Northrop Grumman (FRA:NTH) Days Sales Outstanding : 13.97 (As of Dec. 2023)

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What is Northrop Grumman Days Sales Outstanding?

Northrop Grumman's average Accounts Receivable for the three months ended in Dec. 2023 was €1,493 Mil. Northrop Grumman's Revenue for the three months ended in Dec. 2023 was €9,755 Mil. Hence, Northrop Grumman's Days Sales Outstanding for the three months ended in Dec. 2023 was 13.97.

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

FRA:NTH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.77 Med: 15.18 Max: 45.36
Current: 16.51

During the past 13 years, Northrop Grumman's highest Days Sales Outstanding was 45.36. The lowest was 13.77. And the median was 15.18.

FRA:NTH's Days Sales Outstanding is ranked better than
95.35% of 301 companies
in the Aerospace & Defense industry
Industry Median: 64.19 vs FRA:NTH: 16.51

Northrop Grumman's Days Sales Outstanding declined from Dec. 2022 (16.29) to Dec. 2023 (13.97).

Northrop Grumman Days Sales Outstanding Historical Data

The historical data trend for Northrop Grumman'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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Northrop Grumman Days Sales Outstanding Chart

Northrop Grumman Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.78

14.64

14.39

13.98

Northrop Grumman 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															16.29	17.60	19.92	17.87	13.97

Competitive Comparison of Northrop Grumman's Days Sales Outstanding

For the Aerospace & Defense subindustry, Northrop Grumman'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.

Northrop Grumman's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Northrop Grumman's Days Sales Outstanding falls into.

Northrop Grumman 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.

Northrop Grumman'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
=	( (1426.384	+	1333.318)	/	2 )	/	36028.93	*	365
=	1379.851					/	36028.93	*	365
=	13.98

Northrop Grumman'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
=	( (1652.868	+	1333.318)	/	2 )	/	9755.046	*	365 / 4
=	1493.093					/	9755.046	*	365 / 4
=	13.97

Northrop Grumman (FRA:NTH) Days Sales Outstanding Explanation

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

Northrop Grumman Days Sales Outstanding Related Terms

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Northrop Grumman (FRA:NTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Northrop Grumman Corp (FRA:NTH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NOC:USA NOC:Mexico NTH:Germany NOCG34:Brazil NOCO:Austria

Address

2980 Fairview Park Drive, Falls Church, VA, USA, 22042

Website

https://www.northropgrumman.com

Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.

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