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Steel Dynamics (Steel Dynamics) Days Sales Outstanding

: 37.62 (As of Dec. 2023)
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Steel Dynamics's average Accounts Receivable for the three months ended in Dec. 2023 was $1,745 Mil. Steel Dynamics's Revenue for the three months ended in Dec. 2023 was $4,233 Mil. Hence, Steel Dynamics's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.62.

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

STLD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.63   Med: 32.75   Max: 38.13
Current: 38.13

During the past 13 years, Steel Dynamics's highest Days Sales Outstanding was 38.13. The lowest was 28.63. And the median was 32.75.

STLD's Days Sales Outstanding is ranked better than
61.67% of 600 companies
in the Steel industry
Industry Median: 49.98 vs STLD: 38.13

Steel Dynamics's Days Sales Outstanding declined from Dec. 2022 (41.50) to Dec. 2023 (37.62).


Steel Dynamics Days Sales Outstanding Historical Data

The historical data trend for Steel Dynamics'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.

Steel Dynamics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.93 34.52 28.63 32.57 35.58

Steel Dynamics 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 41.50 39.00 38.34 40.03 37.62

Competitive Comparison

For the Steel subindustry, Steel Dynamics'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.


Steel Dynamics Days Sales Outstanding Distribution

For the Steel industry and Basic Materials sector, Steel Dynamics's Days Sales Outstanding distribution charts can be found below:

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



Steel Dynamics 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.

Steel Dynamics'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
=( (2056.051 + 1608.307) / 2 ) / 18795.316*365
=1832.179 / 18795.316*365
=35.58

Steel Dynamics'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
=( (1882.049 + 1608.307) / 2 ) / 4233.423*365 / 4
=1745.178 / 4233.423*365 / 4
=37.62

* 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.


Steel Dynamics  (NAS:STLD) Days Sales Outstanding Explanation

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


Steel Dynamics Days Sales Outstanding Related Terms

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Steel Dynamics (Steel Dynamics) Business Description

Traded in Other Exchanges
Address
7575 West Jefferson Boulevard, Fort Wayne, IN, USA, 46804
Steel Dynamics Inc operates scrap-based steel minimills with roughly 16 million tons of annual steel production capacity. The company's segment includes steel operations, metals recycling operations, and steel fabrication operations. It generates maximum revenue from the steel operations segment.
Executives
Glenn Pushis officer: Senior Vice President 4500 COUNTY ROAD 59, BUTLER IN 46721
James C Marcuccilli director 127 W BERRY ST, FORT WAYNE IN 46802
Bradley S Seaman director 161 SHAWFORD WAY, LAKE FOREST IL 60045
Richard A Poinsatte officer: Senior Vice President 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
Jennifer L Hamann director 1400 DOUGLAS STREET, OMAHA NE 68130
Christopher A Graham officer: Vice President 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
Gabriel Shaheen director 1540 PARILLA CIRCLE, TRINITY FL 34655
Keith E Busse director 7575 W. JEFFERSON BLVD., FORT WAYNE IN 46804
James Stanley Anderson officer: Senior Vice President 203 E BERRY STREET, AWB SUITE 804, FORT WAYNE IN 46802
Luis Manuel Sierra director 1555 CORAOPOLIS HEIGHTS ROAD, MOON TOWNSHIP PA 15108
Miguel Alvarez officer: Senior Vice President 7575 WEST JEFFERSON BLVD., FORT WAYNE IN 46804
Mark D Millett director, officer: President and CEO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Theresa E Wagler officer: Executive Vice President & CFO 7575 W JEFFERSON BLVD, FORT WAYNE IN 46804
Russell B Rinn officer: Executive Vice President 7575 WEST JEFFERSON BOULEVARD, FORT WAYNE IN 46804
Kenneth W. Cornew director 10 SOUTH DEARBORN STREET, 54TH FLOOR, CHICAGO IL 60603

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