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Russel Metals (FRA:RMZ) Days Sales Outstanding : 45.01 (As of Sep. 2024)


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What is Russel Metals Days Sales Outstanding?

Russel Metals's average Accounts Receivable for the three months ended in Sep. 2024 was €357 Mil. Russel Metals's Revenue for the three months ended in Sep. 2024 was €725 Mil. Hence, Russel Metals's Days Sales Outstanding for the three months ended in Sep. 2024 was 45.01.

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

FRA:RMZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.93   Med: 45.73   Max: 53.18
Current: 44.35

During the past 13 years, Russel Metals's highest Days Sales Outstanding was 53.18. The lowest was 36.93. And the median was 45.73.

FRA:RMZ's Days Sales Outstanding is ranked better than
78.95% of 152 companies
in the Industrial Distribution industry
Industry Median: 60.395 vs FRA:RMZ: 44.35

Russel Metals's Days Sales Outstanding declined from Sep. 2023 (46.92) to Sep. 2024 (45.01).


Russel Metals Days Sales Outstanding Historical Data

The historical data trend for Russel Metals'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.

Russel Metals Days Sales Outstanding Chart

Russel Metals 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 48.78 55.17 36.90 36.83 37.96

Russel Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 46.92 45.12 41.17 43.04 45.01

Competitive Comparison of Russel Metals's Days Sales Outstanding

For the Industrial Distribution subindustry, Russel Metals'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.


Russel Metals's Days Sales Outstanding Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Russel Metals's Days Sales Outstanding distribution charts can be found below:

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



Russel Metals 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.

Russel Metals'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
=( (336.81 + 303.616) / 2 ) / 3079.291*365
=320.213 / 3079.291*365
=37.96

Russel Metals's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (338.046 + 376.736) / 2 ) / 724.605*365 / 4
=357.391 / 724.605*365 / 4
=45.01

* 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.


Russel Metals  (FRA:RMZ) Days Sales Outstanding Explanation

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


Russel Metals Days Sales Outstanding Related Terms

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Russel Metals Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; Energy Field Stores; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The Energy Field Stores segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.

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