Danieli & C. Officine Meccaniche SpA (LTS:0N4I) Days Sales Outstanding : 98.47 (As of Dec. 2023)

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What is Danieli & C. Officine Meccaniche SpA Days Sales Outstanding?

Danieli & C. Officine Meccaniche SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €1,105 Mil. Danieli & C. Officine Meccaniche SpA's Revenue for the six months ended in Dec. 2023 was €2,048 Mil. Hence, Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 98.47.

The historical rank and industry rank for Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding or its related term are showing as below:

LTS:0N4I' s Days Sales Outstanding Range Over the Past 10 Years
Min: 90.15 Med: 140.1 Max: 152.74
Current: 90.15

During the past 13 years, Danieli & C. Officine Meccaniche SpA's highest Days Sales Outstanding was 152.74. The lowest was 90.15. And the median was 140.10.

LTS:0N4I's Days Sales Outstanding is ranked worse than
59% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs LTS:0N4I: 90.15

Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding declined from Dec. 2022 (106.14) to Dec. 2023 (98.47).

Danieli & C. Officine Meccaniche SpA Days Sales Outstanding Historical Data

The historical data trend for Danieli & C. Officine Meccaniche 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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Danieli & C. Officine Meccaniche SpA Days Sales Outstanding Chart

Danieli & C. Officine Meccaniche SpA Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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144.83

152.74

123.06

102.68

99.10

Danieli & C. Officine Meccaniche SpA 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															102.55	89.04	106.14	84.08	98.47

Competitive Comparison of Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Danieli & C. Officine Meccaniche 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.

Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding falls into.

Danieli & C. Officine Meccaniche 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.

Danieli & C. Officine Meccaniche SpA's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1110.042	+	1101.97)	/	2 )	/	4073.77	*	365
=	1106.006					/	4073.77	*	365
=	99.10

Danieli & C. Officine Meccaniche 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1101.97	+	1107.829)	/	2 )	/	2047.812	*	365 / 2
=	1104.8995					/	2047.812	*	365 / 2
=	98.47

Danieli & C. Officine Meccaniche SpA (LTS:0N4I) Days Sales Outstanding Explanation

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

Danieli & C. Officine Meccaniche SpA Days Sales Outstanding Related Terms

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Danieli & C. Officine Meccaniche SpA (LTS:0N4I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Danieli & C. Officine Meccaniche SpA (LTS:0N4I) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DANR:Italy DAN:Italy DANRm:UK 0APM:UK DAS:Germany

Address

Via Nazionale 41, Buttrio, Udine, ITA, 33042

Website

https://www.danieli.com

Danieli & C. Officine Meccaniche SpA is an Italy-based company that is engaged in manufacturing and distribution of steel and other nonferrous metal products as well as plant building. The company operates through two segments, namely steelmaking and plant making. The Steelmaking segment manufactures ingots, forged bars, blooms, rolled bars, bar in coils and others. End customers primarily come from the mechanical, automotive, oil & gas, power generation and other sectors. The Plant Making segment designs and builds mines, pellet production plants, furnaces, rolling mills and other various plants and facilities. The company has a global presence, with Europe, Middle East and Far East being the three largest markets for the company.

Danieli & C. Officine Meccaniche SpA (LTS:0N4I) Headlines

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