Terex (FRA:TXG) Days Sales Outstanding : 43.47 (As of Mar. 2024)

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What is Terex Days Sales Outstanding?

Terex's average Accounts Receivable for the three months ended in Mar. 2024 was €566 Mil. Terex's Revenue for the three months ended in Mar. 2024 was €1,189 Mil. Hence, Terex's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.47.

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

FRA:TXG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.8 Med: 45.75 Max: 75.32
Current: 44.7

During the past 13 years, Terex's highest Days Sales Outstanding was 75.32. The lowest was 38.80. And the median was 45.75.

FRA:TXG's Days Sales Outstanding is ranked better than
79.9% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs FRA:TXG: 44.70

Terex's Days Sales Outstanding declined from Mar. 2023 (43.70) to Mar. 2024 (43.47).

Terex Days Sales Outstanding Historical Data

The historical data trend for Terex'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.

Terex Days Sales Outstanding Chart

Terex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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38.76

48.72

40.46

42.28

39.37

Terex 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															43.70	42.88	46.55	45.04	43.47

Competitive Comparison of Terex's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Terex'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.

Terex's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Terex's Days Sales Outstanding distribution charts can be found below:

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

Terex 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.

Terex'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
=	( (516.84	+	502.333)	/	2 )	/	4723.925	*	365
=	509.5865					/	4723.925	*	365
=	39.37

Terex'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
=	( (502.333	+	630.476)	/	2 )	/	1189.1	*	365 / 4
=	566.4045					/	1189.1	*	365 / 4
=	43.47

Terex (FRA:TXG) Days Sales Outstanding Explanation

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

Terex Days Sales Outstanding Related Terms

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Terex (FRA:TXG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Terex Corp (FRA:TXG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TEX:USA

Address

45 Glover Avenue, 4th Floor, Norwalk, CT, USA, 06850

Website

https://www.terex.com

Terex is a global manufacturer of aerial work platforms, materials processing equipment, and specialty equipment, such as material handlers, cranes, and concrete mixer trucks. Its current composition is a result of numerous acquisitions over several decades and a recent shift to focus on its two core segments after divesting a handful of underperforming businesses. Terex's remaining segments see heavy demand in nonresidential construction as well as in maintenance, manufacturing, energy, and materials management.