ABM Industries (ABM Industries) Days Sales Outstanding : 60.56 (As of Jan. 2024)

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What is ABM Industries Days Sales Outstanding?

ABM Industries's average Accounts Receivable for the three months ended in Jan. 2024 was $1,374 Mil. ABM Industries's Revenue for the three months ended in Jan. 2024 was $2,070 Mil. Hence, ABM Industries's Days Sales Outstanding for the three months ended in Jan. 2024 was 60.56.

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

ABM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.29 Med: 56.93 Max: 61.63
Current: 60.22

During the past 13 years, ABM Industries's highest Days Sales Outstanding was 61.63. The lowest was 53.29. And the median was 56.93.

ABM's Days Sales Outstanding is ranked worse than
52.55% of 1039 companies
in the Business Services industry
Industry Median: 58.23 vs ABM: 60.22

ABM Industries's Days Sales Outstanding increased from Jan. 2023 (59.53) to Jan. 2024 (60.56).

ABM Industries Days Sales Outstanding Historical Data

The historical data trend for ABM Industries'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.

ABM Industries Days Sales Outstanding Chart

ABM Industries Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Sales Outstanding

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56.93

56.92

58.35

56.48

59.59

ABM Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															59.53	61.27	60.22	58.79	60.56

Competitive Comparison of ABM Industries's Days Sales Outstanding

For the Specialty Business Services subindustry, ABM Industries'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.

ABM Industries's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ABM Industries's Days Sales Outstanding distribution charts can be found below:

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

ABM Industries 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.

ABM Industries's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (1278.7	+	1365)	/	2 )	/	8096.4	*	365
=	1321.85					/	8096.4	*	365
=	59.59

ABM Industries's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (1365	+	1382)	/	2 )	/	2069.6	*	365 / 4
=	1373.5					/	2069.6	*	365 / 4
=	60.56

ABM Industries (NYSE:ABM) Days Sales Outstanding Explanation

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

ABM Industries Days Sales Outstanding Related Terms

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ABM Industries (ABM Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ABM Industries Inc (NYSE:ABM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AB4:Germany AB4:Germany

Address

One Liberty Plaza, 7th Floor, New York, NY, USA, 10006

Website

https://www.abm.com

ABM Industries Inc is a provider of integrated facility solutions. It offers its solutions through five segments: Business and Industry, Manufacturing and Distribution, Education, Aviation and Technical solutions. The company derives the majority of its revenue from the business and industry segment, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties and sports and entertainment venues, as well as vehicle maintenance and other services to rental car providers. The company mainly operates in the United States of America.

Executives

Rene Jacobsen	officer: Pres - Business & Industry	551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Andrea R Newborn	officer: EVP/GEN. COUNSEL/CORP. SECTY.	ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott B Salmirs	officer: Executive Vice President	551 FIFTH AVE, SUITE 300, NEW YORK NY 10176
Dean A Chin	officer: SVP - Chief Accounting Officer	551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
James David Devries	director	ALLSTATE INSURANCE COMPANY, 2775 SANDERS ROAD, NORTHBROOK IL 60062
Joshua H Feinberg	officer: Executive Vice President	ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Raul Javier Valentin	officer: EVP and CHRO	ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Linda Chavez	director
Art A Garcia	director	11690 N.W. 105TH STREET, MIAMI FL 33178
Quincy L Allen	director	6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Earl Ray Ellis	officer: EVP & Chief Financial Officer	ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Sean Michael Mahoney	officer: EVP, President-Sales & Mktng	ONE LIBERTY PLAZA, 7TH FLOOR, NEW YORK NY 10006
Scott J Giacobbe	officer: Pres - Building & Energy	551 FIFTH AVENUE, SUITE 300, NEW YORK NY 10176
Diego Anthony Scaglione	officer: SVP/Treasurer	6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Jill Golder	director	305 HARTMANN DRIVE, LEBANON TN 37087