Salzgitter AG (CHIX:SZGD) Days Sales Outstanding : 46.02 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Salzgitter AG Days Sales Outstanding?

Salzgitter AG's average Accounts Receivable for the three months ended in Mar. 2024 was €1,351 Mil. Salzgitter AG's Revenue for the three months ended in Mar. 2024 was €2,678 Mil. Hence, Salzgitter AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.02.

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

CHIX:SZGd' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.56 Med: 54.66 Max: 68.72
Current: 53.5

During the past 13 years, Salzgitter AG's highest Days Sales Outstanding was 68.72. The lowest was 43.56. And the median was 54.66.

CHIX:SZGd's Days Sales Outstanding is ranked worse than
54.38% of 594 companies
in the Steel industry
Industry Median: 49.315 vs CHIX:SZGd: 53.50

Salzgitter AG's Days Sales Outstanding declined from Mar. 2023 (50.85) to Mar. 2024 (46.02).

Salzgitter AG Days Sales Outstanding Historical Data

The historical data trend for Salzgitter AG'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.

Salzgitter AG Days Sales Outstanding Chart

Salzgitter AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

53.07

52.56

44.41

43.56

46.77

Salzgitter AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															50.85	55.02	56.87	52.89	46.02

Competitive Comparison of Salzgitter AG's Days Sales Outstanding

For the Steel subindustry, Salzgitter AG'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.

Salzgitter AG's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Salzgitter AG's Days Sales Outstanding falls into.

Salzgitter AG 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.

Salzgitter AG'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
=	( (1543.8	+	1221.5)	/	2 )	/	10790.5	*	365
=	1382.65					/	10790.5	*	365
=	46.77

Salzgitter AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1221.5	+	1479.7)	/	2 )	/	2677.9	*	365 / 4
=	1350.6					/	2677.9	*	365 / 4
=	46.02

Salzgitter AG (CHIX:SZGd) Days Sales Outstanding Explanation

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

Salzgitter AG Days Sales Outstanding Related Terms

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

Salzgitter AG (CHIX:SZGD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Salzgitter AG (CHIX:SZGd) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SZGPY:USA 0G77:UK SZG:Germany

Address

Eisenhüttenstrasse 99, Salzgitter, DEU, 38239

Website

https://www.salzgitter-ag.com

Salzgitter AG is a German-based steel & technology company. The segments of the company are Steel Production, Steel Processing, Trading, & Technology business. The majority is derived from the trading segment. Steel Production Business Unit manufactures high-quality branded steel & special steel. Steel Processing Business Unit produce a broad spectrum of high-grade plate products. Trading Business Unit operates a tightly-knit European sales network & trading companies & agencies that ensure that Salzgitter Group's products & services are marketed efficiently. Technology Business Unit operates in the filling & packing technology segment, as well as in special machinery engineering for shoe manufacturing & elastomer production. Geographically, the majority is derived from domestic markets.

Salzgitter AG (CHIX:SZGD) Headlines

No Headlines