Illinois Tool Works (BSP:I1TW34) Days Sales Outstanding : 72.47 (As of Mar. 2024)

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What is Illinois Tool Works Days Sales Outstanding?

Illinois Tool Works's average Accounts Receivable for the three months ended in Mar. 2024 was R$15,713 Mil. Illinois Tool Works's Revenue for the three months ended in Mar. 2024 was R$19,785 Mil. Hence, Illinois Tool Works's Days Sales Outstanding for the three months ended in Mar. 2024 was 72.47.

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

BSP:I1TW34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.69 Med: 65.32 Max: 72.45
Current: 72.45

During the past 13 years, Illinois Tool Works's highest Days Sales Outstanding was 72.45. The lowest was 58.69. And the median was 65.32.

BSP:I1TW34's Days Sales Outstanding is ranked better than
56.97% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs BSP:I1TW34: 72.45

Illinois Tool Works's Days Sales Outstanding declined from Mar. 2023 (72.59) to Mar. 2024 (72.47).

Illinois Tool Works Days Sales Outstanding Historical Data

The historical data trend for Illinois Tool Works'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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Illinois Tool Works Days Sales Outstanding Chart

Illinois Tool Works Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.92

64.87

64.64

71.40

73.85

Illinois Tool Works 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															72.59	74.49	71.57	72.29	72.47

Competitive Comparison of Illinois Tool Works's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Illinois Tool Works'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.

Illinois Tool Works's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Illinois Tool Works's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Illinois Tool Works's Days Sales Outstanding falls into.

Illinois Tool Works 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.

Illinois Tool Works'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
=	( (16633.163	+	15302.075)	/	2 )	/	78921.079	*	365
=	15967.619					/	78921.079	*	365
=	73.85

Illinois Tool Works'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
=	( (15302.075	+	16124.592)	/	2 )	/	19784.745	*	365 / 4
=	15713.3335					/	19784.745	*	365 / 4
=	72.47

Illinois Tool Works (BSP:I1TW34) Days Sales Outstanding Explanation

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

Illinois Tool Works Days Sales Outstanding Related Terms

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Illinois Tool Works (BSP:I1TW34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Illinois Tool Works Inc (BSP:I1TW34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ITW:USA ILT:Germany ILT:Germany ILT:Germany

Address

155 Harlem Avenue, Glenview, IL, USA, 60025

Website

https://www.itw.com

Illinois Tool Works is a diversified global manufacturer that produces specialized industrial equipment, consumables, and related services. The firm operates 87 global divisions through seven distinct operating segments: automotive OEM, construction products, food equipment, specialty products, test/measurement and electronics, polymers and fluids, and welding. About half of its revenue comes from its operations in North America, with the remainder originating from international markets. ITW takes a bottom-up and decentralized approach to portfolio management, with the exception that each segment must apply its 80/20 operating process modeled on the Pareto principle.

Illinois Tool Works (BSP:I1TW34) Headlines

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