Summit Real Estate Holdings (XTAE:SMT) Days Sales Outstanding : 24.90 (As of Dec. 2023)

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What is Summit Real Estate Holdings Days Sales Outstanding?

Summit Real Estate Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was ₪64.0 Mil. Summit Real Estate Holdings's Revenue for the three months ended in Dec. 2023 was ₪234.7 Mil. Hence, Summit Real Estate Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 24.90.

The historical rank and industry rank for Summit Real Estate Holdings's Days Sales Outstanding or its related term are showing as below:

XTAE:SMT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.1 Med: 22.09 Max: 33.33
Current: 22.23

During the past 13 years, Summit Real Estate Holdings's highest Days Sales Outstanding was 33.33. The lowest was 13.10. And the median was 22.09.

XTAE:SMT's Days Sales Outstanding is ranked better than
61.75% of 1668 companies
in the Real Estate industry
Industry Median: 36.695 vs XTAE:SMT: 22.23

Summit Real Estate Holdings's Days Sales Outstanding increased from Dec. 2022 (19.03) to Dec. 2023 (24.90).

Summit Real Estate Holdings Days Sales Outstanding Historical Data

The historical data trend for Summit Real Estate Holdings'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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Summit Real Estate Holdings Days Sales Outstanding Chart

Summit Real Estate Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.33

25.75

21.74

17.65

22.43

Summit Real Estate Holdings 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															19.03	20.36	20.80	22.56	24.90

Competitive Comparison of Summit Real Estate Holdings's Days Sales Outstanding

For the Real Estate Services subindustry, Summit Real Estate Holdings'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.

Summit Real Estate Holdings's Days Sales Outstanding Distribution in the Real Estate Industry

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

* The bar in red indicates where Summit Real Estate Holdings's Days Sales Outstanding falls into.

Summit Real Estate Holdings 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.

Summit Real Estate Holdings'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
=	( (50.29	+	65.884)	/	2 )	/	945.218	*	365
=	58.087					/	945.218	*	365
=	22.43

Summit Real Estate Holdings'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
=	( (62.193	+	65.884)	/	2 )	/	234.698	*	365 / 4
=	64.0385					/	234.698	*	365 / 4
=	24.90

Summit Real Estate Holdings (XTAE:SMT) Days Sales Outstanding Explanation

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

Summit Real Estate Holdings Days Sales Outstanding Related Terms

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Summit Real Estate Holdings (XTAE:SMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Summit Real Estate Holdings Ltd (XTAE:SMT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 Hahistadrut Avenue, Haifa, ISR

Website

http://www.smt.co.il

Summit Real Estate Holdings Ltd is an Israel-based company. It is active in real estate industry. The company is involved in various aspects of the real estate business. It primarily emphasized on purchase and operation of office buildings and commercial assets, which are leased to numerous commercial and industrial tenants.

Summit Real Estate Holdings (XTAE:SMT) Headlines

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