CTT-Correios de Portugal (CTT-Correios de Portugal) Days Sales Outstanding : 52.34 (As of Dec. 2023)

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What is CTT-Correios de Portugal Days Sales Outstanding?

CTT-Correios de Portugal's average Accounts Receivable for the three months ended in Dec. 2023 was $161 Mil. CTT-Correios de Portugal's Revenue for the three months ended in Dec. 2023 was $280 Mil. Hence, CTT-Correios de Portugal's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.34.

The historical rank and industry rank for CTT-Correios de Portugal's Days Sales Outstanding or its related term are showing as below:

CTTPY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.07 Med: 68.88 Max: 76.33
Current: 58.12

During the past 13 years, CTT-Correios de Portugal's highest Days Sales Outstanding was 76.33. The lowest was 58.07. And the median was 68.88.

CTTPY's Days Sales Outstanding is ranked worse than
63.04% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs CTTPY: 58.12

CTT-Correios de Portugal's Days Sales Outstanding declined from Dec. 2022 (58.65) to Dec. 2023 (52.34).

CTT-Correios de Portugal Days Sales Outstanding Historical Data

The historical data trend for CTT-Correios de Portugal'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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CTT-Correios de Portugal Days Sales Outstanding Chart

CTT-Correios de Portugal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.65

73.10

73.21

67.42

57.26

CTT-Correios de Portugal 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															58.65	57.54	60.41	62.24	52.34

Competitive Comparison of CTT-Correios de Portugal's Days Sales Outstanding

For the Integrated Freight & Logistics subindustry, CTT-Correios de Portugal'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.

CTT-Correios de Portugal's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, CTT-Correios de Portugal's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CTT-Correios de Portugal's Days Sales Outstanding falls into.

CTT-Correios de Portugal 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.

CTT-Correios de Portugal'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
=	( (155.859	+	166.916)	/	2 )	/	1028.787	*	365
=	161.3875					/	1028.787	*	365
=	57.26

CTT-Correios de Portugal'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
=	( (154.825	+	166.916)	/	2 )	/	280.451	*	365 / 4
=	160.8705					/	280.451	*	365 / 4
=	52.34

CTT-Correios de Portugal (GREY:CTTPY) Days Sales Outstanding Explanation

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

CTT-Correios de Portugal Days Sales Outstanding Related Terms

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CTT-Correios de Portugal (CTT-Correios de Portugal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » CTT-Correios de Portugal SA (GREY:CTTPY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CTTOF:USA CTT:Portugal 0QIM:UK C7T:Germany

Address

Avenida dos Combatentes 43, No.1643-0011, 4th Floor, Lisbon, PRT, 1999-001

Website

https://www.ctt.pt

CTT-Correios de Portugal SA is a logistics company domiciled in Portugal. The company organizes itself into four segments: mail, express and parcels, financial services, and bank. The mail segment, which generates a vast majority of the company's revenue, provides mail postal services to business customers, distribution of advertising materials, and postal communication solutions, among others. Express and parcels, the next largest segment, provides parcel postal and courier services. The company provides financial services such as payment processing and retail banking through both the financial services segment and the bank segment. The company earns most of its revenue domestically.