The Middleby's average Accounts Receivable for the
three
months ended in Dec. 2023 was $639 Mil. The Middleby's Revenue for the
three
months ended in Dec. 2023 was $1,009 Mil.
Hence, The Middleby's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 57.80.
The historical rank and industry rank for The Middleby's Days Sales Outstanding or its related term are showing as below:
MIDD'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.52 Med: 51.7 Max: 58.89
Current: 57.97
During the past 13 years, The Middleby's highest Days Sales Outstanding was 58.89. The lowest was 48.52. And the median was 51.70.
MIDD's Days Sales Outstanding is ranked better than 73.05% of 2957
companies
in the Industrial Products industry
Industry Median: 78.92
vs MIDD: 57.97
The Middleby's Days Sales Outstanding
increased
from Dec. 2022 (54.16) to Dec. 2023 (57.80).
The Middleby Days Sales Outstanding Historical Data
The historical data trend for The Middleby'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.
For the Specialty Industrial Machinery subindustry, The Middleby'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.
The Middleby Days Sales Outstanding Distribution
For the Industrial Products industry and Industrials sector, The Middleby's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where The Middleby's Days Sales Outstanding falls into.
The Middleby 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.
* 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.
The Middleby (NAS:MIDD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
The Middleby Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of The Middleby's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment primarily used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MIDD has been successfully added to your 