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Skechers USA (Skechers USA) Days Sales Outstanding : 41.64 (As of Dec. 2023)


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What is Skechers USA Days Sales Outstanding?

Skechers USA's average Accounts Receivable for the three months ended in Dec. 2023 was $895 Mil. Skechers USA's Revenue for the three months ended in Dec. 2023 was $1,961 Mil. Hence, Skechers USA's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.64.

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

SKX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.11   Med: 38.5   Max: 50.05
Current: 42.25

During the past 13 years, Skechers USA's highest Days Sales Outstanding was 50.05. The lowest was 32.11. And the median was 38.50.

SKX's Days Sales Outstanding is ranked better than
63.95% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.79 vs SKX: 42.25

Skechers USA's Days Sales Outstanding declined from Dec. 2022 (43.28) to Dec. 2023 (41.64).


Skechers USA Days Sales Outstanding Historical Data

The historical data trend for Skechers USA'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.

Skechers USA Days Sales Outstanding Chart

Skechers USA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.11 50.05 39.12 38.76 38.98

Skechers USA 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 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 43.28 43.32 45.18 42.12 41.64

Competitive Comparison of Skechers USA's Days Sales Outstanding

For the Footwear & Accessories subindustry, Skechers USA'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.


Skechers USA's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Skechers USA's Days Sales Outstanding distribution charts can be found below:

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



Skechers USA 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.

Skechers USA'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
=( (848.287 + 860.3) / 2 ) / 8000.342*365
=854.2935 / 8000.342*365
=38.98

Skechers USA'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
=( (929.368 + 860.3) / 2 ) / 1960.94*365 / 4
=894.834 / 1960.94*365 / 4
=41.64

* 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.


Skechers USA  (NYSE:SKX) Days Sales Outstanding Explanation

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


Skechers USA Days Sales Outstanding Related Terms

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


Skechers USA (Skechers USA) Business Description

Traded in Other Exchanges
Address
228 Manhattan Beach Boulevard, Manhattan Beach, CA, USA, 90266
Skechers USA Inc is a lifestyle footwear company under the Skechers GO brand name. Products offered include various styles of women's shoes, men's shoes, girl's shoes, boy's shoes, performance shoes, and work shoes. Allied products offered are apparel, bags, eyewear, toys, and more. Its products are available for sale at department and specialty stores, athletic and independent retailers, boutiques, and internet retailers. The company's operating segments include Wholesale, and Direct-to-Consumer. It generates maximum revenue from the Wholesale segment.
Executives
Robert Greenberg director, 10 percent owner, officer: Chief Executive Officer SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Michael Greenberg director, officer: President SKECHERS USA INC, 228 MANHATTAN BEACH BLVD, MANHATTAN BEACH CA 90266
Phillip Paccione officer: General Counsel & Secretary
Katherine J. Blair director 228 MANHATTAN BEACH BOULEVARD, MANHATTAN BEACH CA 90266
Richard Siskind director C/O R SISKIND & CO, 1385 BROADWAY, NEW YORK NY 10018
Mark A Nason officer: Executive VP
David Weinberg director, officer: Chief Operating Officer
Yolanda Macias director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Zulema Garcia director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Jeffrey Greenberg director
Thomas Walsh director 12548 W. FETLOCK TRAIL, PEORIA AZ 85383
Richard Rappaport director 1900 AVENUE OF THE STARS, SUITE 301, LOS ANGELES CA 90067
John M Vandemore officer: Chief Financial Officer 6355 S. BUFFALO DRIVE, LAS VEGAS NV 89521
Morton D Erlich director 228 MANHATTAN BEACH BLVD., MANHATTAN BEACH CA 90266
Geyer Kosinski director