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Sherwin-Williams Co (Sherwin-Williams Co) Days Sales Outstanding

: 46.99 (As of Dec. 2023)
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Sherwin-Williams Co's average Accounts Receivable for the three months ended in Dec. 2023 was $2,704 Mil. Sherwin-Williams Co's Revenue for the three months ended in Dec. 2023 was $5,252 Mil. Hence, Sherwin-Williams Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.99.

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

SHW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.1   Med: 40.53   Max: 44.33
Current: 44.33

During the past 13 years, Sherwin-Williams Co's highest Days Sales Outstanding was 44.33. The lowest was 36.10. And the median was 40.53.

SHW's Days Sales Outstanding is ranked better than
73.13% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs SHW: 44.33

Sherwin-Williams Co's Days Sales Outstanding declined from Dec. 2022 (47.64) to Dec. 2023 (46.99).


Sherwin-Williams Co Days Sales Outstanding Historical Data

The historical data trend for Sherwin-Williams Co'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.

Sherwin-Williams Co 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 41.88 41.42 40.54 40.51 39.83

Sherwin-Williams Co 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 47.64 45.88 44.06 45.19 46.99

Competitive Comparison

For the Specialty Chemicals subindustry, Sherwin-Williams Co'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.


Sherwin-Williams Co Days Sales Outstanding Distribution

For the Chemicals industry and Basic Materials sector, Sherwin-Williams Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sherwin-Williams Co's Days Sales Outstanding falls into.



Sherwin-Williams Co 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.

Sherwin-Williams Co'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
=( (2563.6 + 2467.9) / 2 ) / 23051.9*365
=2515.75 / 23051.9*365
=39.83

Sherwin-Williams Co'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
=( (2940.9 + 2467.9) / 2 ) / 5252.2*365 / 4
=2704.4 / 5252.2*365 / 4
=46.99

* 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.


Sherwin-Williams Co  (NYSE:SHW) Days Sales Outstanding Explanation

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


Sherwin-Williams Co Days Sales Outstanding Related Terms

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


Sherwin-Williams Co (Sherwin-Williams Co) Business Description

Address
101 West Prospect Avenue, Cleveland, OH, USA, 44115-1075
Sherwin-Williams is the largest provider of architectural paint in the United States. The company has over 4,900 stores and sells premium paint at higher price points than most competitors. Sherwin-Williams also sells paint-related products in big-box stores and provides coatings for original equipment manufacturers.
Executives
Mary L Garceau officer: SVP, Gen. Counsel & Secretary 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Heidi G Petz officer: President, Consumer Brands Grp 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
John G Morikis officer: President, Paint Stores Group C/O THE SHERWIN WILLIAMS CO, 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas L Williams director 6035 PARKLAND BOULEVARD, CLEVELAND OH 44124
Gregory P. Sofish officer: SVP - Human Resources 101 WEST PROSPECT AVENUE, 1180 MIDLAND BUILDING, CLEVELAND OH 44115
Justin T Binns officer: President, Perf Coatings Grp 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Karl J Jorgenrud officer: President, Perf Coatings Group 101 WEST PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Todd D Rea officer: President, Consumer Brands Grp 101 W. PROSPECT AVENUE, 1180 MIDLAND, CLEVELAND OH 44115
Bryan J Young officer: SVP - Corp Strategy & Devel. 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Joseph F Sladek officer: Pres. & GM, Glob. Supply Chain 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Marta R Stewart director C/O NORFOLK SOUTHERN CORP, THREE COMMERCIAL PL, NORFOLK VA 23510-9219
Peter J. Ippolito officer: President, The Americas Group 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Jane M. Cronin officer: SVP - Corporate Controller 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Thomas P Gilligan officer: SVP-Human Resources 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Brian E Padden officer: President, Consumer Brands Grp 101 W. PROSPECT, CLEVELAND OH 44115

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