Continental AG (Continental AG) Days Sales Outstanding : 70.35 (As of Dec. 2023)

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What is Continental AG Days Sales Outstanding?

Continental AG's average Accounts Receivable for the three months ended in Dec. 2023 was $8,784 Mil. Continental AG's Revenue for the three months ended in Dec. 2023 was $11,394 Mil. Hence, Continental AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.35.

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

CTTAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.47 Med: 65.83 Max: 88.84
Current: 72.06

During the past 13 years, Continental AG's highest Days Sales Outstanding was 88.84. The lowest was 58.47. And the median was 65.83.

CTTAF's Days Sales Outstanding is ranked worse than
63.86% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.715 vs CTTAF: 72.06

Continental AG's Days Sales Outstanding declined from Dec. 2022 (73.25) to Dec. 2023 (70.35).

Continental AG Days Sales Outstanding Historical Data

The historical data trend for Continental AG'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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Continental AG Days Sales Outstanding Chart

Continental AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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66.67

84.89

82.96

72.21

67.71

Continental AG 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															73.25	71.90	72.65	75.71	70.35

Competitive Comparison of Continental AG's Days Sales Outstanding

For the Auto Parts subindustry, Continental AG'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.

Continental AG's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

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

Continental AG 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.

Continental AG'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
=	( (8364.513	+	8393.457)	/	2 )	/	45169.575	*	365
=	8378.985					/	45169.575	*	365
=	67.71

Continental AG'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
=	( (9174.386	+	8393.457)	/	2 )	/	11394.002	*	365 / 4
=	8783.9215					/	11394.002	*	365 / 4
=	70.35

Continental AG (OTCPK:CTTAF) Days Sales Outstanding Explanation

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

Continental AG Days Sales Outstanding Related Terms

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Continental AG (Continental AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Continental AG (OTCPK:CTTAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CTTAY:USA CTT:Romania CON:Italy CONd:UK 0LQ1:UK CON:Germany

Address

Vahrenwalder Strasse 9, Hanover, NI, DEU, 30165

Website

https://www.continental.com

Continental is a global auto supplier and tiremaker. Operating segments include the automotive group (electrical architecture and networking, autonomous mobility, safety and motion, smart mobility, and user experience), tires, and ContiTech which uses rubber in industrial and automotive components and systems. Last year, automotive group revenue was around 48% of the total, tire was 35%, ContiTech was 16%, and contract manufacturing for Vitesco was 1%. Top five customers include Ford, Mercedes-Benz, the Renault-Nissan-Mitsubishi alliance, Stellantis, and Volkswagen, representing about 32% of total revenue. Europe, at 47% of total revenue, is the companies largest market, followed by North America at 27%, Asia (mostly China) at 22%, and 4% in other regions.