Howmet Aerospace (MEX:HWM) Days Sales Outstanding : 36.15 (As of Sep. 2024)

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What is Howmet Aerospace Days Sales Outstanding?

Howmet Aerospace's average Accounts Receivable for the three months ended in Sep. 2024 was MXN14,314 Mil. Howmet Aerospace's Revenue for the three months ended in Sep. 2024 was MXN36,132 Mil. Hence, Howmet Aerospace's Days Sales Outstanding for the three months ended in Sep. 2024 was 36.15.

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

MEX:HWM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.51 Med: 28.48 Max: 56.06
Current: 36.95

During the past 10 years, Howmet Aerospace's highest Days Sales Outstanding was 56.06. The lowest was 25.51. And the median was 28.48.

MEX:HWM's Days Sales Outstanding is ranked better than
79.02% of 305 companies
in the Aerospace & Defense industry
Industry Median: 64.57 vs MEX:HWM: 36.95

Howmet Aerospace's Days Sales Outstanding declined from Sep. 2023 (37.44) to Sep. 2024 (36.15).

Howmet Aerospace Days Sales Outstanding Historical Data

The historical data trend for Howmet Aerospace'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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Howmet Aerospace Days Sales Outstanding Chart

Howmet Aerospace Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.02

30.56

25.15

28.75

34.53

Howmet Aerospace Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															37.44	37.10	36.90	35.44	36.15

Competitive Comparison of Howmet Aerospace's Days Sales Outstanding

For the Aerospace & Defense subindustry, Howmet Aerospace'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.

Howmet Aerospace's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Howmet Aerospace's Days Sales Outstanding falls into.

Howmet Aerospace 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.

Howmet Aerospace'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
=	( (9864.976	+	11457.617)	/	2 )	/	112709.007	*	365
=	10661.2965					/	112709.007	*	365
=	34.53

Howmet Aerospace's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (13721.757	+	14905.557)	/	2 )	/	36131.701	*	365 / 4
=	14313.657					/	36131.701	*	365 / 4
=	36.15

Howmet Aerospace (MEX:HWM) Days Sales Outstanding Explanation

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

Howmet Aerospace Days Sales Outstanding Related Terms

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Howmet Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (MEX:HWM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HWMp.PFD:USA HWM:USA 0TCU:UK 48Z:Germany ARNC34:Brazil HWM:Austria HWM:Argentina

Address

201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872

Website

https://www.howmet.com

Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with solutions through offering differentiated products such as airfoils with cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.