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Cooper-Standard Holdings (Cooper-Standard Holdings) Days Sales Outstanding : 56.32 (As of Dec. 2023)


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What is Cooper-Standard Holdings Days Sales Outstanding?

Cooper-Standard Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $416 Mil. Cooper-Standard Holdings's Revenue for the three months ended in Dec. 2023 was $674 Mil. Hence, Cooper-Standard Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 56.32.

The historical rank and industry rank for Cooper-Standard Holdings's Days Sales Outstanding or its related term are showing as below:

CPS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.79   Med: 48.14   Max: 61.67
Current: 51.17

During the past 13 years, Cooper-Standard Holdings's highest Days Sales Outstanding was 61.67. The lowest was 41.79. And the median was 48.14.

CPS's Days Sales Outstanding is ranked better than
61.51% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.74 vs CPS: 51.17

Cooper-Standard Holdings's Days Sales Outstanding increased from Dec. 2022 (50.98) to Dec. 2023 (56.32).


Cooper-Standard Holdings Days Sales Outstanding Historical Data

The historical data trend for Cooper-Standard Holdings'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.

Cooper-Standard Holdings Days Sales Outstanding Chart

Cooper-Standard Holdings 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 49.42 61.67 54.59 48.86 47.91

Cooper-Standard Holdings 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 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 50.98 50.30 49.41 52.13 56.32

Competitive Comparison of Cooper-Standard Holdings's Days Sales Outstanding

For the Auto Parts subindustry, Cooper-Standard Holdings'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.


Cooper-Standard Holdings's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cooper-Standard Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cooper-Standard Holdings's Days Sales Outstanding falls into.



Cooper-Standard Holdings 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.

Cooper-Standard Holdings'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
=( (358.7 + 380.562) / 2 ) / 2815.879*365
=369.631 / 2815.879*365
=47.91

Cooper-Standard Holdings'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
=( (450.963 + 380.562) / 2 ) / 673.643*365 / 4
=415.7625 / 673.643*365 / 4
=56.32

* 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.


Cooper-Standard Holdings  (NYSE:CPS) Days Sales Outstanding Explanation

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


Cooper-Standard Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Cooper-Standard Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Cooper-Standard Holdings (Cooper-Standard Holdings) Business Description

Traded in Other Exchanges
Address
40300 Traditions Drive, Northville, MI, USA, 48168
Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions.
Executives
Maryann Peterson Kanary officer: See remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Amy B. Kulikowski officer: VP, Chief Accounting Officer 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Patrick Clark officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Somasundhar Venkatasubramanian officer: See remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeffrey S Edwards officer: President and CEO 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Larry Ott officer: VP Global HR 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Van Oss Stephen A director
Christopher Couch officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Rebecca Mccabe officer: VP, Chief Accounting Officer 40300 TRADITIONS DRIVE, 40300, NORTHVILLE MI 48168
Christine M Moore director 411 WEST LAFAYETTE, DETROIT MI 48226
Justin E Mirro director 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Jeffrey A. Debest officer: See Remarks 39550 ORCHARD HILL PLACE, NOVI MI 48375
Susan P. Kampe officer: See Remarks 39550 ORCHARD HILL PLACE, NOVI MI 48375
Peter C. Brusate officer: Corp. Controller and CAO 39550 ORCHARD HILL PLACE, NOVI MI 48375