Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Days Sales Outstanding : 6.82 (As of Dec. 2023)

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What is Great Lakes Dredge & Dock Days Sales Outstanding?

Great Lakes Dredge & Dock's average Accounts Receivable for the three months ended in Dec. 2023 was $13.6 Mil. Great Lakes Dredge & Dock's Revenue for the three months ended in Dec. 2023 was $181.7 Mil. Hence, Great Lakes Dredge & Dock's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.82.

The historical rank and industry rank for Great Lakes Dredge & Dock's Days Sales Outstanding or its related term are showing as below:

GLDD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.03 Med: 10.5 Max: 27.61
Current: 12.16

During the past 13 years, Great Lakes Dredge & Dock's highest Days Sales Outstanding was 27.61. The lowest was 7.03. And the median was 10.50.

GLDD's Days Sales Outstanding is ranked better than
97.75% of 1641 companies
in the Construction industry
Industry Median: 72.53 vs GLDD: 12.16

Great Lakes Dredge & Dock's Days Sales Outstanding declined from Dec. 2022 (9.92) to Dec. 2023 (6.82).

Great Lakes Dredge & Dock Days Sales Outstanding Historical Data

The historical data trend for Great Lakes Dredge & Dock'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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Great Lakes Dredge & Dock Days Sales Outstanding Chart

Great Lakes Dredge & Dock Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.03

7.26

9.15

8.72

8.46

Great Lakes Dredge & Dock 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															9.92	8.08	19.98	21.71	6.82

Competitive Comparison of Great Lakes Dredge & Dock's Days Sales Outstanding

For the Engineering & Construction subindustry, Great Lakes Dredge & Dock'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.

Great Lakes Dredge & Dock's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Great Lakes Dredge & Dock's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Great Lakes Dredge & Dock's Days Sales Outstanding falls into.

Great Lakes Dredge & Dock 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.

Great Lakes Dredge & Dock'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
=	( (12.908	+	14.431)	/	2 )	/	589.625	*	365
=	13.6695					/	589.625	*	365
=	8.46

Great Lakes Dredge & Dock'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
=	( (12.734	+	14.431)	/	2 )	/	181.729	*	365 / 4
=	13.5825					/	181.729	*	365 / 4
=	6.82

Great Lakes Dredge & Dock (NAS:GLDD) Days Sales Outstanding Explanation

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

Great Lakes Dredge & Dock Days Sales Outstanding Related Terms

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Great Lakes Dredge & Dock (Great Lakes Dredge & Dock) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Great Lakes Dredge & Dock Corp (NAS:GLDD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5GL:Germany

Address

9811 Katy Freeway, Suite 1200, Houston, TX, USA, 77024

Website

https://www.gldd.com

Great Lakes Dredge & Dock Corp is a provider of dredging services in the United States. Dredging involves the enhancement or preservation of navigability of waterways or the protection of shorelines through the removal or replenishment of soil, sand or rock. Its projects portfolio includes Coastal Restoration, Coastal Protection, Ports and Harbors, International, and Inland Dredging.

Executives

Ryan Levenson	director	2396 DELLWOOD DRIVE, ATLANTA GA 30305
Lasse Petterson	director, officer: CEO & President	2103 RESEARCH FOREST DRIVE THE WOODLANDS TX 77380
David E Simonelli	officer: Chief Operating Officer	C/O GREAT LAKES DREDGE & DOCK CORPORATIO 2122 YORK ROAD OAK BROOK IL 60523
Lawrence R Dickerson	director	15415 KATY FREEWAY STE 100, HOUSTON TX 77094
Kathleen Mackie Lavoy	officer: SVP & Chief Legal Officer	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523
D Michael Steuert	director	C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Ronald Steger	director	13710 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Kathleen M Shanahan	director	24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134
Michael Joseph Walsh	director	C/O GREAT LAKES DREDGE & DOCK CORP 2122 YORK ROAD OAK BROOK IL 60523
Mark W. Marinko	officer: Chief Financial Officer	C/O GREAT LAKES DREDGE & DOCK CORP., 2122 YORK ROAD, SUITE 200, OAK BROOK IL 60523
Annette W Cyr	officer: Chief HR & Admin Officer	C/O BRIGHTPOINT., INC. 7635 INTERACTIVE WAY, SUITE 200 INDIANAPOLIS IN 46278
Carl A Albert	director	C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
Robert B Uhler	director	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD, SUITE 200 OAK BROOK IL 60523
Jason Weiss	director	C/O BOISE INC. 1111 WEST JEFFERSON STREET, SUITE 200 BOISE ID 83702-5388
Christopher P Shea	officer: President - E&I Division	C/O GREAT LAKES DREDGE & DOCK CORP. 2122 YORK ROAD OAK BROOK IL 60523