Aldar Properties PJSC (ADX:ALDAR) Days Sales Outstanding : 82.89 (As of Mar. 2024)

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What is Aldar Properties PJSC Days Sales Outstanding?

Aldar Properties PJSC's average Accounts Receivable for the three months ended in Mar. 2024 was د.إ5,101 Mil. Aldar Properties PJSC's Revenue for the three months ended in Mar. 2024 was د.إ5,616 Mil. Hence, Aldar Properties PJSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 82.89.

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

ADX:ALDAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.06 Med: 102.18 Max: 161.46
Current: 114.32

During the past 13 years, Aldar Properties PJSC's highest Days Sales Outstanding was 161.46. The lowest was 74.06. And the median was 102.18.

ADX:ALDAR's Days Sales Outstanding is ranked worse than
78.74% of 1665 companies
in the Real Estate industry
Industry Median: 36.86 vs ADX:ALDAR: 114.32

Aldar Properties PJSC's Days Sales Outstanding increased from Mar. 2023 (82.18) to Mar. 2024 (82.89).

Aldar Properties PJSC Days Sales Outstanding Historical Data

The historical data trend for Aldar Properties PJSC'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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Aldar Properties PJSC Days Sales Outstanding Chart

Aldar Properties PJSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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90.42

106.49

147.24

111.88

97.87

Aldar Properties PJSC 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															82.18	91.20	175.00	148.04	82.89

Competitive Comparison of Aldar Properties PJSC's Days Sales Outstanding

For the Real Estate - Development subindustry, Aldar Properties PJSC'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.

Aldar Properties PJSC's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Aldar Properties PJSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Aldar Properties PJSC's Days Sales Outstanding falls into.

Aldar Properties PJSC 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.

Aldar Properties PJSC'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
=	( (2816.528	+	4777.79)	/	2 )	/	14160.938	*	365
=	3797.159					/	14160.938	*	365
=	97.87

Aldar Properties PJSC'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
=	( (4777.79	+	5424.909)	/	2 )	/	5615.666	*	365 / 4
=	5101.3495					/	5615.666	*	365 / 4
=	82.89

Aldar Properties PJSC (ADX:ALDAR) Days Sales Outstanding Explanation

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

Aldar Properties PJSC Days Sales Outstanding Related Terms

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Aldar Properties PJSC (ADX:ALDAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aldar Properties PJSC (ADX:ALDAR) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Al Raha Beach, P.O. Box 51133, Abu Dhabi, ARE

Website

https://www.aldar.com

Aldar Properties PJSC is a general real estate company. Its operating segment includes Property development and sales; Project management services; Investment properties; Hospitality and leisure; Education and Principal investments. The company generates maximum revenue from the Property development and sales segment.

Aldar Properties PJSC (ADX:ALDAR) Headlines

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