Radius Recycling (FRA:SS1A) Days Sales Outstanding : 30.09 (As of Feb. 2024)

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What is Radius Recycling Days Sales Outstanding?

Radius Recycling's average Accounts Receivable for the three months ended in Feb. 2024 was €190 Mil. Radius Recycling's Revenue for the three months ended in Feb. 2024 was €576 Mil. Hence, Radius Recycling's Days Sales Outstanding for the three months ended in Feb. 2024 was 30.09.

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

FRA:SS1A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.37 Med: 27.27 Max: 30.42
Current: 29.98

During the past 13 years, Radius Recycling's highest Days Sales Outstanding was 30.42. The lowest was 23.37. And the median was 27.27.

FRA:SS1A's Days Sales Outstanding is ranked better than
72% of 600 companies
in the Steel industry
Industry Median: 49.885 vs FRA:SS1A: 29.98

Radius Recycling's Days Sales Outstanding increased from Feb. 2023 (28.35) to Feb. 2024 (30.09).

Radius Recycling Days Sales Outstanding Historical Data

The historical data trend for Radius Recycling'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.

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Radius Recycling Days Sales Outstanding Chart

Radius Recycling Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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26.43

31.34

23.32

22.10

29.52

Radius Recycling Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															28.35	30.53	32.34	27.14	30.09

Competitive Comparison of Radius Recycling's Days Sales Outstanding

For the Steel subindustry, Radius Recycling'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.

Radius Recycling's Days Sales Outstanding Distribution in the Steel Industry

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

* The bar in red indicates where Radius Recycling's Days Sales Outstanding falls into.

Radius Recycling 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.

Radius Recycling's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (234.564	+	192.975)	/	2 )	/	2642.999	*	365
=	213.7695					/	2642.999	*	365
=	29.52

Radius Recycling's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (176.867	+	202.777)	/	2 )	/	575.722	*	365 / 4
=	189.822					/	575.722	*	365 / 4
=	30.09

Radius Recycling (FRA:SS1A) Days Sales Outstanding Explanation

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

Radius Recycling Days Sales Outstanding Related Terms

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Radius Recycling (FRA:SS1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Radius Recycling Inc (FRA:SS1A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RDUS:USA

Address

299 SW Clay Street, Suite 350, Portland, OR, USA, 97201

Website

https://www.radiusrecycling.com

Schnitzer Steel Industries Inc is one of the ferrous and nonferrous scrap metal recyclers in the U.S. Its metal recycling business collects and recycles auto bodies, rail cars, appliances, machinery, and construction demolition. Additionally, Schnitzer operates an auto-parts business that purchases obsolete vehicles and sells any useful parts to retail customers and a steelmaking business that supplies construction products along the U.S. West Coast.

Radius Recycling (FRA:SS1A) Headlines

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