Ringmetall SE (FRA:HP3A) Days Sales Outstanding : 60.91 (As of Dec. 2023)

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What is Ringmetall SE Days Sales Outstanding?

Ringmetall SE's average Accounts Receivable for the six months ended in Dec. 2023 was €27.0 Mil. Ringmetall SE's Revenue for the six months ended in Dec. 2023 was €81.0 Mil. Hence, Ringmetall SE's Days Sales Outstanding for the six months ended in Dec. 2023 was 60.91.

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

FRA:HP3A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.34 Med: 45.26 Max: 58.58
Current: 50.5

During the past 13 years, Ringmetall SE's highest Days Sales Outstanding was 58.58. The lowest was 38.34. And the median was 45.26.

FRA:HP3A's Days Sales Outstanding is ranked better than
81.6% of 2945 companies
in the Industrial Products industry
Industry Median: 79.82 vs FRA:HP3A: 50.50

Ringmetall SE's Days Sales Outstanding increased from Dec. 2022 (50.81) to Dec. 2023 (60.91).

Ringmetall SE Days Sales Outstanding Historical Data

The historical data trend for Ringmetall SE'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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Ringmetall SE Days Sales Outstanding Chart

Ringmetall SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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42.52

45.61

41.01

38.34

44.98

Ringmetall SE Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															47.36	45.13	50.81	47.09	60.91

Competitive Comparison of Ringmetall SE's Days Sales Outstanding

For the Tools & Accessories subindustry, Ringmetall SE'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.

Ringmetall SE's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Ringmetall SE 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.

Ringmetall SE'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
=	( (21.282	+	23.473)	/	2 )	/	181.584	*	365
=	22.3775					/	181.584	*	365
=	44.98

Ringmetall SE'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (30.61	+	23.473)	/	2 )	/	81.021	*	365 / 2
=	27.0415					/	81.021	*	365 / 2
=	60.91

Ringmetall SE (FRA:HP3A) Days Sales Outstanding Explanation

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

Ringmetall SE Days Sales Outstanding Related Terms

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Ringmetall SE (FRA:HP3A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ringmetall SE (FRA:HP3A) » Definitions » Days Sales Outstanding

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HP3A:Germany

Address

Innere Wiener Street 9, Munich, BY, DEU, 81667

Website

https://www.ringmetall.de

Ringmetall SE is a supplier in the packaging industry with a focus on packaging elements in the field of industrial drums. Its main activities are allocated to the Industrial Packaging and Industrial Handling business units. The majority of its revenue is generated from industrial packaging segment. The products offered by the group are Clamping rings and lids, Vehicle attachment parts, and other products, of which a majority of the revenue is generated from the sales of Clamping rings and lids. The Industrial packaging segment covers the production and sale of clamping rings and the associated closures, whereas the Industrial Handling segment includes the production and marketing of vehicle attachment parts for special vehicles in logistics and warehouse logistics as well as agriculture.

Ringmetall SE (FRA:HP3A) Headlines

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