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Commercial Metals Co (STU:CMS) Days Sales Outstanding : 57.54 (As of Feb. 2024)


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What is Commercial Metals Co Days Sales Outstanding?

Commercial Metals Co's average Accounts Receivable for the three months ended in Feb. 2024 was €1,080 Mil. Commercial Metals Co's Revenue for the three months ended in Feb. 2024 was €1,713 Mil. Hence, Commercial Metals Co's Days Sales Outstanding for the three months ended in Feb. 2024 was 57.54.

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

STU:CMS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.46   Med: 54.76   Max: 80.69
Current: 52.83

During the past 13 years, Commercial Metals Co's highest Days Sales Outstanding was 80.69. The lowest was 50.46. And the median was 54.76.

STU:CMS's Days Sales Outstanding is ranked worse than
53.19% of 596 companies
in the Steel industry
Industry Median: 49.815 vs STU:CMS: 52.83

Commercial Metals Co's Days Sales Outstanding declined from Feb. 2023 (59.14) to Feb. 2024 (57.54).


Commercial Metals Co Days Sales Outstanding Historical Data

The historical data trend for Commercial Metals Co'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.

* Premium members only.

Commercial Metals Co Days Sales Outstanding Chart

Commercial Metals Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.42 65.37 53.72 47.32 56.06

Commercial Metals Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.14 49.17 51.40 55.74 57.54

Competitive Comparison of Commercial Metals Co's Days Sales Outstanding

For the Steel subindustry, Commercial Metals Co'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.


Commercial Metals Co's Days Sales Outstanding Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Commercial Metals Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Commercial Metals Co's Days Sales Outstanding falls into.



Commercial Metals Co 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.

Commercial Metals Co's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (1341.241 + 1137.279) / 2 ) / 8069.172*365
=1239.26 / 8069.172*365
=56.06

Commercial Metals Co's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (1123.909 + 1036.862) / 2 ) / 1713.362*365 / 4
=1080.3855 / 1713.362*365 / 4
=57.54

* 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.


Commercial Metals Co  (STU:CMS) Days Sales Outstanding Explanation

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


Commercial Metals Co Days Sales Outstanding Related Terms

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Commercial Metals Co (STU:CMS) Business Description

Traded in Other Exchanges
Address
6565 North MacArthur Boulevard, Irving, TX, USA, 75039
Commercial Metals Co operates steel mills, steel fabrication plants, and metal recycling facilities in the United States and manufactures rebar and structural steel, which are key product categories for the nonresidential construction sector. The Company has two reportable segments: North America and Europe.

Commercial Metals Co (STU:CMS) Headlines