Howmet Aerospace (Howmet Aerospace) Days Sales Outstanding

: 36.61 (As of Dec. 2023)

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Howmet Aerospace's average Accounts Receivable for the three months ended in Dec. 2023 was $695 Mil. Howmet Aerospace's Revenue for the three months ended in Dec. 2023 was $1,731 Mil. Hence, Howmet Aerospace's Days Sales Outstanding for the three months ended in Dec. 2023 was 36.61.

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

HWM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.51 Med: 28.48 Max: 56.06
Current: 35.26

During the past 10 years, Howmet Aerospace's highest Days Sales Outstanding was 56.06. The lowest was 25.51. And the median was 28.48.

HWM's Days Sales Outstanding is ranked better than
80.4% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs HWM: 35.26

Howmet Aerospace's Days Sales Outstanding increased from Dec. 2022 (31.84) to Dec. 2023 (36.61).

Howmet Aerospace Days Sales Outstanding Historical Data

The historical data trend for Howmet Aerospace'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.

Howmet Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

41.91

31.61

25.51

28.13

32.46

Howmet Aerospace 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																31.84	33.04	36.32	37.73	36.61

Competitive Comparison

For the Aerospace & Defense subindustry, Howmet Aerospace'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.

Howmet Aerospace Days Sales Outstanding Distribution

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

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

Howmet Aerospace 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.

Howmet Aerospace'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
=	( (506	+	675)	/	2 )	/	6640	*	365
=	590.5					/	6640	*	365
=	32.46

Howmet Aerospace'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
=	( (714	+	675)	/	2 )	/	1731	*	365 / 4
=	694.5					/	1731	*	365 / 4
=	36.61

Howmet Aerospace (NYSE:HWM) Days Sales Outstanding Explanation

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

Howmet Aerospace Days Sales Outstanding Related Terms

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Howmet Aerospace (Howmet Aerospace) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (NYSE:HWM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HWM.PR.PFD:USA 48Z:Germany 48Z:Germany HWMCL:Chile HWM:Austria

Address

201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872

Website

https://www.howmet.com

Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

Executives

Gunner Smith	director	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Neil Edward Marchuk	officer: Executive Vice President	12025 TECH CENTER DRIVE, LIVONIA MI 48150
Barbara Lou Shultz	officer: Vice President and Controller	201 ISABELLA STREET, PITTSBURGH PA 15212
Ken Giacobbe	officer: Exec VP and CFO	ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Michael Niem Chanatry	officer: Vice President	201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Lola Felice Lin	officer: EVP, CLO and Secretary	201 ISABELLA STREET, SUITE 200, PITTSBURGH PA 15212
Sharon R Barner	director	500 JACKSON STREET, COLUMBUS IN 47201
Jody Miller	director	225 SOUTH SIXTH STREET, 9TH FLOOR, MINNEAPOLIS MN 55402
Robert F Leduc	director	UNITED TECHNOLOGIES CORP, 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Nicole Weyerhaeuser Piasecki	director	2000 WELLS FARGO PLACE, 30 EAST 7TH STREET, SAINT PAUL MN 55101-4930
Tolga I Oal	director, officer: Co-Chief Executive Officer	201 ISABELLA STREET, PITTSTBURGH PA 15212
Joseph S Cantie	director	C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Katherine H Ramundo	officer: EVP, CLO & Secretary	C/O APTIV, 5725 INNOVATION DRIVE, TROY MI 48098
Timothy Donald Myers	officer: Executive Vice President	ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
W Paul Myron	officer: Vice President and Controller	ALCOA INC., 390 PARK AVENUE, NEW YORK NY 10022-4608