GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Commercial Vehicle Group Inc (NAS:CVGI) » Definitions » Days Sales Outstanding

CVGI (Commercial Vehicle Group) Days Sales Outstanding : 68.71 (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Commercial Vehicle Group Days Sales Outstanding?

Commercial Vehicle Group's average Accounts Receivable for the three months ended in Dec. 2024 was $123.0 Mil. Commercial Vehicle Group's Revenue for the three months ended in Dec. 2024 was $163.3 Mil. Hence, Commercial Vehicle Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 68.71.

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

CVGI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.3   Med: 61.38   Max: 76.28
Current: 60.37

During the past 13 years, Commercial Vehicle Group's highest Days Sales Outstanding was 76.28. The lowest was 49.30. And the median was 61.38.

CVGI's Days Sales Outstanding is ranked worse than
50.54% of 1294 companies
in the Vehicles & Parts industry
Industry Median: 60.185 vs CVGI: 60.37

Commercial Vehicle Group's Days Sales Outstanding increased from Dec. 2023 (68.11) to Dec. 2024 (68.71).


Commercial Vehicle Group Days Sales Outstanding Historical Data

The historical data trend for Commercial Vehicle Group'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.

Commercial Vehicle Group Days Sales Outstanding Chart

Commercial Vehicle Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.69 61.16 76.28 61.59 62.58

Commercial Vehicle Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 68.11 53.96 56.33 70.64 68.71

Competitive Comparison of Commercial Vehicle Group's Days Sales Outstanding

For the Auto Parts subindustry, Commercial Vehicle Group'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.


Commercial Vehicle Group's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where Commercial Vehicle Group's Days Sales Outstanding falls into.


;
;

Commercial Vehicle Group 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.

Commercial Vehicle Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (129.346 + 118.683) / 2 ) / 723.355*365
=124.0145 / 723.355*365
=62.58

Commercial Vehicle Group's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (127.247 + 118.683) / 2 ) / 163.292*365 / 4
=122.965 / 163.292*365 / 4
=68.71

* 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.


Commercial Vehicle Group  (NAS:CVGI) Days Sales Outstanding Explanation

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


Commercial Vehicle Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Commercial Vehicle Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Commercial Vehicle Group Business Description

Traded in Other Exchanges
Address
7800 Walton Parkway, New Albany, OH, USA, 43054
Commercial Vehicle Group Inc is a provider of systems, assemblies, and components to the commercial vehicle market and the electric vehicle markets. It delivers solutions to complex design, engineering, and manufacturing problems while creating positive change for customers, industries, and communities. Its operating segments are Vehicle Solutions, Electrical Systems, and Aftermarket and Accessories. The company makes the majority of its revenue from Vehicle Solutions. The group generates revenue from its products including seating systems, plastic components, electrical wire harnesses, mirrors, wipers, and other accessories. Its geographic regions are North America, Europe and Asia-Pacific.
Executives
Ray James R Jr director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
J Michael Nauman director C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Robert C Griffin director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Wayne M Rancourt director 1111 WEST JEFFERSON STREET, SUITE 300, P O BOX 50, BOISE ID 83728
Melanie K. Cook director 4545 W. BROWN DEER ROAD, P.O. BOX 245036, MILWAUKEE WI 53224
Roger L Fix director
Chung Kin Cheung officer: EVP & CFO COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Aneezal H Mohamed officer: General Counsel, Cmp Ofc & Sec COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Richard Iii Tajer officer: SVP & Chief Commercial Officer COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Kristin S Mathers officer: Chief HR Officer COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Christopher H Bohnert officer: CFO & Chief Accounting Officer 2780 WATERFRONT PARKWAY EAST DRIVE, SUITE 200, INDIANAPOLIS IN 46214
Harold C Bevis director 8537 SIX FORKS RD., SUITE 300, RALEIGH NC 27615
Ruth Gratzke director COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Angela M O'leary other: VP, Controller & Ch Acct Offcr COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054
Edmund S Carney officer: Interim CFO COMMERCIAL VEHICLE GROUP, INC., 7800 WALTON PARKWAY, NEW ALBANY OH 43054