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Ferrari NV (XTER:2FE) Days Sales Outstanding : 16.85 (As of Dec. 2024)


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What is Ferrari NV Days Sales Outstanding?

Ferrari NV's average Accounts Receivable for the three months ended in Dec. 2024 was €321 Mil. Ferrari NV's Revenue for the three months ended in Dec. 2024 was €1,736 Mil. Hence, Ferrari NV's Days Sales Outstanding for the three months ended in Dec. 2024 was 16.85.

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

XTER:2FE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.95   Med: 21.66   Max: 25.82
Current: 17.46

During the past 13 years, Ferrari NV's highest Days Sales Outstanding was 25.82. The lowest was 14.95. And the median was 21.66.

XTER:2FE's Days Sales Outstanding is ranked better than
87.9% of 1298 companies
in the Vehicles & Parts industry
Industry Median: 60.065 vs XTER:2FE: 17.46

Ferrari NV's Days Sales Outstanding increased from Dec. 2023 (16.79) to Dec. 2024 (16.85).


Ferrari NV Days Sales Outstanding Historical Data

The historical data trend for Ferrari NV'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.

Ferrari NV Days Sales Outstanding Chart

Ferrari NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.93 15.78 14.95 15.09 16.69

Ferrari NV Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 16.79 18.03 18.51 17.25 16.85

Competitive Comparison of Ferrari NV's Days Sales Outstanding

For the Auto Manufacturers subindustry, Ferrari NV'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.


Ferrari NV's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Ferrari NV's Days Sales Outstanding distribution charts can be found below:

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


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Ferrari NV 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.

Ferrari NV's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (261.38 + 349.176) / 2 ) / 6676.668*365
=305.278 / 6676.668*365
=16.69

Ferrari NV's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (291.908 + 349.176) / 2 ) / 1735.541*365 / 4
=320.542 / 1735.541*365 / 4
=16.85

* 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.


Ferrari NV  (XTER:2FE) Days Sales Outstanding Explanation

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


Ferrari NV Days Sales Outstanding Related Terms

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Ferrari NV Business Description

Address
Via Abetone Inferiore n. 4, Maranello, ITA, I-41053
Ferrari designs, engineers, and manufactures some of the world's most expensive luxury cars. With supply carefully controlled to be below demand and a brand steeped in decades of motor racing history, a Ferrari is viewed as a status symbol. In 2024, the company sold 13,752 vehicles at an average price over EUR 480,000 with more than 70% of its vehicles being sold to existing Ferrari clients. Eighty-six percent of revenue is generated from the sale of cars and spare parts and 10% from sponsorship, commercial, and brand activities including racing and lifestyle activities. In 2024, the Europe, Middle East, and Africa region accounted for 47% of revenue, the Americas was 33%, mainland China, Hong Kong, and Taiwan was 8%, and the rest of Asia was 12%.

Ferrari NV Headlines

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