IRCE SpA (STU:IRQ) Days Sales Outstanding : 70.21 (As of Dec. 2023)

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What is IRCE SpA Days Sales Outstanding?

IRCE SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €70.8 Mil. IRCE SpA's Revenue for the three months ended in Dec. 2023 was €92.1 Mil. Hence, IRCE SpA's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.21.

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

STU:IRQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.1 Med: 74.32 Max: 84.62
Current: 64.62

During the past 13 years, IRCE SpA's highest Days Sales Outstanding was 84.62. The lowest was 58.10. And the median was 74.32.

STU:IRQ's Days Sales Outstanding is ranked better than
65.46% of 2956 companies
in the Industrial Products industry
Industry Median: 79.355 vs STU:IRQ: 64.62

IRCE SpA's Days Sales Outstanding declined from Dec. 2022 (74.27) to Dec. 2023 (70.21).

IRCE SpA Days Sales Outstanding Historical Data

The historical data trend for IRCE SpA'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.

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IRCE SpA Days Sales Outstanding Chart

IRCE SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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76.79

83.43

66.14

61.12

58.10

IRCE SpA 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															74.27	54.73	66.79	75.72	70.21

Competitive Comparison of IRCE SpA's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, IRCE SpA'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.

IRCE SpA's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

IRCE SpA 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.

IRCE SpA'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
=	( (61.498	+	67.157)	/	2 )	/	404.154	*	365
=	64.3275					/	404.154	*	365
=	58.10

IRCE SpA'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
=	( (74.519	+	67.157)	/	2 )	/	92.06	*	365 / 4
=	70.838					/	92.06	*	365 / 4
=	70.21

IRCE SpA (STU:IRQ) Days Sales Outstanding Explanation

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

IRCE SpA Days Sales Outstanding Related Terms

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IRCE SpA (STU:IRQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IRCE SpA (STU:IRQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

IRC:Italy

Address

Via Lasie 12/A, Imola, ITA, 40026

Website

https://www.irce.it

IRCE SpA is an Italy-based company engaged in the manufacturing of its core activities through its segments namely the Winding wires segment and Cables segment. The Winding wire segment consists of the manufacturing of electric motors and generators, transformers, relays, and solenoid valves whereas the Cable segment includes energy and data cables that are supplied to industries like construction, civil and industrial engineering, and electoral devices for consumable durable goods. It generates the majority of its revenue from the winding wires segment. The company products include Enamelled copper and aluminum round wire, Copper and aluminum rectangular wire, Medium Voltage Cables, and others. The company's geographical segments are Italy, the European Union, and Non-European Union.

IRCE SpA (STU:IRQ) Headlines

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