Heroux-Devtek (Heroux-Devtek) Days Sales Outstanding : 71.56 (As of Dec. 2023)

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What is Heroux-Devtek Days Sales Outstanding?

Heroux-Devtek's average Accounts Receivable for the three months ended in Dec. 2023 was $95.6 Mil. Heroux-Devtek's Revenue for the three months ended in Dec. 2023 was $121.9 Mil. Hence, Heroux-Devtek's Days Sales Outstanding for the three months ended in Dec. 2023 was 71.56.

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

HERXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.71 Med: 68.53 Max: 77.92
Current: 73.13

During the past 13 years, Heroux-Devtek's highest Days Sales Outstanding was 77.92. The lowest was 65.71. And the median was 68.53.

HERXF's Days Sales Outstanding is ranked worse than
56.81% of 301 companies
in the Aerospace & Defense industry
Industry Median: 64.19 vs HERXF: 73.13

Heroux-Devtek's Days Sales Outstanding increased from Dec. 2022 (66.92) to Dec. 2023 (71.56).

Heroux-Devtek Days Sales Outstanding Historical Data

The historical data trend for Heroux-Devtek'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.

Heroux-Devtek Days Sales Outstanding Chart

Heroux-Devtek Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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72.18

69.39

64.30

70.07

80.78

Heroux-Devtek 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															66.92	67.60	77.16	77.23	71.56

Competitive Comparison of Heroux-Devtek's Days Sales Outstanding

For the Aerospace & Defense subindustry, Heroux-Devtek'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.

Heroux-Devtek's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Heroux-Devtek's Days Sales Outstanding falls into.

Heroux-Devtek 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.

Heroux-Devtek's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (83.246	+	92.612)	/	2 )	/	397.297	*	365
=	87.929					/	397.297	*	365
=	80.78

Heroux-Devtek'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
=	( (90.524	+	100.637)	/	2 )	/	121.883	*	365 / 4
=	95.5805					/	121.883	*	365 / 4
=	71.56

Heroux-Devtek (OTCPK:HERXF) Days Sales Outstanding Explanation

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

Heroux-Devtek Days Sales Outstanding Related Terms

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Heroux-Devtek (Heroux-Devtek) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Heroux-Devtek Inc (OTCPK:HERXF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HRX:Canada

Address

1111 Saint-Charles Ouest, Suite 600, Tour Ouest, Complexe Saint-Charles, Longueuil, QC, CAN, J4K 5G4

Website

https://www.herouxdevtek.com

Heroux-Devtek Inc designs develops, manufactures, and repairs landing gear and actuation systems and components for the aerospace market. It also produces electronic enclosures, heat exchanges, and cabinets for airborne radars, electro-optic systems, and aircraft controls through megatron operations and fluid filter products through its Bolton operations. The company's products are helicopters, jets, military fighter and transport aircraft, electronic enclosures, heat exchangers, and cabinets.

Heroux-Devtek (Heroux-Devtek) Headlines

From GuruFocus

Pierre Fitzgibbon Resigns as Member of the Board of Héroux-Devtek

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