GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Eastern Co (NAS:EML) » Definitions » Days Sales Outstanding

The Eastern Co (The Eastern Co) Days Sales Outstanding : 54.42 (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is The Eastern Co Days Sales Outstanding?

The Eastern Co's average Accounts Receivable for the three months ended in Dec. 2023 was $39.9 Mil. The Eastern Co's Revenue for the three months ended in Dec. 2023 was $67.0 Mil. Hence, The Eastern Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.42.

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

EML' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.44   Med: 48.36   Max: 64.41
Current: 55.86

During the past 13 years, The Eastern Co's highest Days Sales Outstanding was 64.41. The lowest was 40.44. And the median was 48.36.

EML's Days Sales Outstanding is ranked better than
75.25% of 2957 companies
in the Industrial Products industry
Industry Median: 79.37 vs EML: 55.86

The Eastern Co's Days Sales Outstanding declined from Dec. 2022 (61.92) to Dec. 2023 (54.42).


The Eastern Co Days Sales Outstanding Historical Data

The historical data trend for The Eastern 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.

The Eastern Co Days Sales Outstanding Chart

The Eastern Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.46 64.41 55.49 56.23 53.35

The Eastern 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 Get a 7-Day Free Trial 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 61.92 54.99 57.73 58.96 54.42

Competitive Comparison of The Eastern Co's Days Sales Outstanding

For the Tools & Accessories subindustry, The Eastern 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.


The Eastern Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, The Eastern Co's Days Sales Outstanding distribution charts can be found below:

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



The Eastern 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.

The Eastern 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
=( (42.886 + 37.057) / 2 ) / 273.455*365
=39.9715 / 273.455*365
=53.35

The Eastern 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
=( (42.839 + 37.057) / 2 ) / 66.986*365 / 4
=39.948 / 66.986*365 / 4
=54.42

* 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.


The Eastern Co  (NAS:EML) Days Sales Outstanding Explanation

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


The Eastern Co Days Sales Outstanding Related Terms

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


The Eastern Co (The Eastern Co) Business Description

Traded in Other Exchanges
N/A
Address
3 Enterprise Drive, Suite 408, Shelton, CT, USA, 06484
The Eastern Co manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. It operates in United States and Other Countries, and generates majority of the revenue from United States.
Executives
Frederick D. Disanto director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
Mark Anthony Hernandez director 112 BRIDGE STREET, NAUGATUCK CT 06770
Michael J Mardy director
Charles W Henry director 62 TUNXIS VILLAGE, FARMINGTON CT 06032
James A Mitarotonda director, 10 percent owner 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Nicholas Alec Vlahos officer: Chief Financial Officer 3 ENTERPRISE DRIVE SUITE 408, SHELTON CT 06484
Peter S. O'hara officer: Chief Financial Officer 112 BRIDGE STREET, NAUGATUCK CT 06770
Barington Capital Group L P director, 10 percent owner 888 SEVENTH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Barington Companies Equity Partners L P director, 10 percent owner 888 SEVENTH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Barington Companies Investors, Llc director, 10 percent owner C/O BARINGTON CAPITAL GROUP, L.P., 888 SEVENTH AVENUE, 17TH FLOOR, NEW YORK NY 10019
James P. Woidke officer: Chief Operating Officer 112 BRIDGE STREET, NAUGATUCK CT 06770
Sullivan John L Iii officer: VP, Sect'y and Treas 13 CEDAR DRIVE, CROMWELL CT 06416
August M. Vlak officer: President & CEO 112 BRIDGE STREET, NAUGATUCK CT 06770
Peggy Scott director 15438 NORTH FLORIDA AVENUE, SUITE 201, TAMPA FL 33613
Angelo Labbadia officer: Vice President & COO 230 SYCAMORE DRIVE, PROSPECT CT 06712