Computer Direct Group (XTAE:CMDR) Days Sales Outstanding : 76.57 (As of Mar. 2024)

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What is Computer Direct Group Days Sales Outstanding?

Computer Direct Group's average Accounts Receivable for the three months ended in Mar. 2024 was ₪825 Mil. Computer Direct Group's Revenue for the three months ended in Mar. 2024 was ₪984 Mil. Hence, Computer Direct Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.57.

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

XTAE:CMDR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.8 Med: 105.31 Max: 120.81
Current: 74.8

During the past 12 years, Computer Direct Group's highest Days Sales Outstanding was 120.81. The lowest was 74.80. And the median was 105.31.

XTAE:CMDR's Days Sales Outstanding is ranked worse than
62% of 2737 companies
in the Software industry
Industry Median: 61.81 vs XTAE:CMDR: 74.80

Computer Direct Group's Days Sales Outstanding increased from Mar. 2023 (75.41) to Mar. 2024 (76.57).

Computer Direct Group Days Sales Outstanding Historical Data

The historical data trend for Computer Direct 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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Computer Direct Group Days Sales Outstanding Chart

Computer Direct Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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107.79

100.30

83.62

81.83

76.98

Computer Direct Group 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															75.41	77.64	72.28	70.03	76.57

Competitive Comparison of Computer Direct Group's Days Sales Outstanding

For the Information Technology Services subindustry, Computer Direct 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.

Computer Direct Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Computer Direct Group's Days Sales Outstanding distribution charts can be found below:

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

Computer Direct 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.

Computer Direct 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
=	( (729.071	+	830.489)	/	2 )	/	3697.528	*	365
=	779.78					/	3697.528	*	365
=	76.98

Computer Direct Group'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
=	( (830.489	+	820.486)	/	2 )	/	983.698	*	365 / 4
=	825.4875					/	983.698	*	365 / 4
=	76.57

Computer Direct Group (XTAE:CMDR) Days Sales Outstanding Explanation

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

Computer Direct Group Days Sales Outstanding Related Terms

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Computer Direct Group (XTAE:CMDR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Computer Direct Group Ltd (XTAE:CMDR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Haamal Street 1, Afek Industrial Park, Rosh Haayin, ISR, 48092

Website

http://www.one1.co.il

Computer Direct Group Ltd is an Information Technology company. The company provides end-to-end IT solutions through in various market segments, including telecom, industry, IT, banking and finance, insurance, retail, commerce, and more. It is also engaged in the hardware products and IT systems marketing segment, and in the provision of comprehensive managed services in the organizational IT segment.

Computer Direct Group (XTAE:CMDR) Headlines

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