Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Days Sales Outstanding : 7,186.32 (As of Mar. 2024)

View and export this data going back to 2002. Start your Free Trial

What is Turism Hoteluri Restaurante Marea Neagra Days Sales Outstanding?

Turism Hoteluri Restaurante Marea Neagra's average Accounts Receivable for the three months ended in Mar. 2024 was lei9.29 Mil. Turism Hoteluri Restaurante Marea Neagra's Revenue for the three months ended in Mar. 2024 was lei0.12 Mil. Hence, Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding for the three months ended in Mar. 2024 was 7,186.32.

The historical rank and industry rank for Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding or its related term are showing as below:

BSE:EFO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.75 Med: 16.68 Max: 1492.85
Current: 1492.85

During the past 13 years, Turism Hoteluri Restaurante Marea Neagra's highest Days Sales Outstanding was 1492.85. The lowest was 3.75. And the median was 16.68.

BSE:EFO's Days Sales Outstanding is ranked worse than
99.63% of 804 companies
in the Travel & Leisure industry
Industry Median: 29.46 vs BSE:EFO: 1492.85

Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding declined from Mar. 2023 (7,809.18) to Mar. 2024 (7,186.32).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Turism Hoteluri Restaurante Marea Neagra Days Sales Outstanding Historical Data

The historical data trend for Turism Hoteluri Restaurante Marea Neagra'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.

Turism Hoteluri Restaurante Marea Neagra Days Sales Outstanding Chart

Turism Hoteluri Restaurante Marea Neagra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

5.21

9.94

3.75

13.62

449.67

Turism Hoteluri Restaurante Marea Neagra 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															7,809.18	9,206.47	1,782.42	168.64	7,186.32

Competitive Comparison of Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding

For the Resorts & Casinos subindustry, Turism Hoteluri Restaurante Marea Neagra'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.

Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding falls into.

Turism Hoteluri Restaurante Marea Neagra 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.

Turism Hoteluri Restaurante Marea Neagra'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
=	( (2.494	+	0.581)	/	2 )	/	1.248	*	365
=	1.5375					/	1.248	*	365
=	449.67

Turism Hoteluri Restaurante Marea Neagra'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
=	( (0.581	+	18.005)	/	2 )	/	0.118	*	365 / 4
=	9.293					/	0.118	*	365 / 4
=	7,186.32

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Days Sales Outstanding Explanation

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

Turism Hoteluri Restaurante Marea Neagra Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Turism Hoteluri Restaurante Marea Neagra's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Turism Hoteluri Restaurante Marea Neagra SA (BSE:EFO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lavrion Street, No. 29, Constanta County, Mangalia, ROU, 905500

Website

https://www.thrmareaneagra.ro

Turism Hoteluri Restaurante Marea Neagra SA is engaged in providing tourist services. It provides resort and various types of accommodation and food services in the resorts and hotels of Black Sea resorts of Eforie Nord, Eforie Sud, Venus and Saturn. The services provided by the company are completed by the health and treatment offers in spa units situated in Bran-Brad-Bega, Balada, Hora, and Sirena. Geographically the operations are carried out through the region of Romania.

Turism Hoteluri Restaurante Marea Neagra (BSE:EFO) Headlines

No Headlines