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Waste Management (Waste Management) Days Sales Outstanding

: 46.17 (As of Dec. 2023)
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Waste Management's average Accounts Receivable for the three months ended in Dec. 2023 was $2,640 Mil. Waste Management's Revenue for the three months ended in Dec. 2023 was $5,217 Mil. Hence, Waste Management's Days Sales Outstanding for the three months ended in Dec. 2023 was 46.17.

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

WM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.85   Med: 44.35   Max: 48.52
Current: 45.51

During the past 13 years, Waste Management's highest Days Sales Outstanding was 48.52. The lowest was 42.85. And the median was 44.35.

WM's Days Sales Outstanding is ranked better than
76.19% of 231 companies
in the Waste Management industry
Industry Median: 73.09 vs WM: 45.51

Waste Management's Days Sales Outstanding increased from Dec. 2022 (45.42) to Dec. 2023 (46.17).


Waste Management Days Sales Outstanding Historical Data

The historical data trend for Waste Management'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.

Waste Management 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 45.82 48.52 44.53 43.91 45.51

Waste Management 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 45.42 45.50 44.51 45.84 46.17

Competitive Comparison

For the Waste Management subindustry, Waste Management'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.


Waste Management Days Sales Outstanding Distribution

For the Waste Management industry and Industrials sector, Waste Management's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Waste Management's Days Sales Outstanding falls into.



Waste Management 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.

Waste Management'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
=( (2461 + 2633) / 2 ) / 20426*365
=2547 / 20426*365
=45.51

Waste Management'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
=( (2646 + 2633) / 2 ) / 5217*365 / 4
=2639.5 / 5217*365 / 4
=46.17

* 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.


Waste Management  (NYSE:WM) Days Sales Outstanding Explanation

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


Waste Management Days Sales Outstanding Related Terms

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Waste Management (Waste Management) Business Description

Address
800 Capitol Street, Suite 3000, Houston, TX, USA, 77002
WM ranks as the largest integrated provider of traditional solid waste services in the United States, operating 259 active landfills and about 337 transfer stations. The company serves residential, commercial, and industrial end markets and is also a leading recycler in North America.
Executives
Charles C Boettcher officer: Sr VP Chief Legal Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Fish James C Jr officer: SVP, Eastern Group 800 CAPITOL STREET 3000, HOUSTON TX 77002
John C Pope director 810 S. RIDGE RD, LAKE FOREST IL 60045
John A. Carroll officer: VP & Chief Accounting Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Tara J. Hmmer officer: SVP Operat Safety Envir Compl 800 CAPITOL STREET 3000, HOUSTON X1 77002
Michael J. Watson officer: Sr. VP-Chief Customer Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Christopher P. Desantis officer: SVP Operations - East 800 CAPITOL STREET 3000, HOUSTON TX 77002
Bruce E. Chinn director 800 CAPITOL STREET 3000, HOUSTON TX 77002
John J Morris officer: Chief Strategy Officer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Devina A Rankin officer: VP & Treasurer 800 CAPITOL STREET 3000, HOUSTON TX 77002
Rafael Carrasco officer: SVP Operations 800 CAPITOL STREET 3000, HOUSTON TX 77002
Kelly C. Rooney officer: SVP Chief People Officer 800 CAPITOL STREET #3000, HOUSTON TX 77002
Leslie K Nagy officer: VP & Chief Accounting Officer 5 GREENWAY PLAZA, SUITE 100, HOUSTON TX 77046
Donald J Smith officer: Sr. VP - Operations 800 CAPITOL STREET 3000, HOUSTON TX 77002
Nikolaj H Sjoqvist officer: SVP, Chief Digital Officer 800 CAPITOL STREET 3000, HOUSTON X1 77002