Days Sales Outstanding declined from Sep. 2023 (82.67) to Sep. 2024 (65.23).


Solaer Reneable Energies Days Sales Outstanding Historical Data

The historical data trend for Solaer Reneable Energies'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.

Solaer Reneable Energies Days Sales Outstanding Chart

Solaer Reneable Energies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- 93.44 100.59 81.20 78.31

Solaer Reneable Energies Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.67 119.52 98.43 78.47 65.23

Competitive Comparison of Solaer Reneable Energies's Days Sales Outstanding

For the Solar subindustry, Solaer Reneable Energies'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.


Solaer Reneable Energies's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solaer Reneable Energies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Solaer Reneable Energies's Days Sales Outstanding falls into.



Solaer Reneable Energies 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.

Solaer Reneable Energies'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
=( (12.284 + 8.17) / 2 ) / 47.67*365
=10.227 / 47.67*365
=78.31

Solaer Reneable Energies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (26.097 + 16.88) / 2 ) / 30.06*365 / 4
=21.4885 / 30.06*365 / 4
=65.23

* 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.


Solaer Reneable Energies  (XTAE:SOLR) Days Sales Outstanding Explanation

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


Solaer Reneable Energies Days Sales Outstanding Related Terms

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


Solaer Reneable Energies Business Description

Traded in Other Exchanges
N/A
Address
Eli Horowitz 27, Rehovot, ISR, 7608803
Solaer Reneable Energies Ltd is engaged in the initiation, construction and operation of solar systems in Israel and Spain.

Solaer Reneable Energies Headlines