Vimi Fasteners SpA (MIL:VIM) Days Sales Outstanding : 99.92 (As of Jun. 2024)

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What is Vimi Fasteners SpA Days Sales Outstanding?

Vimi Fasteners SpA's average Accounts Receivable for the six months ended in Jun. 2024 was €16.13 Mil. Vimi Fasteners SpA's Revenue for the six months ended in Jun. 2024 was €29.47 Mil. Hence, Vimi Fasteners SpA's Days Sales Outstanding for the six months ended in Jun. 2024 was 99.92.

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

MIL:VIM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 70.69 Med: 90.22 Max: 113.65
Current: 100.82

During the past 9 years, Vimi Fasteners SpA's highest Days Sales Outstanding was 113.65. The lowest was 70.69. And the median was 90.22.

MIL:VIM's Days Sales Outstanding is ranked worse than
64.99% of 2951 companies
in the Industrial Products industry
Industry Median: 80.11 vs MIL:VIM: 100.82

Vimi Fasteners SpA's Days Sales Outstanding increased from Jun. 2023 (78.26) to Jun. 2024 (99.92).

Vimi Fasteners SpA Days Sales Outstanding Historical Data

The historical data trend for Vimi Fasteners 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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Vimi Fasteners SpA Days Sales Outstanding Chart

Vimi Fasteners SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.30

93.14

80.70

70.69

78.24

Vimi Fasteners SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial											76.77	72.21	78.26	100.07	99.92

Competitive Comparison of Vimi Fasteners SpA's Days Sales Outstanding

For the Tools & Accessories subindustry, Vimi Fasteners 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.

Vimi Fasteners SpA's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Vimi Fasteners SpA's Days Sales Outstanding falls into.

Vimi Fasteners 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.

Vimi Fasteners SpA'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
=	( (9.758	+	15.609)	/	2 )	/	59.169	*	365
=	12.6835					/	59.169	*	365
=	78.24

Vimi Fasteners SpA's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (15.609	+	16.657)	/	2 )	/	29.467	*	365 / 2
=	16.133					/	29.467	*	365 / 2
=	99.92

Vimi Fasteners SpA (MIL:VIM) Days Sales Outstanding Explanation

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

Vimi Fasteners SpA Days Sales Outstanding Related Terms

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Vimi Fasteners SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Vimi Fasteners SpA (MIL:VIM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Labriola, 19, Novellara, Reggio Emilia, ITA, 42017

Website

http://www.vimifasteners.com

Vimi Fasteners SpA is an Italy based company. It is engaged in design and manufacture of mechanical fasteners. The company serves different markets namely Automotive, Industrial Engines and Vehicles, Oil and Gas and Aerospace and Motorsport. The company offers Turbocharger, Engine, Manifold and Exhaust System, Power Transmission, Braking System and Suspension and Wheel. The company products are crankcase screws and studs, cylinder head screws, flywheel bolts and others.

Vimi Fasteners SpA Headlines

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