Spirax-Sarco Engineering (Spirax-Sarco Engineering) Days Sales Outstanding

: 67.60 (As of Dec. 2023)

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Spirax-Sarco Engineering's average Accounts Receivable for the six months ended in Dec. 2023 was $390 Mil. Spirax-Sarco Engineering's Revenue for the six months ended in Dec. 2023 was $1,053 Mil. Hence, Spirax-Sarco Engineering's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.60.

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

SPXSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.68 Med: 73.9 Max: 84.19
Current: 69.28

During the past 13 years, Spirax-Sarco Engineering's highest Days Sales Outstanding was 84.19. The lowest was 67.68. And the median was 73.90.

SPXSF's Days Sales Outstanding is ranked better than
59.76% of 2957 companies
in the Industrial Products industry
Industry Median: 78.91 vs SPXSF: 69.28

Spirax-Sarco Engineering's Days Sales Outstanding declined from Dec. 2022 (69.53) to Dec. 2023 (67.60).

Spirax-Sarco Engineering Days Sales Outstanding Historical Data

The historical data trend for Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

70.13

70.50

68.01

72.34

68.12

Spirax-Sarco Engineering Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																67.88	73.61	69.53	69.31	67.60

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Spirax-Sarco Engineering'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.

Spirax-Sarco Engineering Days Sales Outstanding Distribution

For the Industrial Products industry and Industrials sector, Spirax-Sarco Engineering's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Spirax-Sarco Engineering's Days Sales Outstanding falls into.

Spirax-Sarco Engineering 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.

Spirax-Sarco Engineering'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
=	( (415.469	+	379.494)	/	2 )	/	2129.873	*	365
=	397.4815					/	2129.873	*	365
=	68.12

Spirax-Sarco Engineering'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (400.505	+	379.494)	/	2 )	/	1052.911	*	365 / 2
=	389.9995					/	1052.911	*	365 / 2
=	67.60

Spirax-Sarco Engineering (OTCPK:SPXSF) Days Sales Outstanding Explanation

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

Spirax-Sarco Engineering Days Sales Outstanding Related Terms

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Spirax-Sarco Engineering (Spirax-Sarco Engineering) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Spirax-Sarco Engineering PLC (OTCPK:SPXSF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SPXSY:USA SPXl:UK SPX:UK 1LNB:Germany

Address

Cirencester Road, Charlton House, Cheltenham, Gloucestershire, GBR, GL53 8ER

Website

https://www.spiraxsarcoengineering.com

Spirax-Sarco is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax-Sarco has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.

Spirax-Sarco Engineering (Spirax-Sarco Engineering) Headlines

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