Griffon (Griffon) Days Sales Outstanding

: 43.42 (As of Dec. 2023)

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Griffon's average Accounts Receivable for the three months ended in Dec. 2023 was $306 Mil. Griffon's Revenue for the three months ended in Dec. 2023 was $643 Mil. Hence, Griffon's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.42.

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

GFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.06 Med: 47.07 Max: 58.71
Current: 46.55

During the past 13 years, Griffon's highest Days Sales Outstanding was 58.71. The lowest was 42.06. And the median was 47.07.

GFF's Days Sales Outstanding is ranked better than
66.67% of 495 companies
in the Conglomerates industry
Industry Median: 61.68 vs GFF: 46.55

Griffon's Days Sales Outstanding declined from Dec. 2022 (50.04) to Dec. 2023 (43.42).

Griffon Days Sales Outstanding Historical Data

The historical data trend for Griffon'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.

Griffon Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

53.06

47.94

46.07

42.06

45.81

Griffon 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																50.04	47.28	49.77	47.79	43.42

Competitive Comparison

For the Conglomerates subindustry, Griffon'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.

Griffon Days Sales Outstanding Distribution

For the Conglomerates industry and Industrials sector, Griffon's Days Sales Outstanding distribution charts can be found below:

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

Griffon 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.

Griffon's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (361.653	+	312.432)	/	2 )	/	2685.183	*	365
=	337.0425					/	2685.183	*	365
=	45.81

Griffon'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
=	( (312.432	+	299.594)	/	2 )	/	643.153	*	365 / 4
=	306.013					/	643.153	*	365 / 4
=	43.42

Griffon (NYSE:GFF) Days Sales Outstanding Explanation

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

Griffon Days Sales Outstanding Related Terms

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Griffon (Griffon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Griffon Corp (NYSE:GFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GFF:Germany

Address

712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019

Website

https://www.griffon.com

Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products and Home and Building Products. The company generates a majority of its revenue from the Home and Building Products segment.

Executives

Voss Value-oriented Special Situations Fund, Lp	director	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, L.p.	director	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Value Master Fund, Lp	director, other: See Remarks	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Travis W. Cocke	director, other: See Remarks	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Advisors Gp, Llc	director	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Voss Capital, Llc	director	3773 RICHMOND AVENUE, SUITE 500, HOUSTON TX 77046
Michelle L Taylor	director	712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 10019
Diao H.c. Charles	director	1775 TYSONS BOULEVARD, TYSONS VA 22102
Lacy M. Johnson	director	200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Louis J. Grabowsky	director	6605 ABERDEEN, DALLAS TX 75230
Henry A Alpert	director
Kevin F Sullivan	director	C/O GRIFFON CORPORATION, 712 FIFTH AVENUE, NEW YORK NY 10019
Jerome L Coben	director	5482 WILSHIRE BLVD., #1579, LOS ANGELES CA 90036
Thomas Brosig	director	C/O GIII APPAREL GROUP LTD, 512 SEVENTH AVE, NEW YORK NY 10018
Seth L. Kaplan	officer: Sr VP, Gen. Counsel and Secy	712 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10019