Spectris (LSE:SXS) Days Sales Outstanding : 67.96 (As of Dec. 2023)

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What is Spectris Days Sales Outstanding?

Spectris's average Accounts Receivable for the six months ended in Dec. 2023 was £278 Mil. Spectris's Revenue for the six months ended in Dec. 2023 was £747 Mil. Hence, Spectris's Days Sales Outstanding for the six months ended in Dec. 2023 was 67.96.

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

LSE:SXS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.01 Med: 65.97 Max: 78.25
Current: 70.47

During the past 13 years, Spectris's highest Days Sales Outstanding was 78.25. The lowest was 59.01. And the median was 65.97.

LSE:SXS's Days Sales Outstanding is ranked better than
54.53% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs LSE:SXS: 70.47

Spectris's Days Sales Outstanding declined from Dec. 2022 (74.09) to Dec. 2023 (67.96).

Spectris Days Sales Outstanding Historical Data

The historical data trend for Spectris'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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Spectris Days Sales Outstanding Chart

Spectris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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72.58

78.25

74.71

72.00

65.84

Spectris Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															75.01	91.52	74.09	77.92	67.96

Competitive Comparison of Spectris's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Spectris'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.

Spectris's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Spectris's Days Sales Outstanding distribution charts can be found below:

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

Spectris 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.

Spectris'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
=	( (283.3	+	239.5)	/	2 )	/	1449.2	*	365
=	261.4					/	1449.2	*	365
=	65.84

Spectris'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (316.6	+	239.5)	/	2 )	/	746.7	*	365 / 2
=	278.05					/	746.7	*	365 / 2
=	67.96

Spectris (LSE:SXS) Days Sales Outstanding Explanation

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

Spectris Days Sales Outstanding Related Terms

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Spectris (LSE:SXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Spectris PLC (LSE:SXS) » Definitions » Days Sales Outstanding

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SEPJF:USA SXSl:UK

Address

44-46 Aldwych, Melbourne House, 5th Floor, London, GBR, WC2B 4LL

Website

http://www.spectris.com

Spectris PLC supplies measuring instruments for research and industrial applications. The firm operates in four segments: Industrial Solutions, which includes a range of specialty businesses involved in particle measurement and testing; Malvern Panalytical, which provides tools for measuring the structure, size, and amount of particles during research and production; HBK, which makes measuring tools for product design and improvement; and Omega, which provides tools for measuring and controlling temperature, humidity, pressure, and conductivity. Revenue is generated in Asia, Europe, and North America in industries such as pharmaceutical, mining, and academic research.

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