Hydraulic Elements and Systems AD (XBUL:HES) Days Sales Outstanding : 50.98 (As of Mar. 2023)

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What is Hydraulic Elements and Systems AD Days Sales Outstanding?

Hydraulic Elements and Systems AD's average Accounts Receivable for the three months ended in Mar. 2023 was лв14.75 Mil. Hydraulic Elements and Systems AD's Revenue for the three months ended in Mar. 2023 was лв26.39 Mil. Hence, Hydraulic Elements and Systems AD's Days Sales Outstanding for the three months ended in Mar. 2023 was 50.98.

The historical rank and industry rank for Hydraulic Elements and Systems AD's Days Sales Outstanding or its related term are showing as below:

XBUL:HES's Days Sales Outstanding is not ranked ^*
in the Industrial Products industry.
Industry Median: 79.815
* Ranked among companies with meaningful Days Sales Outstanding only.

Hydraulic Elements and Systems AD's Days Sales Outstanding declined from Mar. 2022 (56.92) to Mar. 2023 (50.98).

Hydraulic Elements and Systems AD Days Sales Outstanding Historical Data

The historical data trend for Hydraulic Elements and Systems AD'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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Hydraulic Elements and Systems AD Days Sales Outstanding Chart

Hydraulic Elements and Systems AD Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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33.85

33.03

47.32

56.77

50.83

Hydraulic Elements and Systems AD Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Sales Outstanding	Get a 7-Day Free Trial															56.92	57.48	54.98	52.25	50.98

Competitive Comparison of Hydraulic Elements and Systems AD's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Hydraulic Elements and Systems AD'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.

Hydraulic Elements and Systems AD's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hydraulic Elements and Systems AD's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hydraulic Elements and Systems AD's Days Sales Outstanding falls into.

Hydraulic Elements and Systems AD 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.

Hydraulic Elements and Systems AD's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (13.798	+	12.747)	/	2 )	/	95.298	*	365
=	13.2725					/	95.298	*	365
=	50.83

Hydraulic Elements and Systems AD's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

	Days Sales Outstanding (Q: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (12.747	+	16.746)	/	2 )	/	26.393	*	365 / 4
=	14.7465					/	26.393	*	365 / 4
=	50.98

Hydraulic Elements and Systems AD (XBUL:HES) Days Sales Outstanding Explanation

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

Hydraulic Elements and Systems AD Days Sales Outstanding Related Terms

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Hydraulic Elements and Systems AD (XBUL:HES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hydraulic Elements and Systems AD (XBUL:HES) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

1 Pirin Street, Yambol, BGR, 8600

Website

http://www.hes-co.com

Hydraulic Elements and Systems AD is a manufacturer of hydraulic machines & equipment. The Company designs, manufactures and services hydraulic cylinders, single-acting and double-acting piston cylinders.