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SBE-Varvit SpA (MIL:VARV) Days Sales Outstanding : 84.86 (As of Jun. 2023)


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What is SBE-Varvit SpA Days Sales Outstanding?

SBE-Varvit SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €102.4 Mil. SBE-Varvit SpA's Revenue for the six months ended in Jun. 2023 was €220.2 Mil. Hence, SBE-Varvit SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 84.86.

The historical rank and industry rank for SBE-Varvit SpA's Days Sales Outstanding or its related term are showing as below:

MIL:VARV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.86   Med: 83.06   Max: 91.67
Current: 91.67

During the past 2 years, SBE-Varvit SpA's highest Days Sales Outstanding was 91.67. The lowest was 77.86. And the median was 83.06.

MIL:VARV's Days Sales Outstanding is ranked worse than
60.05% of 2951 companies
in the Industrial Products industry
Industry Median: 79.82 vs MIL:VARV: 91.67

SBE-Varvit SpA's Days Sales Outstanding increased from Jun. 2022 (66.61) to Jun. 2023 (84.86).

SBE-Varvit SpA Days Sales Outstanding Historical Data

The historical data trend for SBE-Varvit SpA'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.

SBE-Varvit SpA Days Sales Outstanding Chart

SBE-Varvit SpA Annual Data
Trend Dec21 Dec22
Days Sales Outstanding
88.26 77.86

SBE-Varvit SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding - 66.61 90.16 84.86

Competitive Comparison of SBE-Varvit SpA's Days Sales Outstanding

For the Tools & Accessories subindustry, SBE-Varvit SpA'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.

SBE-Varvit SpA's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SBE-Varvit SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where SBE-Varvit SpA's Days Sales Outstanding falls into.


SBE-Varvit SpA 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.

SBE-Varvit SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (74.793 + 92.634) / 2 ) / 392.449*365
=83.7135 / 392.449*365
=77.86

SBE-Varvit SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (92.634 + 112.187) / 2 ) / 220.244*365 / 2
=102.4105 / 220.244*365 / 2
=84.86

* 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.

SBE-Varvit SpA  (MIL:VARV) Days Sales Outstanding Explanation

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

SBE-Varvit SpA Days Sales Outstanding Related Terms

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SBE-Varvit SpA (MIL:VARV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (MIL:VARV) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
O4W:Germany
Address
Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122
Website
https://www.sbe.it
SBE-Varvit SpA is a company involved in the production of fasteners, mechanical fastening joints of fundamental importance for many industrial sectors. It is able to serve a large number of sectors by offering over twenty seven thousand references including screws, nuts and cold-pressed products, of which forteen thousand are manufactured internally, at its fully verticalized production facilities.

SBE-Varvit SpA (MIL:VARV) Headlines

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