Watts Water Technologies (Watts Water Technologies) Days Sales Outstanding

: 43.12 (As of Dec. 2023)

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Watts Water Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $259 Mil. Watts Water Technologies's Revenue for the three months ended in Dec. 2023 was $548 Mil. Hence, Watts Water Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.12.

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

WTS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.92 Med: 49.1 Max: 51.88
Current: 45.88

During the past 13 years, Watts Water Technologies's highest Days Sales Outstanding was 51.88. The lowest was 41.92. And the median was 49.10.

WTS's Days Sales Outstanding is ranked better than
85.32% of 2957 companies
in the Industrial Products industry
Industry Median: 78.91 vs WTS: 45.88

Watts Water Technologies's Days Sales Outstanding declined from Dec. 2022 (44.62) to Dec. 2023 (43.12).

Watts Water Technologies Days Sales Outstanding Historical Data

The historical data trend for Watts Water Technologies'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 48.50 [6] => 50.49 [7] => 42.22 [8] => 41.92 [9] => 43.81 )

Watts Water Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

48.50

50.49

42.22

41.92

43.81

Watts Water Technologies 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																44.62	48.71	46.34	47.86	43.12

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Watts Water Technologies'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.

Watts Water Technologies Days Sales Outstanding Distribution

For the Industrial Products industry and Industrials sector, Watts Water Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Watts Water Technologies's Days Sales Outstanding falls into.

Watts Water Technologies 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.

Watts Water Technologies'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
=	( (233.8	+	259.8)	/	2 )	/	2056.3	*	365
=	246.8					/	2056.3	*	365
=	43.81

Watts Water Technologies'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
=	( (257.6	+	259.8)	/	2 )	/	547.5	*	365 / 4
=	258.7					/	547.5	*	365 / 4
=	43.12

Watts Water Technologies (NYSE:WTS) Days Sales Outstanding Explanation

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

Watts Water Technologies Days Sales Outstanding Related Terms

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Watts Water Technologies (Watts Water Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Watts Water Technologies Inc (NYSE:WTS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

W3W:Germany

Address

815 Chestnut Street, North Andover, MA, USA, 01845

Website

https://www.wattswater.com

Watts Water Technologies Inc is a U.S.-based company that provides safety, energy efficiency, and water conservation products. The company's product portfolio includes residential and commercial flow control products, which are sold for plumbing and hot water applications; HVAC and gas products, including commercial boilers, water heaters, heating solutions, and heating systems; drainage and water reuse products, including drainage products and engineered rainwater-harvesting solutions; and water quality products, including point-of-use and point-of-entry water filtration, conditioning, and scale prevention systems. The company generates the majority of its revenue from markets in the Americas and in Europe, the Middle East, and Africa.

Executives

Kenneth Robert Lepage	officer: General Counsel	WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Shashank Patel	officer: Chief Financial Officer	1 INTERNATIONAL DRIVE, RYE BROOK NY 10573
Elie Melhem	officer: President, Asia	WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Joseph T Noonan	director	WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Timothy P Horne	director, 10 percent owner	WATTS INDUSTRIES INC, ROUTE 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Pagano Robert J Jr	officer: President and CEO	WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST, NORTH ANDOVER MA 01845
Andre Dhawan	officer: Chief Operating Officer	WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Monica Barry	officer: Chief HR Officer	WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Munish Nanda	officer: President, Americas	1133 WESTCHESTER AVENUE, C/O ITT CORPORATION, WHITE PLAINS NY 10604
Michael J. Dubose	director	WATTS WATER TECHNOLOGIES INC., 815 CHESTNUT ST., NORTH ANDOVER MA 01845
Louise K Goeser	director	C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
Todd A Trapp	officer: Chief Financial Officer	C/O WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845
David A. Dunbar	director	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Jes Munk Hansen	director	815 CHESTNUT STREET, NORTH ANDOVER MA 01845
Jennifer Congdon	officer: Chief HR Officer	WATTS WATER TECHNOLOGIES, INC., 815 CHESTNUT STREET, NORTH ANDOVER MA 01845