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ScanSource (ScanSource) Days Sales Outstanding

: 69.84 (As of Dec. 2023)
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ScanSource's average Accounts Receivable for the three months ended in Dec. 2023 was $677 Mil. ScanSource's Revenue for the three months ended in Dec. 2023 was $885 Mil. Hence, ScanSource's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.84.

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

SCSC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.78   Med: 59.92   Max: 74.01
Current: 72.55

During the past 13 years, ScanSource's highest Days Sales Outstanding was 74.01. The lowest was 55.78. And the median was 59.92.

SCSC's Days Sales Outstanding is ranked better than
53.01% of 2456 companies
in the Hardware industry
Industry Median: 75.235 vs SCSC: 72.55

ScanSource's Days Sales Outstanding increased from Dec. 2022 (68.78) to Dec. 2023 (69.84).


ScanSource Days Sales Outstanding Historical Data

The historical data trend for ScanSource'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.

ScanSource Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.68 57.88 58.63 67.13 71.44

ScanSource 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 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 Premium Member Only Premium Member Only Premium Member Only 68.78 75.43 69.26 75.23 69.84

Competitive Comparison

For the Electronics & Computer Distribution subindustry, ScanSource'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.


ScanSource Days Sales Outstanding Distribution

For the Hardware industry and Technology sector, ScanSource's Days Sales Outstanding distribution charts can be found below:

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



ScanSource 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.

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

Days Sales Outstanding (A: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (729.442 + 753.236) / 2 ) / 3787.721*365
=741.339 / 3787.721*365
=71.44

ScanSource'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
=( (691.669 + 662.799) / 2 ) / 884.792*365 / 4
=677.234 / 884.792*365 / 4
=69.84

* 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.


ScanSource  (NAS:SCSC) Days Sales Outstanding Explanation

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


ScanSource Days Sales Outstanding Related Terms

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


ScanSource (ScanSource) Business Description

Traded in Other Exchanges
Address
6 Logue Court, Greenville, SC, USA, 29615
ScanSource Inc provides value-added services for technology manufacturers and sells to resellers in specialty technology markets. The firm's operations are organized in two segments: Specialty Technology Solutions and Modern Communications and Cloud. It generates maximum revenue from the Specialty Technology Solutions segment. The Specialty Technology Solutions segment includes the Company's business in mobility and barcode, POS, payments, security and networking technologies. Geographically, it derives a majority of revenue from the United States.
Executives
Michael L Baur officer: President and CEO 6 LOGUE COURT, GREENVILLE SC 29615
Peter C Browning director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
Brandy Ford officer: SVP & Chief Accounting Officer 6 LOGUE COURT, GREENVILLE SC 29615
John Charles Eldh officer: Sr. EVP & Chief Revenue Off. 6 LOGUE COURT, GREENVILLE SC 29615
Vernon J Nagel director 1330 W. FULTON STREET, SUITE 350, CHICAGO IL 60607
Shana C Smith officer: Sr. EVP & Chief Legal Officer 1875 EXPLORER ST SUITE 800, RESTON VA 20190
Charles R Whitchurch director 143 FULLER LANE, WINNDKER IL 60093
Charles Alexander Mathis officer: Vice-President & CFO 627 ISLAND PARK DRIVE, DANIEL ISLAND SC 29492
Rachel Hayden officer: Senior Executive VP & CIO 6 LOGUE COURT, GREENVILLE SC 29615
Michael J Grainger director C/O INGRAM MICRO INC WORLD WIDE L, 1600 E ST ANDREW PLACE, SANTA ANA CA 92705
Stephen Jones officer: Sr. EVP & CFO 6 LOGUE COURT, GREENVILLE SC 29615
Emory Frank Edward Jr. director 2809 SHARON VIEW ROAD, CHARLOTTE NC 28210
Jeffrey R Rodek director 4151 GULF SHORE BLVD N, PH2, NAPLES FL 34103
Matthew Dean officer: VP and General Counsel 101 LEDGESTONE WAY, GREER SC 29651
Gerald Lyons officer: SVP & Principal Acctg Officer 6 LOGUE CT., GREENVILLE SC 29615

ScanSource (ScanSource) Headlines

From GuruFocus

ScanSource Names Chief People Officer

By Business Wire Business Wire 08-01-2022

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By Business Wire Business Wire 11-29-2022

ScanSource Announces Partnership with Logitech

By Business Wire 07-27-2023

ScanSource Announces Appointment of Chief Legal Officer

By Business Wire Business Wire 02-23-2023

ScanSource Appoints Chief Accounting Officer

By Business Wire Business Wire 05-10-2023