TriMas (TriMas) Days Sales Outstanding

: 68.33 (As of Dec. 2023)

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TriMas's average Accounts Receivable for the three months ended in Dec. 2023 was $156.9 Mil. TriMas's Revenue for the three months ended in Dec. 2023 was $209.6 Mil. Hence, TriMas's Days Sales Outstanding for the three months ended in Dec. 2023 was 68.33.

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

TRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.9 Med: 53.75 Max: 64.38
Current: 62.14

During the past 13 years, TriMas's highest Days Sales Outstanding was 64.38. The lowest was 50.90. And the median was 53.75.

TRS's Days Sales Outstanding is ranked better than
59.57% of 376 companies
in the Packaging & Containers industry
Industry Median: 69.775 vs TRS: 62.14

TriMas's Days Sales Outstanding increased from Dec. 2022 (61.71) to Dec. 2023 (68.33).

TriMas Days Sales Outstanding Historical Data

The historical data trend for TriMas'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.

TriMas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

51.97

52.68

50.90

53.27

57.27

TriMas 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																61.71	59.70	61.51	64.10	68.33

Competitive Comparison

For the Packaging & Containers subindustry, TriMas'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.

TriMas Days Sales Outstanding Distribution

For the Packaging & Containers industry and Consumer Cyclical sector, TriMas's Days Sales Outstanding distribution charts can be found below:

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

TriMas 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.

TriMas'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
=	( (132.37	+	148.03)	/	2 )	/	893.55	*	365
=	140.2					/	893.55	*	365
=	57.27

TriMas'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
=	( (165.82	+	148.03)	/	2 )	/	209.56	*	365 / 4
=	156.925					/	209.56	*	365 / 4
=	68.33

TriMas (NAS:TRS) Days Sales Outstanding Explanation

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

TriMas Days Sales Outstanding Related Terms

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TriMas (TriMas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TriMas Corp (NAS:TRS) » Definitions » Days Sales Outstanding

Comparable Companies

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Traded in Other Exchanges

MQ1:Germany

Address

38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304

Website

https://www.trimascorp.com

TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.

Executives

Teresa M. Finley	director	927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Daniel P Tredwell	director	177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell	officer: Chief Financial Officer	4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Jodi F. Robin	officer: General Counsel and Secretary	38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart	other: Chief Accounting Officer	38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Jeffrey A Fielkow	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti	director, officer: Chairman	39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Thomas A Amato	director, officer: President and CEO	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus	officer: President, TriMas Packaging	3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer	officer: President, TriMas Aerospace	27411 VALDERAS, MISSION VIEJO CA 92691
Jeffrey M Greene	director	4990 OLDE TOWNE WAY, MARIETTA GA 30068
Robert J Zalupski	officer: Vice President & Treasurer	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin	officer: Vice President & Secretary	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Herbert K Parker	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Holly M Boehne	director	6955 BLACK DUCK DRIVE, LINO LAKES MN 55014