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Matson (Matson) Days Sales Outstanding

: 33.81 (As of Dec. 2023)
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Matson's average Accounts Receivable for the three months ended in Dec. 2023 was $292 Mil. Matson's Revenue for the three months ended in Dec. 2023 was $789 Mil. Hence, Matson's Days Sales Outstanding for the three months ended in Dec. 2023 was 33.81.

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

MATX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.73   Med: 34.76   Max: 40.45
Current: 33.52

During the past 13 years, Matson's highest Days Sales Outstanding was 40.45. The lowest was 25.73. And the median was 34.76.

MATX's Days Sales Outstanding is ranked better than
66.98% of 969 companies
in the Transportation industry
Industry Median: 45.48 vs MATX: 33.52

Matson's Days Sales Outstanding declined from Dec. 2022 (33.98) to Dec. 2023 (33.81).


Matson Days Sales Outstanding Historical Data

The historical data trend for Matson'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.

Matson Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.59 35.17 27.76 25.73 32.31

Matson 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.98 35.70 33.51 32.54 33.81

Competitive Comparison

For the Marine Shipping subindustry, Matson'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.


Matson Days Sales Outstanding Distribution

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

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



Matson 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.

Matson'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
=( (268.5 + 279.4) / 2 ) / 3094.6*365
=273.95 / 3094.6*365
=32.31

Matson'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
=( (305.2 + 279.4) / 2 ) / 788.9*365 / 4
=292.3 / 788.9*365 / 4
=33.81

* 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.


Matson  (NYSE:MATX) Days Sales Outstanding Explanation

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


Matson Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Matson's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Matson (Matson) Business Description

Traded in Other Exchanges
Address
1411 Sand Island Parkway, Honolulu, HI, USA, 96819
Matson Inc is engaged in providing ocean transportation and logistics services. The business segments of the company are ocean transportation which provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific, and logistics which offers long haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from ocean transportation.
Executives
Grace M Cerocke officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Richard S Kinney officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Laura L Rascon officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Christopher A Scott officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Angoco Vic S Jr officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Matthew J Cox officer: CFO of wholly-owned subsidiary 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Kuuhaku T Park officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Peter T Heilmann officer: SVP & Chief Legal Officer 555 12TH STREET, OAKLAND CA 94607
Leonard P Isotoff officer: Senior Vice President 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
Mark H Fukunaga director MATSON, INC., 1411 SAND ISLAND PARKWAY, HONOLULU HI 96819
John P Lauer officer: Senior Vice President 555 12TH STREET, OAKLAND CA 94607
Kevin L Stuck officer: VP and Controller 426 N. 44TH STREET, 2ND FL., PHOENIX AZ 85008
Rusty K Rolfe officer: Senior Vice President, other: President of Matson Logistics 1855 GATEWAY BOULEVARD, CONCORD CA 94520
Jenai S Wall director 999 BISHOP STREET, HONOLULU HI 96813
Thomas B Fargo director P.O. BOX 730, HONOLULU HI 96808