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Howmet Aerospace (XSGO:HWMCL) Days Sales Outstanding : 36.52 (As of Mar. 2024)


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What is Howmet Aerospace Days Sales Outstanding?

Howmet Aerospace's average Accounts Receivable for the three months ended in Mar. 2024 was CLP637,253 Mil. Howmet Aerospace's Revenue for the three months ended in Mar. 2024 was CLP1,592,261 Mil. Hence, Howmet Aerospace's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.52.

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

XSGO:HWMCL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.51   Med: 28.48   Max: 56.06
Current: 37.09

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.

XSGO:HWMCL's Days Sales Outstanding is ranked better than
79.67% of 300 companies
in the Aerospace & Defense industry
Industry Median: 63.78 vs XSGO:HWMCL: 37.09

Howmet Aerospace's Days Sales Outstanding increased from Mar. 2023 (34.46) to Mar. 2024 (36.52).


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.

* Premium members only.

Howmet Aerospace Days Sales Outstanding Chart

Howmet Aerospace Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.14 32.05 23.60 28.12 32.37

Howmet Aerospace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34.46 36.02 35.65 37.34 36.52

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
=( (438707.073 + 589241.241) / 2 ) / 5796387.908*365
=513974.157 / 5796387.908*365
=32.37

Howmet Aerospace'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
=( (589241.241 + 685265.739) / 2 ) / 1592260.775*365 / 4
=637253.49 / 1592260.775*365 / 4
=36.52

* 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.


Howmet Aerospace  (XSGO:HWMCL) 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 (XSGO:HWMCL) Business Description

Traded in Other Exchanges
Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
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 innovative solutions through offering differentiated products such as airfoils with advanced 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.

Howmet Aerospace (XSGO:HWMCL) Headlines

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