Martinrea International (Martinrea International) Days Sales Outstanding

: 52.92 (As of Dec. 2023)

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Martinrea International's average Accounts Receivable for the three months ended in Dec. 2023 was $560 Mil. Martinrea International's Revenue for the three months ended in Dec. 2023 was $966 Mil. Hence, Martinrea International's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.92.

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

MRETF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.2 Med: 52.46 Max: 60.08
Current: 54.08

During the past 13 years, Martinrea International's highest Days Sales Outstanding was 60.08. The lowest was 47.20. And the median was 52.46.

MRETF's Days Sales Outstanding is ranked better than
57.68% of 1269 companies
in the Vehicles & Parts industry
Industry Median: 60.71 vs MRETF: 54.08

Martinrea International's Days Sales Outstanding declined from Dec. 2022 (54.75) to Dec. 2023 (52.92).

Martinrea International Days Sales Outstanding Historical Data

The historical data trend for Martinrea International'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.

Martinrea International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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52.74

59.28

56.68

52.98

46.89

Martinrea International 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															54.75	56.16	56.43	57.18	52.92

Competitive Comparison

For the Auto Parts subindustry, Martinrea International'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.

Martinrea International Days Sales Outstanding Distribution

For the Vehicles & Parts industry and Consumer Cyclical sector, Martinrea International's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Martinrea International's Days Sales Outstanding falls into.

Martinrea International 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.

Martinrea International'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
=	( (542.657	+	479.993)	/	2 )	/	3980.324	*	365
=	511.325					/	3980.324	*	365
=	46.89

Martinrea International'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
=	( (640.519	+	479.993)	/	2 )	/	966.101	*	365 / 4
=	560.256					/	966.101	*	365 / 4
=	52.92

Martinrea International (OTCPK:MRETF) Days Sales Outstanding Explanation

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

Martinrea International Days Sales Outstanding Related Terms

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Martinrea International (Martinrea International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Martinrea International Inc (OTCPK:MRETF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

03M:Germany MRE:Canada

Address

3210 Langstaff Road, Vaughan, ON, CAN, L4K 5B2

Website

https://www.martinrea.com

Martinrea International Inc is a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems. Its products are used primarily in the automotive sector by the majority of vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids. The company also provides metal forming and welding solutions. The largest end market for Martinrea's products in North America.