Insteel Industries (Insteel Industries) Days Sales Outstanding : 35.42 (As of Mar. 2024)

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What is Insteel Industries Days Sales Outstanding?

Insteel Industries's average Accounts Receivable for the three months ended in Mar. 2024 was $49.5 Mil. Insteel Industries's Revenue for the three months ended in Mar. 2024 was $127.4 Mil. Hence, Insteel Industries's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.42.

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

IIIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.01 Med: 39.14 Max: 41.2
Current: 37.2

During the past 13 years, Insteel Industries's highest Days Sales Outstanding was 41.20. The lowest was 33.01. And the median was 39.14.

IIIN's Days Sales Outstanding is ranked better than
91.41% of 2958 companies
in the Industrial Products industry
Industry Median: 79.14 vs IIIN: 37.20

Insteel Industries's Days Sales Outstanding declined from Mar. 2023 (38.63) to Mar. 2024 (35.42).

Insteel Industries Days Sales Outstanding Historical Data

The historical data trend for Insteel Industries'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.

Insteel Industries Days Sales Outstanding Chart

Insteel Industries Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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38.31

37.84

37.62

33.01

40.78

Insteel Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															38.63	36.41	37.59	40.02	35.42

Competitive Comparison of Insteel Industries's Days Sales Outstanding

For the Metal Fabrication subindustry, Insteel Industries'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.

Insteel Industries's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Insteel Industries's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Insteel Industries's Days Sales Outstanding falls into.

Insteel Industries 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.

Insteel Industries's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (81.646	+	63.424)	/	2 )	/	649.188	*	365
=	72.535					/	649.188	*	365
=	40.78

Insteel Industries's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (43.354	+	55.549)	/	2 )	/	127.394	*	365 / 4
=	49.4515					/	127.394	*	365 / 4
=	35.42

Insteel Industries (NYSE:IIIN) Days Sales Outstanding Explanation

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

Insteel Industries Days Sales Outstanding Related Terms

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Insteel Industries (Insteel Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Insteel Industries Inc (NYSE:IIIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HZ8:Germany

Address

1373 Boggs Drive, Mount Airy, NC, USA, 27030

Website

https://www.insteel.com

Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.

Executives

James F Petelle	officer: Vice President	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Richard Wagner	officer: Vice President	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Elizabeth Carroll Southern	officer: Vice President-Administration	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Patrick K. Griffin	officer: Controller and CAO	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Scot R Jafroodi	officer: Chief Accounting Officer	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Woltz H O Iii	director, officer: President and CEO	1373 BOGGS DR, MT AIRY NC 27030
James R. York	officer: Senior Vice President	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Mark A Carano	officer: Vice President and CFO	13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Joseph A Rutkowski	director	2100 REXFORD RD, CHARLOTTE NC 28211
Jon M Ruth	director	1373 BOGGS DRIVE, MOUNT AIRY NC 27030
G Kennedy Thompson	director	3000 HANOVER STREET, PALO ALTO CA 94304
Anne H Lloyd	director
Michael C Gazmarian	officer: Treasurer	1373 BOGGS DR, MT AIRY NC 27030
Charles B Newsome	director	1373 BOGGS DR, MT AIRY NC 27030
Rogers W Allen Ii	director	1373 BOGGS DR, MT AIRY NC 27030