Applied Industrial Technologies (Applied Industrial Technologies) Days Sales Outstanding

: 57.36 (As of Dec. 2023)

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Applied Industrial Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $677 Mil. Applied Industrial Technologies's Revenue for the three months ended in Dec. 2023 was $1,077 Mil. Hence, Applied Industrial Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.36.

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

AIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.88 Med: 55.11 Max: 57.27
Current: 55.99

During the past 13 years, Applied Industrial Technologies's highest Days Sales Outstanding was 57.27. The lowest was 49.88. And the median was 55.11.

AIT's Days Sales Outstanding is ranked better than
52.78% of 144 companies
in the Industrial Distribution industry
Industry Median: 57.325 vs AIT: 55.99

Applied Industrial Technologies's Days Sales Outstanding increased from Dec. 2022 (57.17) to Dec. 2023 (57.36).

Applied Industrial Technologies Days Sales Outstanding Historical Data

The historical data trend for Applied Industrial Technologies'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.

Applied Industrial Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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57.27

55.72

54.50

56.17

56.45

Applied Industrial Technologies 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															57.17	54.82	55.71	58.46	57.36

Competitive Comparison

For the Industrial Distribution subindustry, Applied Industrial Technologies'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.

Applied Industrial Technologies Days Sales Outstanding Distribution

For the Industrial Distribution industry and Industrials sector, Applied Industrial Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Applied Industrial Technologies's Days Sales Outstanding falls into.

Applied Industrial Technologies 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.

Applied Industrial Technologies's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (656.429	+	708.395)	/	2 )	/	4412.794	*	365
=	682.412					/	4412.794	*	365
=	56.45

Applied Industrial Technologies'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
=	( (694.922	+	659.196)	/	2 )	/	1077.153	*	365 / 4
=	677.059					/	1077.153	*	365 / 4
=	57.36

Applied Industrial Technologies (NYSE:AIT) Days Sales Outstanding Explanation

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

Applied Industrial Technologies Days Sales Outstanding Related Terms

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Applied Industrial Technologies (Applied Industrial Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Applied Industrial Technologies Inc (NYSE:AIT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AT4:Germany

Address

1 Applied Plaza, Cleveland, OH, USA, 44115

Website

https://www.applied.com

Applied Industrial Technologies Inc is a distributor of industrial products to the maintenance, repair, and operations market and the original equipment manufacturing industry. Further, the company provides engineering and design services for industrial and fluid power applications. The products include bearings, power transmission components, fluid power components and systems, industrial rubber products, linear motion components, safety products, oilfield supplies, and other industrial and maintenance supplies. Fluid products include hydraulic, pneumatic, lubrication, and filtration systems and components. Applied Industrial Technologies operates primarily in North America, Australia, and New Zealand.

Executives

Neil A Schrimsher	director, officer: President and CEO	ONE APPLIED PLAZA, CLEVELAND OH 44115
Peter C Wallace	director	C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Hoffner Warren E Iii	officer: VP-General Mgr, Fluid Power	ONE APPLIED PLAZA, CLEVELAND OH 44115
Kurt W. Loring	officer: VP-Chief HR Officer	ONE APPLIED PLAZA, CLEVELAND OH 44115
Mary Dean Hall	director	4920 O'HEAR AVENUE, SUITE 400, NORTH CHARLESTON SC 29405
Jon S Ploetz	officer: VP-General Counsel & Secretary	ONE APPLIED PLAZA, CLEVELAND OH 44115
Fred D Bauer	officer: VP-General Counsel & Secretary	ONE APPLIED PLZ, CLEVELAND OH 44115-5056
Vincent K Petrella	director
Shelly Marie Chadwick	director	6070 PARKLAND BLVD, MAYFIELD HTS. OH 44124
Christopher Macey	other: Corporate Controller	5995 MAYFAIR ROAD, NORTH CANTON OH 44720
Peter A Dorsman	director
Jason W Vasquez	officer: VP-Sales & Marketing-USSC	ONE APPLIED PLAZA, CLEVELAND OH 44115
Jerry Sue Thornton	director	C/O BARNES & NOBLE EDUCATION, INC., 120 MOUNTAIN VIEW BLVD, BASKING RIDGE NJ 07920
Madhuri A Andrews	director	2525 STEMMONS FRWY, DALLAS TX 75207
Green Edith Kelly	director	3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118