H&E Equipment Services (H&E Equipment Services) Days Sales Outstanding

: 58.25 (As of Dec. 2023)

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H&E Equipment Services's average Accounts Receivable for the three months ended in Dec. 2023 was $246 Mil. H&E Equipment Services's Revenue for the three months ended in Dec. 2023 was $386 Mil. Hence, H&E Equipment Services's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.25.

The historical rank and industry rank for H&E Equipment Services's Days Sales Outstanding or its related term are showing as below:

HEES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.3 Med: 54.03 Max: 61.89
Current: 57.25

During the past 13 years, H&E Equipment Services's highest Days Sales Outstanding was 61.89. The lowest was 48.30. And the median was 54.03.

HEES's Days Sales Outstanding is ranked better than
51.34% of 1044 companies
in the Business Services industry
Industry Median: 58.255 vs HEES: 57.25

H&E Equipment Services's Days Sales Outstanding increased from Dec. 2022 (54.20) to Dec. 2023 (58.25).

H&E Equipment Services Days Sales Outstanding Historical Data

The historical data trend for H&E Equipment Services'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.

H&E Equipment Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

61.89

60.38

51.26

53.98

56.59

H&E Equipment Services 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																54.20	61.26	56.14	54.65	58.25

Competitive Comparison

For the Rental & Leasing Services subindustry, H&E Equipment Services'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.

H&E Equipment Services Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, H&E Equipment Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Days Sales Outstanding falls into.

H&E Equipment Services 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.

H&E Equipment Services'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
=	( (216.28	+	239.277)	/	2 )	/	1469.216	*	365
=	227.7785					/	1469.216	*	365
=	56.59

H&E Equipment Services'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
=	( (253.326	+	239.277)	/	2 )	/	385.806	*	365 / 4
=	246.3015					/	385.806	*	365 / 4
=	58.25

H&E Equipment Services (NAS:HEES) Days Sales Outstanding Explanation

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

H&E Equipment Services Days Sales Outstanding Related Terms

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H&E Equipment Services (H&E Equipment Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » H&E Equipment Services Inc (NAS:HEES) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

H6P:Germany

Address

7500 Pecue Lane, Baton Rouge, LA, USA, 70809

Website

https://www.he-equipment.com

H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.

Executives

Suzanne H Wood	director	1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
John Mcdowell Engquist	officer: President & COO	7500 PECUE LANE, BATON ROUGE LA 70809
Gary W Bagley	director	H&E EQUIPMENT SERVICES, 4899 WEST 2100 SOUTH, SALT LAKE CITY UT 84120
Jacob Thomas	director	840 CRESCENT CENTRE DR, STE 600, FRANKLIN TN 37067
Paul Arnold	director	C/O CORT BUSINESS SERVICE CORP, 4401 FAIR LAKES COURT, FAIRFAX VA 22033
Bradley W Barber	director, officer: CEO & President	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Patrick Edsell	director
Lawrence C Karlson	director	C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
John Sawyer	director	PENHALL CO., 1801 PENHALL WAY/ POB 4609, ANAHEIM CA 92803
Thompson Mary Patricia B	director	651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Bruce Bruckmann	director	C/O MOHAWK INDUSTRIES INC, P O BOX 12069, CALHOUN GA 30703
John Engquist	director, 10 percent owner, officer: CEO & President	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Leslie S Magee	officer: CFO & Secretary	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
John D Jones	officer: V.P., Product Support	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
William W Fox	officer: V.P., Cranes & Earthmoving	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816