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Hammond Manufacturing Co (TSX:HMM.A) Days Sales Outstanding : 48.09 (As of Dec. 2023)


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What is Hammond Manufacturing Co Days Sales Outstanding?

Hammond Manufacturing Co's average Accounts Receivable for the three months ended in Dec. 2023 was C$30.2 Mil. Hammond Manufacturing Co's Revenue for the three months ended in Dec. 2023 was C$57.3 Mil. Hence, Hammond Manufacturing Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.09.

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

TSX:HMM.A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41.55   Med: 44.35   Max: 47.12
Current: 47

During the past 13 years, Hammond Manufacturing Co's highest Days Sales Outstanding was 47.12. The lowest was 41.55. And the median was 44.35.

TSX:HMM.A's Days Sales Outstanding is ranked better than
84.41% of 2957 companies
in the Industrial Products industry
Industry Median: 79.37 vs TSX:HMM.A: 47.00

Hammond Manufacturing Co's Days Sales Outstanding declined from Dec. 2022 (48.88) to Dec. 2023 (48.09).


Hammond Manufacturing Co Days Sales Outstanding Historical Data

The historical data trend for Hammond Manufacturing Co'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.

Hammond Manufacturing Co Days Sales Outstanding Chart

Hammond Manufacturing Co 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 44.46 44.23 42.65 44.75 45.08

Hammond Manufacturing Co 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 48.88 44.79 47.95 49.32 48.09

Competitive Comparison of Hammond Manufacturing Co's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Hammond Manufacturing Co'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.


Hammond Manufacturing Co's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Hammond Manufacturing Co's Days Sales Outstanding falls into.



Hammond Manufacturing Co 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.

Hammond Manufacturing Co'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
=( (28.501 + 30.354) / 2 ) / 238.285*365
=29.4275 / 238.285*365
=45.08

Hammond Manufacturing Co'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
=( (30.013 + 30.354) / 2 ) / 57.275*365 / 4
=30.1835 / 57.275*365 / 4
=48.09

* 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.


Hammond Manufacturing Co  (TSX:HMM.A) Days Sales Outstanding Explanation

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


Hammond Manufacturing Co Days Sales Outstanding Related Terms

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Hammond Manufacturing Co (TSX:HMM.A) Business Description

Traded in Other Exchanges
Address
394 Edinburgh Road North, Guelph, ON, CAN, N1H 1E5
Hammond Manufacturing Co Ltd provides electrical and electronic components to Original Equipment Manufacturers (OEM) through a network of agents and distributors. Its product categories include Electrical Enclosures, Small Enclosures, Rack Mounting Solutions, PDUs & Outlet Strips, Transformers, and Classic Transformers & Chokes. Its geographical segments are Canada, the United States, and other countries, of which key revenue is derived from the United States.

Hammond Manufacturing Co (TSX:HMM.A) Headlines

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