Fortune Brands Innovations (Fortune Brands Innovations) Days Sales Outstanding : 43.72 (As of Dec. 2023)

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What is Fortune Brands Innovations Days Sales Outstanding?

Fortune Brands Innovations's average Accounts Receivable for the three months ended in Dec. 2023 was $556 Mil. Fortune Brands Innovations's Revenue for the three months ended in Dec. 2023 was $1,161 Mil. Hence, Fortune Brands Innovations's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.72.

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

FBIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.5 Med: 38.87 Max: 68.52
Current: 44.42

During the past 13 years, Fortune Brands Innovations's highest Days Sales Outstanding was 68.52. The lowest was 37.50. And the median was 38.87.

FBIN's Days Sales Outstanding is ranked better than
77.57% of 1641 companies
in the Construction industry
Industry Median: 72.53 vs FBIN: 44.42

Fortune Brands Innovations's Days Sales Outstanding declined from Dec. 2022 (58.77) to Dec. 2023 (43.72).

Fortune Brands Innovations Days Sales Outstanding Historical Data

The historical data trend for Fortune Brands Innovations'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.

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Fortune Brands Innovations Days Sales Outstanding Chart

Fortune Brands Innovations Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.88

68.52

50.00

42.59

41.66

Fortune Brands Innovations 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	Get a 7-Day Free Trial															58.77	47.41	46.27	43.40	43.72

Competitive Comparison of Fortune Brands Innovations's Days Sales Outstanding

For the Building Products & Equipment subindustry, Fortune Brands Innovations'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.

Fortune Brands Innovations's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fortune Brands Innovations's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fortune Brands Innovations's Days Sales Outstanding falls into.

Fortune Brands Innovations 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.

Fortune Brands Innovations'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
=	( (521.8	+	534.2)	/	2 )	/	4626.2	*	365
=	528					/	4626.2	*	365
=	41.66

Fortune Brands Innovations'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
=	( (578.6	+	534.2)	/	2 )	/	1161.3	*	365 / 4
=	556.4					/	1161.3	*	365 / 4
=	43.72

Fortune Brands Innovations (NYSE:FBIN) Days Sales Outstanding Explanation

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

Fortune Brands Innovations Days Sales Outstanding Related Terms

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Fortune Brands Innovations (Fortune Brands Innovations) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Fortune Brands Innovations Inc (NYSE:FBIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

2FB:Germany 2FB:Germany

Address

520 Lake Cook Road, Suite 300, Deerfield, IL, USA, 60015-5611

Website

https://www.fbin.com

Fortune Brands Innovations is a leading home and security products company that operates two segments. The company's $2.6 billion plumbing segment, led by the Moen brand, sells faucets, showers, and other plumbing fixtures, and the $2.2 billion outdoors and security segment sells entry doors under the Therma-Tru brand name, Fiberon-branded patio decking, and locks and other security devices under the Master Lock and SentrySafe brand names.

Executives

Ann F Hackett	director
Amee Chande	director	520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Stephanie L. Pugliese	director	170 COUNTRYSIDE DRIVE, BELLEVILLE WI 53508
David V. Barry	officer: EVP & CFO	FORTUNE BRANDS INNOVATIONS, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Lee John Dong Gu	officer: EVP Chief Strategy & Growth	520 LAKE COOK ROAD, DEERFIELD IL 60015
Ron Wilson	officer: EVP, Chief Supply Chain	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Hiranda S Donoghue	officer: EVP Chief Legal & Secretary	520 LAKE COOK ROAD, DEERFIELD IL 60015
Cheri M Phyfer	officer: EVP, Group President	520 LAKE COOK ROAD, DEERFIELD IL 60015
Sheri Grissom	officer: EVP, CHRO & Transformation	13000 WEST SILVER SPRING DRIVE, BUTLER WI 53007
Nicholas I. Fink	director, officer: Chief Executive Officer	510 LAKE COOK ROAD, DEERFIELD IL 60015
Patrick D Hallinan	officer: EVP & CFO	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Mackay A D David	director
Martin Thomas	officer: SVP Ops &Supply Chain Strategy	FORTUNE BRANDS HOME & SECURITY, INC., SUITE 300, DEERFIELD IL 60015
May Russell	officer: SVP & CDO	520 LAKE COOK ROAD, DEERFIELD IL 60015
Danny Luburic	officer: Vice President & Controller	FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015