EDAG Engineering Group AG (XTER:ED4) Days Sales Outstanding : 40.29 (As of Sep. 2024)

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What is EDAG Engineering Group AG Days Sales Outstanding?

EDAG Engineering Group AG's average Accounts Receivable for the three months ended in Sep. 2024 was €92.1 Mil. EDAG Engineering Group AG's Revenue for the three months ended in Sep. 2024 was €208.6 Mil. Hence, EDAG Engineering Group AG's Days Sales Outstanding for the three months ended in Sep. 2024 was 40.29.

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

XTER:ED4' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.68 Med: 59.15 Max: 73.57
Current: 41.68

During the past 13 years, EDAG Engineering Group AG's highest Days Sales Outstanding was 73.57. The lowest was 41.68. And the median was 59.15.

XTER:ED4's Days Sales Outstanding is ranked better than
72.05% of 1288 companies
in the Vehicles & Parts industry
Industry Median: 60.145 vs XTER:ED4: 41.68

EDAG Engineering Group AG's Days Sales Outstanding increased from Sep. 2023 (38.46) to Sep. 2024 (40.29).

EDAG Engineering Group AG Days Sales Outstanding Historical Data

The historical data trend for EDAG Engineering Group AG'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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EDAG Engineering Group AG Days Sales Outstanding Chart

EDAG Engineering Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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59.43

57.14

52.38

58.87

56.76

EDAG Engineering Group AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	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															38.46	47.67	44.44	36.17	40.29

Competitive Comparison of EDAG Engineering Group AG's Days Sales Outstanding

For the Auto Parts subindustry, EDAG Engineering Group AG'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.

EDAG Engineering Group AG's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, EDAG Engineering Group AG's Days Sales Outstanding distribution charts can be found below:

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

EDAG Engineering Group AG 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.

EDAG Engineering Group AG'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
=	( (135.453	+	136.378)	/	2 )	/	874.073	*	365
=	135.9155					/	874.073	*	365
=	56.76

EDAG Engineering Group AG'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
=	( (92.838	+	91.402)	/	2 )	/	208.63	*	365 / 4
=	92.12					/	208.63	*	365 / 4
=	40.29

EDAG Engineering Group AG (XTER:ED4) Days Sales Outstanding Explanation

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

EDAG Engineering Group AG Days Sales Outstanding Related Terms

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EDAG Engineering Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EDAG Engineering Group AG (XTER:ED4) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ED4:Germany ED4:Germany

Address

Schlossgasse 2, Arbon, CHE, 9320

Website

https://www.edag.de

EDAG Engineering Group AG is an independent engineering partner in the international automotive industry. It is engaged in developing vehicles, derivatives, modules, and production facilities. It has divided its business into three segments namely Vehicle Engineering, Production Solutions, and Electrics/Electronics. It earns the majority of its revenue from Vehicle Engineering followed by Electrics/Electronics and Production Solutions. Geographic is present in Germany, the Rest of Europe, North America, South America, and Asia, and the majority of its revenue comes from the German market.

EDAG Engineering Group AG Headlines

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