WEGRY (Weir Group) Days Sales Outstanding : 71.49 (As of Jun. 2024)

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What is Weir Group Days Sales Outstanding?

Weir Group's average Accounts Receivable for the six months ended in Jun. 2024 was $602 Mil. Weir Group's Revenue for the six months ended in Jun. 2024 was $1,536 Mil. Hence, Weir Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 71.49.

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

WEGRY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.59 Med: 71.1 Max: 83.94
Current: 70.16

During the past 13 years, Weir Group's highest Days Sales Outstanding was 83.94. The lowest was 56.59. And the median was 71.10.

WEGRY's Days Sales Outstanding is ranked better than
61% of 2951 companies
in the Industrial Products industry
Industry Median: 80.11 vs WEGRY: 70.16

Weir Group's Days Sales Outstanding increased from Jun. 2023 (64.72) to Jun. 2024 (71.49).

Weir Group Days Sales Outstanding Historical Data

The historical data trend for Weir Group'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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Weir Group Days Sales Outstanding Chart

Weir Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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80.75

69.59

66.42

61.50

55.50

Weir Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	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															79.63	64.24	64.72	62.63	71.49

Competitive Comparison of Weir Group's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Weir Group'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.

Weir Group's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Weir Group 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.

Weir Group'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
=	( (508.892	+	505.823)	/	2 )	/	3336.709	*	365
=	507.3575					/	3336.709	*	365
=	55.50

Weir Group'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
=	( (505.823	+	697.455)	/	2 )	/	1535.878	*	365 / 2
=	601.639					/	1535.878	*	365 / 2
=	71.49

Weir Group (OTCPK:WEGRY) Days Sales Outstanding Explanation

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

Weir Group Days Sales Outstanding Related Terms

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Weir Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Weir Group PLC (OTCPK:WEGRY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WEIGF:USA WEIRl:UK WEIR:UK 42W:Germany

Address

1 West Regent Street, 10th Floor, Glasgow, GBR, G2 1RW

Website

https://www.global.weir

Weir Group PLC manufactures equipment for minerals and other industrial end markets. The company's operating segment includes Minerals and ESCO. The Minerals segment is into engineering, manufacturing and service processing technology used in abrasive, high-wear mining applications. It is also used in infrastructure and general industrial markets. The ESCO segment is into the provision of Ground Engaging Tools (G.E.T.) for large mining machines. It operates predominantly in mining and infrastructure markets where its technology improves productivity through extended wear life, increased safety and reduced energy consumption. The company generates maximum revenue from the Minerals segment. Geographically, the company derives a majority of its revenue from South America, U.S, and Canada.