Dorel Industries (Dorel Industries) Days Sales Outstanding

: 52.18 (As of Dec. 2023)

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Dorel Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $201 Mil. Dorel Industries's Revenue for the three months ended in Dec. 2023 was $351 Mil. Hence, Dorel Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.18.

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

DIIBF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.74 Med: 57.56 Max: 90.95
Current: 51.03

During the past 13 years, Dorel Industries's highest Days Sales Outstanding was 90.95. The lowest was 50.74. And the median was 57.56.

DIIBF's Days Sales Outstanding is ranked better than
53.57% of 420 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.125 vs DIIBF: 51.03

Dorel Industries's Days Sales Outstanding declined from Dec. 2022 (54.98) to Dec. 2023 (52.18).

Dorel Industries Days Sales Outstanding Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

55.65

89.76

73.09

52.48

51.61

Dorel Industries 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																54.98	50.39	49.62	50.97	52.18

Competitive Comparison

For the Furnishings, Fixtures & Appliances subindustry, Dorel Industries'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.

Dorel Industries Days Sales Outstanding Distribution

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Dorel Industries's Days Sales Outstanding distribution charts can be found below:

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

Dorel Industries 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.

Dorel Industries'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
=	( (193.03	+	199.718)	/	2 )	/	1388.748	*	365
=	196.374					/	1388.748	*	365
=	51.61

Dorel Industries'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
=	( (201.337	+	199.718)	/	2 )	/	350.679	*	365 / 4
=	200.5275					/	350.679	*	365 / 4
=	52.18

Dorel Industries (OTCPK:DIIBF) Days Sales Outstanding Explanation

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

Dorel Industries Days Sales Outstanding Related Terms

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Dorel Industries (Dorel Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (OTCPK:DIIBF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DO4B:Germany DII.B:Canada DII.A:Canada

Address

1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4

Website

https://www.dorel.com

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.