Hurco (HURC) Days Sales Outstanding : 74.01 (As of Jan. 2024)

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What is Hurco Days Sales Outstanding?

Hurco's average Accounts Receivable for the three months ended in Jan. 2024 was $36.5 Mil. Hurco's Revenue for the three months ended in Jan. 2024 was $45.1 Mil. Hence, Hurco's Days Sales Outstanding for the three months ended in Jan. 2024 was 74.01.

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

HURC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 54.55 Med: 67.33 Max: 75.9
Current: 58.92

During the past 13 years, Hurco's highest Days Sales Outstanding was 75.90. The lowest was 54.55. And the median was 67.33.

HURC's Days Sales Outstanding is ranked better than
72.04% of 2958 companies
in the Industrial Products industry
Industry Median: 79.1 vs HURC: 58.92

Hurco's Days Sales Outstanding increased from Jan. 2023 (61.15) to Jan. 2024 (74.01).

Hurco Days Sales Outstanding Historical Data

The historical data trend for Hurco'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.

Hurco Days Sales Outstanding Chart

Hurco Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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67.69

75.90

54.55

58.98

62.81

Hurco Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															61.15	59.12	58.47	50.55	74.01

Competitive Comparison of Hurco's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Hurco'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.

Hurco's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hurco's Days Sales Outstanding distribution charts can be found below:

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

Hurco 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.

Hurco's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (38.444	+	39.965)	/	2 )	/	227.807	*	365
=	39.2045					/	227.807	*	365
=	62.81

Hurco's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (39.965	+	33.131)	/	2 )	/	45.059	*	365 / 4
=	36.548					/	45.059	*	365 / 4
=	74.01

Hurco (NAS:HURC) Days Sales Outstanding Explanation

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

Hurco Days Sales Outstanding Related Terms

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Hurco (HURC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hurco Companies Inc (NAS:HURC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HC2:Germany

Address

One Technology Way, Indianapolis, IN, USA, 46268

Website

https://www.hurco.com

Hurco Companies Inc is a United States-based industrial technology company. It designs, manufactures, and sells computerized machine tools, consisting mainly of vertical machining centers and turning centers, to companies in the metal working industry through sales, service and distribution network. The company concentrated on designing user-friendly computer control systems that can be operated by both skilled and unskilled machine tool operators. It generates maximum revenue from the Computerized Machine Tools product. Geographically, It derives a majority of revenue from the United States of America. Its product categories include 5-Axis VMC; 3-Axis VMC; Horizontal MC and Turning Centers.

Executives

Michael Doar	director, officer: Chairman & CEO	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Jonathon D. Wright	officer: General Counsel/Corp Secretary	ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC>, INDIANAPOLIS IN 46268
Richard R. Porter	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Haiquynh Jamison	officer: Corporate Controller	ONE TECHNOLOGY WAY, C/O HURCO COMPANIES, INC., INDIANAPOLIS IN 46268
Gregory S Volovic	officer: EVP-Technology and Operations	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Sonja K Mcclelland	officer: Chief Financial Officer	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Thomas A. Aaro	director	C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Timothy J Gardner	director	3600 WEST LAKE AVENUE, GLENVIEW IL 60026
Robert W Cruickshank	director
Cynthia S Dubin	director	1200 E. MARKET STREET, SUITE 650, AKRON OH 44305
Janaki Sivanesan	director	575 MADISON AVENUE, NEW YORK NY 10022
Jay C. Longbottom	director	C/O HURCO COMPANIES, INC., ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Andrew Sheeley Niner	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald G. Strackbein	director	ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268