Shimmick (Shimmick) Days Sales Outstanding : 39.48 (As of Mar. 2024)

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What is Shimmick Days Sales Outstanding?

Shimmick's average Accounts Receivable for the three months ended in Mar. 2024 was $51.9 Mil. Shimmick's Revenue for the three months ended in Mar. 2024 was $120.0 Mil. Hence, Shimmick's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.48.

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

SHIM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.9 Med: 51.23 Max: 82.86
Current: 36.2

During the past 3 years, Shimmick's highest Days Sales Outstanding was 82.86. The lowest was 31.90. And the median was 51.23.

SHIM's Days Sales Outstanding is ranked better than
85.37% of 1641 companies
in the Construction industry
Industry Median: 73.38 vs SHIM: 36.20

Shimmick's Days Sales Outstanding increased from Mar. 2023 (31.38) to Mar. 2024 (39.48).

Shimmick Days Sales Outstanding Historical Data

The historical data trend for Shimmick'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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Shimmick Days Sales Outstanding Chart

Shimmick Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

82.86

51.23

31.90

Shimmick Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial				31.38	36.00	33.72	40.52	39.48

Competitive Comparison of Shimmick's Days Sales Outstanding

For the Engineering & Construction subindustry, Shimmick'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.

Shimmick's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shimmick's Days Sales Outstanding distribution charts can be found below:

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

Shimmick 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.

Shimmick'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
=	( (56.43	+	54.178)	/	2 )	/	632.806	*	365
=	55.304					/	632.806	*	365
=	31.90

Shimmick's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (54.178	+	49.7)	/	2 )	/	120.043	*	365 / 4
=	51.939					/	120.043	*	365 / 4
=	39.48

Shimmick (NAS:SHIM) Days Sales Outstanding Explanation

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

Shimmick Days Sales Outstanding Related Terms

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Shimmick (Shimmick) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shimmick Corp (NAS:SHIM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

530 Technology Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.shimmick.com

Shimmick Corp is a leading provider of water and other critical infrastructure solutions nationwide. It selectively focuses on the following types of infrastructure projects: Water Treatment, Water Resources, and Other Critical Infrastructure. In water treatment projects the company expands, rehabilitates, upgrades, builds and rebuilds water and wastewater treatment infrastructure, including desalination plants. In water resources projects company builds, expands, and improves water storage and conveyance, dams, levees, flood control systems, pump stations, and coastal protection. In Other Critical Infrastructure projects, It builds, retrofits, expands, rehabilitates, operates, and maintains its nation's critical infrastructure, including mass transit, bridges, and military infrastructure.

Shimmick (Shimmick) Headlines

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