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Northrop Grumman Days Sales Outstanding

: 21.25 (As of Jun. 2022)
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Northrop Grumman's average Accounts Receivable for the three months ended in Jun. 2022 was $2,050 Mil. Northrop Grumman's Revenue for the three months ended in Jun. 2022 was $8,801 Mil. Hence, Northrop Grumman's Days Sales Outstanding for the three months ended in Jun. 2022 was 21.25.

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

NOC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.02   Med: 35.79   Max: 45.36
Current: 18.93

During the past 13 years, Northrop Grumman's highest Days Sales Outstanding was 45.36. The lowest was 14.02. And the median was 35.79.

NOC's Days Sales Outstanding is ranked better than
94.85% of 272 companies
in the Aerospace & Defense industry
Industry Median: 63.84 vs NOC: 18.93

Northrop Grumman's Days Sales Outstanding increased from Jun. 2021 (18.05) to Jun. 2022 (21.25).


Northrop Grumman Days Sales Outstanding Historical Data

The historical data trend for Northrop Grumman'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.

Northrop Grumman Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.55 15.17 14.96 14.02 15.19

Northrop Grumman Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.05 18.31 16.14 16.49 21.25

Competitive Comparison

For the Aerospace & Defense subindustry, Northrop Grumman'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.

   

Northrop Grumman Days Sales Outstanding Distribution

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

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



Northrop Grumman 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.

Northrop Grumman's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (1501 + 1467) / 2 ) / 35667*365
=1484 / 35667*365
=15.19

Northrop Grumman's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding (Q: Jun. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )*Days in Period
=( (1713 + 2387) / 2 ) / 8801*365 / 4
=2050 / 8801*365 / 4
=21.25

* 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.


Northrop Grumman  (NYSE:NOC) Days Sales Outstanding Explanation

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


Northrop Grumman Days Sales Outstanding Related Terms

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


Northrop Grumman Business Description

Northrop Grumman logo
Address
2980 Fairview Park Drive, Falls Church, VA, USA, 22042
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a mix between a long-range missile manufacturer and a defense IT service provider. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Executives
Bromberg Matthew Fox officer: CVP, Global Operations 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Wilson Thomas L Jr officer: CVP and Pres. Space Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Robinson Graham director 1000 STANLEY DRIVE NEW BRITAIN CT 06053
Jones Thomas H officer: CVP & Pres Aeronautics Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Abney David P director 55 GLENLAKE PARWAY, NE ATLANTA GA 30328
Brown Marianne Catherine director 4094 TIMUQUANA ROAD JACKSONVILLE FL 33210-8571
Keffer David F officer: CVP & Chief Financial Officer 3170 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Petryszyn Mary D officer: CVP, Pres, Defense Systems 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Bush Wesley G director, officer: Chairman 333 MAPLE AVENUE EAST #3080 VIENNA VA 22180
Ryan Lucy C officer: Corp VP, Communications 2980 FAIRVIEW PARK DRIVE FALLS CHURCH VA 22042
Addison Ann M officer: Corporate Vice President 11951 FREEDOM DRIVE RESTON VA 20190
Larson Blake E officer: Vice President, other: Corp VP & Pres, NGIS 5050 LINCOLN DRIVE EDINA MN 55436
Kalan Lesley A officer: Corp VP, Government Relations 805 VASSAR ROAD ALEXANDRIA VA 22314
Purvis Shawn N officer: CVP, President, Enterprise Svc 9672 CRECY LANE MANASSAS VA 20110
Pamiljans Janis G officer: Corp VP & President AS Systems 212 LANSING ISLAND DRIVE INDIAN HARBOUR BEACH FL 32937

Northrop Grumman Headlines

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