FLSmidth. A/S (FLSmidth. A/S) Days Sales Outstanding : 70.83 (As of Dec. 2023)

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What is FLSmidth. A/S Days Sales Outstanding?

FLSmidth. A/S's average Accounts Receivable for the three months ended in Dec. 2023 was $678 Mil. FLSmidth. A/S's Revenue for the three months ended in Dec. 2023 was $873 Mil. Hence, FLSmidth. A/S's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.83.

The historical rank and industry rank for FLSmidth. A/S's Days Sales Outstanding or its related term are showing as below:

FLIDF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.86 Med: 88.26 Max: 94.59
Current: 73.65

During the past 13 years, FLSmidth. A/S's highest Days Sales Outstanding was 94.59. The lowest was 72.86. And the median was 88.26.

FLIDF's Days Sales Outstanding is ranked better than
55.58% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs FLIDF: 73.65

FLSmidth. A/S's Days Sales Outstanding declined from Dec. 2022 (72.45) to Dec. 2023 (70.83).

FLSmidth. A/S Days Sales Outstanding Historical Data

The historical data trend for FLSmidth. A/S'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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FLSmidth. A/S Days Sales Outstanding Chart

FLSmidth. A/S Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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86.36

89.50

81.26

79.32

71.82

FLSmidth. A/S 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															72.45	76.44	69.77	77.79	70.83

Competitive Comparison of FLSmidth. A/S's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, FLSmidth. A/S'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.

FLSmidth. A/S's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, FLSmidth. A/S's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where FLSmidth. A/S's Days Sales Outstanding falls into.

FLSmidth. A/S 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.

FLSmidth. A/S'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
=	( (727.335	+	660.736)	/	2 )	/	3526.95	*	365
=	694.0355					/	3526.95	*	365
=	71.82

FLSmidth. A/S'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
=	( (694.792	+	660.736)	/	2 )	/	873.178	*	365 / 4
=	677.764					/	873.178	*	365 / 4
=	70.83

FLSmidth. A/S (OTCPK:FLIDF) Days Sales Outstanding Explanation

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

FLSmidth. A/S Days Sales Outstanding Related Terms

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FLSmidth. A/S (FLSmidth. A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » FLSmidth & Co. A/S (OTCPK:FLIDF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FLIDY:USA FLSc:UK 0OJA:UK FLS:Denmark F6O1:Germany

Address

Vigerslev Alle 77, Valby, Copenhagen, DNK, DK-2500

Website

https://www.flsmidth.com

FLSmidth & Co. A/S is a Denmark-based company that designs, manufactures, and supplies machinery, cement plants, and minerals processing solutions and provide services along with the construction. The company's two segments are mining and cement. The majority of revenue is generated from the mining segment. Geographically, the company operates across the Americas, Asia, Africa, Europe, and Oceania. Among all areas, South America contributes the most revenue, mainly due to mining.