Kadant's average Accounts Receivable for the
three
months ended in Dec. 2023 was $137.0 Mil. Kadant's Revenue for the
three
months ended in Dec. 2023 was $238.7 Mil.
Hence, Kadant's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 52.38.
The historical rank and industry rank for Kadant's Days Sales Outstanding or its related term are showing as below:
KAI'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.43 Med: 53.15 Max: 58.44
Current: 51.16
During the past 13 years, Kadant's highest Days Sales Outstanding was 58.44. The lowest was 48.43. And the median was 53.15.
KAI's Days Sales Outstanding is ranked better than 79.89% of 2958
companies
in the Industrial Products industry
Industry Median: 79.14
vs KAI: 51.16
Kadant's Days Sales Outstanding
increased
from Dec. 2022 (50.82) to Dec. 2023 (52.38).
Kadant Days Sales Outstanding Historical Data
The historical data trend for Kadant'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.
Competitive Comparison of Kadant's Days Sales Outstanding
For the Specialty Industrial Machinery subindustry, Kadant'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.
Kadant's Days Sales Outstanding Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Kadant's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Kadant's Days Sales Outstanding falls into.
Kadant 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.
Kadant (NYSE:KAI) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Kadant Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Kadant's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Kadant Inc. supplies process and engineering equipment for papermaking, recycling, lumber manufacturing, and related industries. The company's three reportable segments are: Flow Control segment which consists of the fluid-handling and doctoring, cleaning, & filtration product lines; Industrial Processing segment which consists of the wood processing and stock-preparation product lines; and Material handling systems, which provides conveyor-belt equipment for industries such as mining, food processing, and packaging. The company has a global presence with sizable revenue from the U.S., Europe, Asia, and Canada.
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