WashTec AG (LTS:0GJK) Days Sales Outstanding : 60.29 (As of Mar. 2024)

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What is WashTec AG Days Sales Outstanding?

WashTec AG's average Accounts Receivable for the three months ended in Mar. 2024 was €66.6 Mil. WashTec AG's Revenue for the three months ended in Mar. 2024 was €100.8 Mil. Hence, WashTec AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.29.

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

LTS:0GJK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.84 Med: 54.6 Max: 68.01
Current: 52.39

During the past 13 years, WashTec AG's highest Days Sales Outstanding was 68.01. The lowest was 46.84. And the median was 54.60.

LTS:0GJK's Days Sales Outstanding is ranked better than
79.55% of 2958 companies
in the Industrial Products industry
Industry Median: 79.61 vs LTS:0GJK: 52.39

WashTec AG's Days Sales Outstanding declined from Mar. 2023 (62.32) to Mar. 2024 (60.29).

WashTec AG Days Sales Outstanding Historical Data

The historical data trend for WashTec AG'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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WashTec AG Days Sales Outstanding Chart

WashTec AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.83

68.01

52.69

55.27

54.81

WashTec AG 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															62.32	50.57	53.73	47.91	60.29

Competitive Comparison of WashTec AG's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, WashTec AG'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.

WashTec AG's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WashTec AG's Days Sales Outstanding distribution charts can be found below:

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

WashTec AG 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.

WashTec AG'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
=	( (78.801	+	68.193)	/	2 )	/	489.468	*	365
=	73.497					/	489.468	*	365
=	54.81

WashTec AG'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
=	( (68.193	+	64.946)	/	2 )	/	100.756	*	365 / 4
=	66.5695					/	100.756	*	365 / 4
=	60.29

WashTec AG (LTS:0GJK) Days Sales Outstanding Explanation

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

WashTec AG Days Sales Outstanding Related Terms

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WashTec AG (LTS:0GJK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WashTec AG (LTS:0GJK) » Definitions » Days Sales Outstanding

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WSU:Germany

Address

Argonstrasse 7, Augsburg, DEU, 86153

Website

https://www.washtec.de

WashTec AG is a German holding company, which through its subsidiary provides industrial products. The core activity is that of developing car wash products and equipment and is performed by WashTec Cleaning Technology GmbH, which is one of its subsidiaries. The key products of WashTec are manufactured which include portal washing systems, water recovery, washing lines, and consumables such as washing chemicals, wash brushes, moreover spare parts.

WashTec AG (LTS:0GJK) Headlines

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