National for Tourism Hotels (ADX:NCTH) Days Sales Outstanding : 59.69 (As of Dec. 2023)

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What is National for Tourism Hotels Days Sales Outstanding?

National for Tourism Hotels's average Accounts Receivable for the six months ended in Dec. 2023 was د.إ109.4 Mil. National for Tourism Hotels's Revenue for the six months ended in Dec. 2023 was د.إ669.2 Mil. Hence, National for Tourism Hotels's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.85.

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

ADX:NCTH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.66 Med: 62.6 Max: 76.59
Current: 59.69

During the past 13 years, National for Tourism Hotels's highest Days Sales Outstanding was 76.59. The lowest was 51.66. And the median was 62.60.

ADX:NCTH's Days Sales Outstanding is ranked worse than
75.5% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.46 vs ADX:NCTH: 59.69

National for Tourism Hotels's Days Sales Outstanding declined from Dec. 2021 (70.63) to Dec. 2023 (59.69).

National for Tourism Hotels Days Sales Outstanding Historical Data

The historical data trend for National for Tourism Hotels'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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National for Tourism Hotels Days Sales Outstanding Chart

National for Tourism Hotels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.30

76.59

70.63

68.87

59.69

National for Tourism Hotels Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial													67.30	76.59	70.63	68.87	59.69

Competitive Comparison of National for Tourism Hotels's Days Sales Outstanding

For the Lodging subindustry, National for Tourism Hotels'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.

National for Tourism Hotels's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where National for Tourism Hotels's Days Sales Outstanding falls into.

National for Tourism Hotels 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.

National for Tourism Hotels'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
=	( (110.469	+	108.416)	/	2 )	/	669.204	*	365
=	109.4425					/	669.204	*	365
=	59.69

National for Tourism Hotels'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (110.469	+	108.416)	/	2 )	/	669.204	*	365 / 2
=	109.4425					/	669.204	*	365 / 2
=	29.85

National for Tourism Hotels (ADX:NCTH) Days Sales Outstanding Explanation

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

National for Tourism Hotels Days Sales Outstanding Related Terms

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National for Tourism Hotels (ADX:NCTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » National Corp for Tourism Hotels (ADX:NCTH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Road, P.O. Box 6942, Abu Dhabi, ARE

Website

https://www.ncth.com

National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company's operating segment include Hotels, Retail Services, Catering Services, and the Holding segment. Catering segment provides catering services on a contract basis. The Hotels segment provides room and food and beverages services to customers. Retail services segment provides beverages sales services to its customers. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE). It owns four hotels within the UAE: Abu Dhabi InterContinental Hotel, Danat Al Ain Resort.

National for Tourism Hotels (ADX:NCTH) Headlines

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