Nucor's average Accounts Receivable for the
three
months ended in Mar. 2024 was $3,055 Mil. Nucor's Revenue for the
three
months ended in Mar. 2024 was $8,137 Mil.
Hence, Nucor's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 34.26.
The historical rank and industry rank for Nucor's Days Sales Outstanding or its related term are showing as below:
NUE'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.78 Med: 33.75 Max: 40.41
Current: 36.82
During the past 13 years, Nucor's highest Days Sales Outstanding was 40.41. The lowest was 30.78. And the median was 33.75.
NUE's Days Sales Outstanding is ranked better than 63% of 600
companies
in the Steel industry
Industry Median: 49.98
vs NUE: 36.82
Nucor's Days Sales Outstanding
declined
from Mar. 2023 (37.99) to Mar. 2024 (34.26).
Nucor Days Sales Outstanding Historical Data
The historical data trend for Nucor'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.
Competitive Comparison of Nucor's Days Sales Outstanding
For the Steel subindustry, Nucor'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.
Nucor's Days Sales Outstanding Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Nucor's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Nucor's Days Sales Outstanding falls into.
Nucor 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.
* 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.
Nucor (NYSE:NUE) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Nucor Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Nucor's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.
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