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Advanced Drainage Systems (Advanced Drainage Systems) Days Sales Outstanding

: 40.87 (As of Dec. 2023)
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Advanced Drainage Systems's average Accounts Receivable for the three months ended in Dec. 2023 was $297 Mil. Advanced Drainage Systems's Revenue for the three months ended in Dec. 2023 was $662 Mil. Hence, Advanced Drainage Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 40.87.

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

WMS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.78   Med: 42.99   Max: 50.38
Current: 38.15

During the past 12 years, Advanced Drainage Systems's highest Days Sales Outstanding was 50.38. The lowest was 37.78. And the median was 42.99.

WMS's Days Sales Outstanding is ranked better than
83.3% of 1641 companies
in the Construction industry
Industry Median: 72.22 vs WMS: 38.15

Advanced Drainage Systems's Days Sales Outstanding declined from Dec. 2022 (43.90) to Dec. 2023 (40.87).


Advanced Drainage Systems Days Sales Outstanding Historical Data

The historical data trend for Advanced Drainage Systems'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.

Advanced Drainage Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.52 40.00 39.55 37.78 38.30

Advanced Drainage Systems 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 43.90 40.45 37.96 40.64 40.87

Competitive Comparison

For the Building Products & Equipment subindustry, Advanced Drainage Systems'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.


Advanced Drainage Systems Days Sales Outstanding Distribution

For the Construction industry and Industrials sector, Advanced Drainage Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Advanced Drainage Systems's Days Sales Outstanding falls into.



Advanced Drainage Systems 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.

Advanced Drainage Systems's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (339.585 + 304.974) / 2 ) / 3071.121*365
=322.2795 / 3071.121*365
=38.30

Advanced Drainage Systems'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
=( (352.562 + 240.81) / 2 ) / 662.367*365 / 4
=296.686 / 662.367*365 / 4
=40.87

* 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.


Advanced Drainage Systems  (NYSE:WMS) Days Sales Outstanding Explanation

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


Advanced Drainage Systems Days Sales Outstanding Related Terms

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Advanced Drainage Systems (Advanced Drainage Systems) Business Description

Traded in Other Exchanges
Address
4640 Trueman Boulevard, Hilliard, OH, USA, 43026
Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe; Infiltrator; International and Allied Products and Other. It generates maximum revenue from the Pipe segment. The company serves Agriculture; Aviation and Military; Mining; Residential; Transportation; Healthcare and Education and others.
Executives
Brian W. King officer: Executive Vice President C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Michael G. Huebert officer: Senior Vice President C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Tim A Makowski officer: SEE REMARKS (A) C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Robert M Klein officer: EVP, Sales C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLARD OH 43026
Anil Seetharam director 200 CLARENDON STREET, FLOOR 35, BOSTON MA 02116
Ross M Jones director ONE BOSTON PLACE, 33RD FL, BOSTON MA 02108
Alexander R Fischer director C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLARD OH 43026
Darin S. Harvey officer: EVP, Supply Chain & Logistics C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Craig J. Taylor officer: Executive Vice President C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Perez De La Mesa Manuel J director
Kevin C Talley officer: EVP and CAO C/O ADVANCED DRAINAGE SYSTEMS INC, 4640 TRUEMAN BOULEVARD, HILLIARD OH 43026
Kelly S. Gast director C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BLVD., HILLIARD OH 43026
Berkshire Partners Holdings Llc 10 percent owner 200 CLARENDON STREET, 35TH FLOOR, BOSTON MA 02116
Berkshire Fund Ix, L.p. 10 percent owner C/O NINTH BERKSHIRE ASSOCIATES LLC, 200 CLARENDON STREET, BOSTON MA 02116
Michael B. Coleman director C/O ADVANCED DRAINAGE SYSTEMS, INC., 4640 TRUEMAN BLVD., HILLIARD OH 43026