Olympic Steel's average Accounts Receivable for the
three
months ended in Dec. 2023 was $209 Mil. Olympic Steel's Revenue for the
three
months ended in Dec. 2023 was $489 Mil.
Hence, Olympic Steel's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 39.06.
The historical rank and industry rank for Olympic Steel's Days Sales Outstanding or its related term are showing as below:
ZEUS'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.38 Med: 34.06 Max: 42.17
Current: 37.33
During the past 13 years, Olympic Steel's highest Days Sales Outstanding was 42.17. The lowest was 30.38. And the median was 34.06.
ZEUS's Days Sales Outstanding is ranked better than 62.67% of 600
companies
in the Steel industry
Industry Median: 49.98
vs ZEUS: 37.33
Olympic Steel's Days Sales Outstanding
declined
from Dec. 2022 (43.79) to Dec. 2023 (39.06).
Olympic Steel Days Sales Outstanding Historical Data
The historical data trend for Olympic Steel'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 Steel subindustry, Olympic Steel'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.
Olympic Steel Days Sales Outstanding Distribution
For the Steel industry and Basic Materials sector, Olympic Steel's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Olympic Steel's Days Sales Outstanding falls into.
Olympic Steel 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.
Olympic Steel (NAS:ZEUS) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Olympic Steel Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Olympic Steel's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Olympic Steel (Olympic Steel) Business Description
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
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