Textron's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1,472 Mil. Textron's Revenue for the
three
months ended in Dec. 2023 was $3,892 Mil.
Hence, Textron's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 34.51.
The historical rank and industry rank for Textron's Days Sales Outstanding or its related term are showing as below:
TXT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.29 Med: 50.45 Max: 62.4
Current: 39.33
During the past 13 years, Textron's highest Days Sales Outstanding was 62.40. The lowest was 38.29. And the median was 50.45.
TXT's Days Sales Outstanding is ranked better than 77.15% of 302
companies
in the Aerospace & Defense industry
Industry Median: 63.895
vs TXT: 39.33
Textron's Days Sales Outstanding
declined
from Dec. 2022 (35.39) to Dec. 2023 (34.51).
Textron Days Sales Outstanding Historical Data
The historical data trend for Textron'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.
For the Aerospace & Defense subindustry, Textron'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.
Textron Days Sales Outstanding Distribution
For the Aerospace & Defense industry and Industrials sector, Textron's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Textron's Days Sales Outstanding falls into.
Textron 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.
Textron (NYSE:TXT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Textron Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Textron's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Textron is a conglomerate that mostly designs, manufactures, and services a range of specialty aircraft including small jets, propeller-driven airplanes, helicopters, and tilt-rotor aircraft. The firm's aviation segment manufactures and services Cessna and Beechcraft planes. Bell is a helicopter and tilt-rotor manufacturer and servicer for both commercial and military customers. Textron Systems produces uncrewed aircraft and armored vehicles for the military market as well as aircraft simulators and training for the commercial and military markets. Textron Industrial contains the Kautex business that manufactures plastic fuel tanks for conventional and hybrid motor vehicles and other subsidiaries that produce specialized vehicles such as golf carts, snowmobiles, and all-terrain vehicles.
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