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Kirby (KEX) Days Sales Outstanding : 59.45 (As of Dec. 2023)


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What is Kirby Days Sales Outstanding?

Kirby's average Accounts Receivable for the three months ended in Dec. 2023 was $521 Mil. Kirby's Revenue for the three months ended in Dec. 2023 was $799 Mil. Hence, Kirby's Days Sales Outstanding for the three months ended in Dec. 2023 was 59.45.

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

KEX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.23   Med: 59.32   Max: 61.76
Current: 60.71

During the past 13 years, Kirby's highest Days Sales Outstanding was 61.76. The lowest was 51.23. And the median was 59.32.

KEX's Days Sales Outstanding is ranked worse than
66.36% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs KEX: 60.71

Kirby's Days Sales Outstanding declined from Dec. 2022 (60.37) to Dec. 2023 (59.45).


Kirby Days Sales Outstanding Historical Data

The historical data trend for Kirby'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.

Kirby Days Sales Outstanding Chart

Kirby 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 51.23 58.37 59.56 59.07 59.63

Kirby Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 60.37 61.40 61.41 61.71 59.45

Competitive Comparison of Kirby's Days Sales Outstanding

For the Marine Shipping subindustry, Kirby'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.


Kirby's Days Sales Outstanding Distribution in the Transportation Industry

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

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



Kirby 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.

Kirby'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
=( (483.406 + 526.691) / 2 ) / 3091.64*365
=505.0485 / 3091.64*365
=59.63

Kirby's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (514.631 + 526.691) / 2 ) / 799.176*365 / 4
=520.661 / 799.176*365 / 4
=59.45

* 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.


Kirby  (NYSE:KEX) Days Sales Outstanding Explanation

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


Kirby Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kirby's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Kirby (KEX) Business Description

Traded in Other Exchanges
Address
55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barge. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's revenue is generated from the Marine Transportation segment.
Executives
Christian G. O'neil officer: VP - Human Resources 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Dorman Lynn Strahan officer: President - Marine Systems Inc
David W Grzebinski officer: Executive VP - Finance 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Richard Ross Stewart director 2707 N LOOP WEST 9TH FL, HOUSTON TX 77008
Richard J Alario director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Amy D. Husted officer: Vice President-Legal 55 WAUGH DRIVE,, SUITE 1000, HOUSTON TX 77007
Ronald A Dragg officer: Controller
Scott P Miller officer: VP - CIO C/O KIRBY CORPORATION, 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Raj Kumar officer: Exec VP and CFO 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
Kurt A. Niemietz officer: Vice President and Treasurer 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Julie Marie Kruger officer: VP Human Resources 55 WAUGH DRIVE, SUITE 1100, HOUSTON TX 77007
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Kim B Clarke officer: Vice President of Human Resour C/O KIRBY CORPORATION, 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Susan Leslie Dio director 47 SURREY RUN PLACE, THE WOODLANDS TX 77384
Tanya S Beder director 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451