Aspen Group (XTAE:ASGR) Days Sales Outstanding : 12.94 (As of Dec. 2023)

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What is Aspen Group Days Sales Outstanding?

Aspen Group's average Accounts Receivable for the three months ended in Dec. 2023 was ₪8.5 Mil. Aspen Group's Revenue for the three months ended in Dec. 2023 was ₪59.9 Mil. Hence, Aspen Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.94.

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

XTAE:ASGR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.9 Med: 22.52 Max: 29.74
Current: 12.47

During the past 12 years, Aspen Group's highest Days Sales Outstanding was 29.74. The lowest was 8.90. And the median was 22.52.

XTAE:ASGR's Days Sales Outstanding is ranked better than
72.87% of 1670 companies
in the Real Estate industry
Industry Median: 36.87 vs XTAE:ASGR: 12.47

Aspen Group's Days Sales Outstanding increased from Dec. 2022 (11.45) to Dec. 2023 (12.94).

Aspen Group Days Sales Outstanding Historical Data

The historical data trend for Aspen Group'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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Aspen Group Days Sales Outstanding Chart

Aspen Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.69

22.43

11.05

8.90

10.48

Aspen Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															11.45	10.87	13.11	15.05	12.94

Competitive Comparison of Aspen Group's Days Sales Outstanding

For the Real Estate Services subindustry, Aspen Group'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.

Aspen Group's Days Sales Outstanding Distribution in the Real Estate Industry

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

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

Aspen Group 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.

Aspen Group'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
=	( (6.865	+	7.586)	/	2 )	/	251.745	*	365
=	7.2255					/	251.745	*	365
=	10.48

Aspen Group'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (9.392	+	7.586)	/	2 )	/	59.871	*	365 / 4
=	8.489					/	59.871	*	365 / 4
=	12.94

Aspen Group (XTAE:ASGR) Days Sales Outstanding Explanation

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

Aspen Group Days Sales Outstanding Related Terms

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Aspen Group (XTAE:ASGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Aspen Group Ltd (XTAE:ASGR) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

2 Ha’Shlosha Street, Edgar Building 360, 28th Floor, Tel Aviv, ISR, 6706054

Website

http://www.aspen.co.il

Aspen Group Ltd is a real estate company.It is engaged in high yield/income producing real estate development. It also develops leisure and residential projects in Israel and abroad. Its projects include Kefar Saba, Kefar Hayam, Supermarkets, Office Buildings, and Horitt Hotel.

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