Steelcase (Steelcase) Days Sales Outstanding

: 40.78 (As of Feb. 2024)

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Steelcase's average Accounts Receivable for the three months ended in Feb. 2024 was $346 Mil. Steelcase's Revenue for the three months ended in Feb. 2024 was $775 Mil. Hence, Steelcase's Days Sales Outstanding for the three months ended in Feb. 2024 was 40.78.

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

SCS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.31 Med: 38.3 Max: 45.18
Current: 41.64

During the past 13 years, Steelcase's highest Days Sales Outstanding was 45.18. The lowest was 36.31. And the median was 38.30.

SCS's Days Sales Outstanding is ranked better than
88.6% of 2957 companies
in the Industrial Products industry
Industry Median: 78.92 vs SCS: 41.64

Steelcase's Days Sales Outstanding declined from Feb. 2023 (44.01) to Feb. 2024 (40.78).

Steelcase Days Sales Outstanding Historical Data

The historical data trend for Steelcase'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.

Steelcase Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Days Sales Outstanding

37.38

45.18

40.20

40.29

41.10

Steelcase Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding																44.01	44.70	39.30	42.66	40.78

Competitive Comparison

For the Business Equipment & Supplies subindustry, Steelcase'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.

Steelcase Days Sales Outstanding Distribution

For the Industrial Products industry and Industrials sector, Steelcase's Days Sales Outstanding distribution charts can be found below:

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

Steelcase 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.

Steelcase's Days Sales Outstanding for the fiscal year that ended in Feb. 2024 is calculated as

	Days Sales Outstanding (A: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (373.3	+	338.3)	/	2 )	/	3159.6	*	365
=	355.8					/	3159.6	*	365
=	41.10

Steelcase's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (354.5	+	338.3)	/	2 )	/	775.2	*	365 / 4
=	346.4					/	775.2	*	365 / 4
=	40.78

Steelcase (NYSE:SCS) Days Sales Outstanding Explanation

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

Steelcase Days Sales Outstanding Related Terms

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Steelcase (Steelcase) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Steelcase Inc (NYSE:SCS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GJB:Germany GJB:Germany

Address

901 44th Street SE, Grand Rapids, MI, USA, 49508

Website

https://www.steelcase.com

Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.

Executives

Nicole Cherie Mcgrath	officer: VP, Corp Controller and CAO	901 44TH STREET SE, GRAND RAPIDS MI 49508
Robert G Krestakos	officer: VP, Global Operations	901 44TH STREET SE, GRAND RAPIDS MI 49508
David C Sylvester	officer: Senior Vice President, CFO	901 44TH STREET SE, GRAND RAPIDS MI 49508
Lizbeth S O'shaughnessy	officer: Senior VP, CLO and Secretary	901 44TH STREET SE, GRAND RAPIDS MI 49508
Wege Peter M Ii	director	901 44TH ST SE, GRAND RAPIDS MI 49508
Sanjay Gupta	director	2775 SANDERS ROAD, NORTHBROOK IL 60062
Sara E Armbruster	officer: VP, WS Futures & Corp Strategy	901 44TH STREET SE, GRAND RAPIDS MI 49508
Jennifer C Niemann	director	901 44TH STREET SE, GRAND RAPIDS MI 49508
Steven Douglas Miller	officer: VP, Chief Technology Officer	901 44TH STREET SE, GRAND RAPIDS MI 49508
Guillaume M Alvarez	officer: Senior VP, EMEA	901 44TH STREET SE, GRAND RAPIDS MI 49508
Kate P Wolters	director	901 44TH ST, GRAND RAPIDS MI 49508
Robin L Zondervan	officer: Corporate Controller and CAO	901 44TH STREET SE, GRAND RAPIDS MI 49508
Eddy F Schmitt	officer: Senior VP, Americas	901 44TH STREET SE, GRAND RAPIDS MI 49508
Linda K Williams	director	901 44TH STREET SE, GRAND RAPIDS MI 49508
Donna K Flynn	officer: VP, Global Talent Management	901 44TH STREET SE, GRAND RAPIDS MI 49508