Parker Hannifin (BSP:P1HC34) Days Sales Outstanding

: 50.86 (As of Dec. 2023)

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Parker Hannifin's average Accounts Receivable for the three months ended in Dec. 2023 was R$13,165 Mil. Parker Hannifin's Revenue for the three months ended in Dec. 2023 was R$23,622 Mil. Hence, Parker Hannifin's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.86.

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

BSP:P1HC34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.48 Med: 51.82 Max: 54.5
Current: 50.22

During the past 13 years, Parker Hannifin's highest Days Sales Outstanding was 54.50. The lowest was 49.48. And the median was 51.82.

BSP:P1HC34's Days Sales Outstanding is ranked better than
81.16% of 2957 companies
in the Industrial Products industry
Industry Median: 78.91 vs BSP:P1HC34: 50.22

Parker Hannifin's Days Sales Outstanding declined from Dec. 2022 (51.01) to Dec. 2023 (50.86).

Parker Hannifin Days Sales Outstanding Historical Data

The historical data trend for Parker Hannifin'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.

Parker Hannifin Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

53.90

45.81

52.11

51.97

50.37

Parker Hannifin 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																51.01	49.38	53.00	51.95	50.86

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Parker Hannifin'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.

Parker Hannifin Days Sales Outstanding Distribution

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

* The bar in red indicates where Parker Hannifin's Days Sales Outstanding falls into.

Parker Hannifin 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.

Parker Hannifin's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (11819.21	+	13722.851)	/	2 )	/	92536.732	*	365
=	12771.0305					/	92536.732	*	365
=	50.37

Parker Hannifin'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
=	( (13534.112	+	12795.357)	/	2 )	/	23621.676	*	365 / 4
=	13164.7345					/	23621.676	*	365 / 4
=	50.86

Parker Hannifin (BSP:P1HC34) Days Sales Outstanding Explanation

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

Parker Hannifin Days Sales Outstanding Related Terms

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Parker Hannifin (BSP:P1HC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Parker Hannifin Corp (BSP:P1HC34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PH:USA PH:Mexico 1PH:Italy PAR:Germany

Address

6035 Parkland Boulevard, Cleveland, OH, USA, 44124-4141

Website

http://www.phstock.com

Parker Hannifin is an industrial conglomerate operating through two segments: diversified industrial, which serves a variety of end markets, and aerospace systems, which sells engine and actuation components. The diversified industrial segment consists of six groups, including engineered materials (sealing devices), filtration (filters and systems monitoring and removing contaminants from liquids and gases), fluid connectors (valves, couplings, and other fittings), instrumentation (flow manufacturing components and fluid control applications), and motion systems (hydraulic, pneumatic, and electromechanical components in industrial machinery and equipment). The segment boasts 17,100 independent distributors, and about 40% of its business occurs outside the United States.

Parker Hannifin (BSP:P1HC34) Headlines

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