Martin Marietta Materials (BSP:M1LM34) Days Sales Outstanding : 52.43 (As of Mar. 2024)

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What is Martin Marietta Materials Days Sales Outstanding?

Martin Marietta Materials's average Accounts Receivable for the three months ended in Mar. 2024 was R$3,580 Mil. Martin Marietta Materials's Revenue for the three months ended in Mar. 2024 was R$6,230 Mil. Hence, Martin Marietta Materials's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.43.

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

BSP:M1LM34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41 Med: 42.69 Max: 46.74
Current: 46.74

During the past 13 years, Martin Marietta Materials's highest Days Sales Outstanding was 46.74. The lowest was 41.00. And the median was 42.69.

BSP:M1LM34's Days Sales Outstanding is ranked better than
61.32% of 380 companies
in the Building Materials industry
Industry Median: 55.43 vs BSP:M1LM34: 46.74

Martin Marietta Materials's Days Sales Outstanding declined from Mar. 2023 (53.35) to Mar. 2024 (52.43).

Martin Marietta Materials Days Sales Outstanding Historical Data

The historical data trend for Martin Marietta Materials'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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Martin Marietta Materials Days Sales Outstanding Chart

Martin Marietta Materials Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.47

39.47

43.43

47.65

42.62

Martin Marietta Materials 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															53.35	45.96	45.99	51.14	52.43

Competitive Comparison of Martin Marietta Materials's Days Sales Outstanding

For the Building Materials subindustry, Martin Marietta Materials'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.

Martin Marietta Materials's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's Days Sales Outstanding falls into.

Martin Marietta Materials 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.

Martin Marietta Materials'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
=	( (4096.657	+	3658.681)	/	2 )	/	33206.925	*	365
=	3877.669					/	33206.925	*	365
=	42.62

Martin Marietta Materials'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
=	( (3658.681	+	3500.799)	/	2 )	/	6229.73	*	365 / 4
=	3579.74					/	6229.73	*	365 / 4
=	52.43

Martin Marietta Materials (BSP:M1LM34) Days Sales Outstanding Explanation

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

Martin Marietta Materials Days Sales Outstanding Related Terms

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Martin Marietta Materials (BSP:M1LM34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Martin Marietta Materials Inc (BSP:M1LM34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MLM:USA MLM:Mexico MMX:Germany

Address

4123 Parklake Avenue, Raleigh, NC, USA, 27612

Website

https://www.martinmarietta.com

Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.

Martin Marietta Materials (BSP:M1LM34) Headlines

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