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Manitex International (Manitex International) Days Sales Outstanding : 55.82 (As of Dec. 2023)


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What is Manitex International Days Sales Outstanding?

Manitex International's average Accounts Receivable for the three months ended in Dec. 2023 was $48.1 Mil. Manitex International's Revenue for the three months ended in Dec. 2023 was $78.7 Mil. Hence, Manitex International's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.82.

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

MNTX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.56   Med: 68.8   Max: 101.23
Current: 58.2

During the past 13 years, Manitex International's highest Days Sales Outstanding was 101.23. The lowest was 49.56. And the median was 68.80.

MNTX's Days Sales Outstanding is ranked better than
62.5% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs MNTX: 58.20

Manitex International's Days Sales Outstanding increased from Dec. 2022 (47.75) to Dec. 2023 (55.82).


Manitex International Days Sales Outstanding Historical Data

The historical data trend for Manitex International'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.

Manitex International Days Sales Outstanding Chart

Manitex International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.90 70.98 52.57 49.56 58.23

Manitex International 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.75 58.65 57.22 61.37 55.82

Competitive Comparison of Manitex International's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Manitex International'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.


Manitex International's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitex International's Days Sales Outstanding distribution charts can be found below:

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



Manitex International 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.

Manitex International'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
=( (43.856 + 49.118) / 2 ) / 291.389*365
=46.487 / 291.389*365
=58.23

Manitex International'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
=( (47.114 + 49.118) / 2 ) / 78.653*365 / 4
=48.116 / 78.653*365 / 4
=55.82

* 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.


Manitex International  (NAS:MNTX) Days Sales Outstanding Explanation

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


Manitex International Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Manitex International's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Manitex International (Manitex International) Business Description

Traded in Other Exchanges
Address
9725 Industrial Drive, Bridgeview, IL, USA, 60455
Manitex International Inc through its subsidiaries is engaged in the design, manufacture, and distribution of engineered lifting solutions. Its products include boom trucks, truck cranes, and sign cranes. The company's segments include Lifting Equipment and Rental Equipment. It generates maximum revenue from the Lifting Equipment segment. Geographically, it derives a majority of its revenue from the United States.
Executives
David J Langevin director, officer: Chairman of the Board & CEO 50120 PONTIAC TRAIL, WIXOM MI 48393
Takashi Kiso director 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Michael Coffey officer: Chief Executive Officer 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60466
Joseph Doolan officer: Chief Financial Officer C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
Steve Filipov director, officer: Chief Executive Officer C/O TEREX CORP, 500 POST RD, WESTPORT CT 06850
Marvin B Rosenberg director 3228 PIGNATELLI CRESCENT, MOUNT PLEASANT SC 29466
Laura Ruoru Yu officer: VP Finance & Corp. Controller 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Robert S Gigliotti director 901 WILSHIRE DR, STE 400, TROY MI 48084
Ingo Schiller director 4242 WEST GREENS ROAD, HOUSTON TX 77066
Tadano Ltd. 10 percent owner KO-34 SHINDEN-CHO, KAGAWA PREFECTURE, TAKAMATSU M0 761-0185
Sherman Jung officer: VP Fin. Reporting (PFO/PAO) 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Steve Kiefer officer: President, North America 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Michael Schneider officer: SVP, CFO, Treas., & Secretary 9725 INDUSTRIAL DRIVE, BRIDGEVIEW IL 60455
Ronald Michael Clark director 72 CATBRIER ROAD, WESTON CT 06883
Lubomir T. Litchev officer: President, Manufacturing Ops. 10 HIGH MEADOW TRAIL, DILLON CO 80435