Carrier Global's average Accounts Receivable for the
three
months ended in Mar. 2024 was $2,819 Mil. Carrier Global's Revenue for the
three
months ended in Mar. 2024 was $6,182 Mil.
Hence, Carrier Global's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 41.60.
The historical rank and industry rank for Carrier Global's Days Sales Outstanding or its related term are showing as below:
CARR'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.89 Med: 47.88 Max: 54.63
Current: 47.31
During the past 7 years, Carrier Global's highest Days Sales Outstanding was 54.63. The lowest was 43.89. And the median was 47.88.
CARR's Days Sales Outstanding is ranked better than 74.73% of 1642
companies
in the Construction industry
Industry Median: 72.53
vs CARR: 47.31
Carrier Global's Days Sales Outstanding
declined
from Mar. 2023 (50.75) to Mar. 2024 (41.60).
Carrier Global Days Sales Outstanding Historical Data
The historical data trend for Carrier Global'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.
Competitive Comparison of Carrier Global's Days Sales Outstanding
For the Building Products & Equipment subindustry, Carrier Global'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.
Carrier Global's Days Sales Outstanding Distribution in the Construction Industry
For the Construction industry and Industrials sector, Carrier Global's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Carrier Global's Days Sales Outstanding falls into.
Carrier Global 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.
* 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.
Carrier Global (NYSE:CARR) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Carrier Global Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Carrier Global's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Carrier Global (Carrier Global) Business Description
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.
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