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Strattec Security (Strattec Security) Days Sales Outstanding

: 60.92 (As of Dec. 2023)
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Strattec Security's average Accounts Receivable for the three months ended in Dec. 2023 was $79.1 Mil. Strattec Security's Revenue for the three months ended in Dec. 2023 was $118.5 Mil. Hence, Strattec Security's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.92.

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

STRT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.06   Med: 58.24   Max: 61.32
Current: 57.57

During the past 13 years, Strattec Security's highest Days Sales Outstanding was 61.32. The lowest was 42.06. And the median was 58.24.

STRT's Days Sales Outstanding is ranked better than
53.98% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.71 vs STRT: 57.57

Strattec Security's Days Sales Outstanding increased from Dec. 2022 (60.40) to Dec. 2023 (60.92).


Strattec Security Days Sales Outstanding Historical Data

The historical data trend for Strattec Security'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.

Strattec Security 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 59.23 59.77 42.06 58.81 61.32

Strattec Security 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 60.40 56.24 59.83 59.73 60.92

Competitive Comparison

For the Auto Parts subindustry, Strattec Security'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.


Strattec Security Days Sales Outstanding Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Strattec Security's Days Sales Outstanding distribution charts can be found below:

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



Strattec Security 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.

Strattec Security'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
=( (75.827 + 89.811) / 2 ) / 492.946*365
=82.819 / 492.946*365
=61.32

Strattec Security'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
=( (87.47 + 70.802) / 2 ) / 118.532*365 / 4
=79.136 / 118.532*365 / 4
=60.92

* 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.


Strattec Security  (NAS:STRT) Days Sales Outstanding Explanation

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


Strattec Security Days Sales Outstanding Related Terms

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


Strattec Security (Strattec Security) Business Description

Traded in Other Exchanges
Address
3333 West Good Hope Road, Milwaukee, WI, USA, 53209
Strattec Security Corp designs develops, manufactures and markets mechanical locks, electronically enhanced locks and keys. It also produces ignition lock housings; access control products, including latches, power sliding door systems, and door handles. Strattec ships products to customer locations in the United States, Canada, Mexico, Europe, South America, Korea and China, and provides full-service aftermarket support. Strattec also supplies products for the heavy truck and recreational vehicle markets, as well as precision, die castings.
Executives
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Liebau Frederic Jack Jr director P.O. BOX 2200, PASADENA CA 91102-2200
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Richard P Messina officer: VP-Strattec Power Access LLC C/O STRATTEC SECURITY CORPORATION, 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Dennis Bowe officer: Vice President and CFO 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Patrick J Hansen officer: Vice Pres., CFO and Secretary C/O MACHTEN, INC., 1516 BARLOW STREET, SUITE D, TRAVERSE CITY MI 49686
Frank Krejci director
Tina M Chang director 375 BISHOPS WAY, SUITE 105, BROOKFIELD WI 53005
Stratton Harold M Ii director, officer: Chairman of the Board & CEO P.O. BOX 8057, NAPLES FL 34101
Al-waleed H. Hamdan officer: VP of Product Management 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Rolando Guillot officer: Vice Pres.-Mexican Operations C/O STRATTEC SECURITY CORPORATION, 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209
Brian J Reetz officer: VP - Security Products C/O STRATTEC SECURITY CORPORATION, 3333 WEST GOOD HOPE ROAD, MILWAUKEE WI 53209