MTU Aero Engines AG (MTU Aero Engines AG) Days Sales Outstanding : 88.64 (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is MTU Aero Engines AG Days Sales Outstanding?

MTU Aero Engines AG's average Accounts Receivable for the six months ended in Dec. 2023 was $1,202 Mil. MTU Aero Engines AG's Revenue for the six months ended in Dec. 2023 was $2,475 Mil. Hence, MTU Aero Engines AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 88.64.

The historical rank and industry rank for MTU Aero Engines AG's Days Sales Outstanding or its related term are showing as below:

MTUAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.12 Med: 75 Max: 86.82
Current: 75.39

During the past 13 years, MTU Aero Engines AG's highest Days Sales Outstanding was 86.82. The lowest was 57.12. And the median was 75.00.

MTUAF's Days Sales Outstanding is ranked worse than
58.28% of 302 companies
in the Aerospace & Defense industry
Industry Median: 63.165 vs MTUAF: 75.39

MTU Aero Engines AG's Days Sales Outstanding increased from Dec. 2022 (67.93) to Dec. 2023 (88.64).

MTU Aero Engines AG Days Sales Outstanding Historical Data

The historical data trend for MTU Aero Engines AG'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.

MTU Aero Engines AG Days Sales Outstanding Chart

MTU Aero Engines AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

78.84

83.15

86.69

72.56

71.06

MTU Aero Engines AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															89.78	75.14	67.93	67.51	88.64

Competitive Comparison of MTU Aero Engines AG's Days Sales Outstanding

For the Aerospace & Defense subindustry, MTU Aero Engines AG'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.

MTU Aero Engines AG's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, MTU Aero Engines AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where MTU Aero Engines AG's Days Sales Outstanding falls into.

MTU Aero Engines AG 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.

MTU Aero Engines AG'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
=	( (1175.847	+	1101.418)	/	2 )	/	5848.419	*	365
=	1138.6325					/	5848.419	*	365
=	71.06

MTU Aero Engines AG'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1303.359	+	1101.418)	/	2 )	/	2475.463	*	365 / 2
=	1202.3885					/	2475.463	*	365 / 2
=	88.64

MTU Aero Engines AG (OTCPK:MTUAF) Days Sales Outstanding Explanation

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

MTU Aero Engines AG Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of MTU Aero Engines AG's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

MTU Aero Engines AG (MTU Aero Engines AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (OTCPK:MTUAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MTUAY:USA 1MTX:Italy MTXd:UK 0FC9:UK MTX1:Germany MTX1:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Germany MTX:Austria

Address

Dachauer Strasse 665, Munich, BY, DEU, 80995

Website

https://www.mtu.de

MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG (MTU Aero Engines AG) Headlines

From GuruFocus

David Herro Comments on MTU Aero Engines

By Holly LaFon Holly LaFon • 01-10-2014

International Guru David Herro's Three New Stocks in Emerging Markets Optimism

By Holly LaFon Holly LaFon • 02-20-2014