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Fastenal Co (BSP:FASL34) Days Sales Outstanding : 54.97 (As of Mar. 2024)


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What is Fastenal Co Days Sales Outstanding?

Fastenal Co's average Accounts Receivable for the three months ended in Mar. 2024 was R$5,685 Mil. Fastenal Co's Revenue for the three months ended in Mar. 2024 was R$9,437 Mil. Hence, Fastenal Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.97.

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

BSP:FASL34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.84   Med: 48.72   Max: 57.28
Current: 57.28

During the past 13 years, Fastenal Co's highest Days Sales Outstanding was 57.28. The lowest was 42.84. And the median was 48.72.

BSP:FASL34's Days Sales Outstanding is ranked better than
50.69% of 144 companies
in the Industrial Distribution industry
Industry Median: 57.455 vs BSP:FASL34: 57.28

Fastenal Co's Days Sales Outstanding increased from Mar. 2023 (53.26) to Mar. 2024 (54.97).


Fastenal Co Days Sales Outstanding Historical Data

The historical data trend for Fastenal 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.

Fastenal Co Days Sales Outstanding Chart

Fastenal 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 48.51 43.99 48.58 51.86 53.96

Fastenal Co 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 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 53.26 58.28 57.40 58.84 54.97

Competitive Comparison of Fastenal Co's Days Sales Outstanding

For the Industrial Distribution subindustry, Fastenal 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.


Fastenal Co's Days Sales Outstanding Distribution in the Industrial Distribution Industry

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

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



Fastenal 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.

Fastenal 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
=( (5314.639 + 5329.022) / 2 ) / 35997.361*365
=5321.8305 / 35997.361*365
=53.96

Fastenal Co'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
=( (5329.022 + 6041.493) / 2 ) / 9437.219*365 / 4
=5685.2575 / 9437.219*365 / 4
=54.97

* 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.


Fastenal Co  (BSP:FASL34) Days Sales Outstanding Explanation

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


Fastenal Co Days Sales Outstanding Related Terms

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Fastenal Co (BSP:FASL34) Business Description

Traded in Other Exchanges
Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, Fastenal has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,700 on-site locations, and 14 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply-chain solutions, such as vending and vendor-managed inventory.

Fastenal Co (BSP:FASL34) Headlines

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