ITT (FRA:2II) Days Sales Outstanding : 72.15 (As of Dec. 2023)

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What is ITT Days Sales Outstanding?

ITT's average Accounts Receivable for the three months ended in Dec. 2023 was €601 Mil. ITT's Revenue for the three months ended in Dec. 2023 was €760 Mil. Hence, ITT's Days Sales Outstanding for the three months ended in Dec. 2023 was 72.15.

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

FRA:2II' s Days Sales Outstanding Range Over the Past 10 Years
Min: 64.67 Med: 72.74 Max: 80.99
Current: 71.87

During the past 13 years, ITT's highest Days Sales Outstanding was 80.99. The lowest was 64.67. And the median was 72.74.

FRA:2II's Days Sales Outstanding is ranked better than
57.23% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs FRA:2II: 71.87

ITT's Days Sales Outstanding declined from Dec. 2022 (74.50) to Dec. 2023 (72.15).

ITT Days Sales Outstanding Historical Data

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

ITT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.35

81.62

65.20

67.88

70.79

ITT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															74.50	72.61	72.71	73.12	72.15

Competitive Comparison of ITT's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, ITT'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.

ITT's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

ITT 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.

ITT'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
=	( (579.616	+	588.072)	/	2 )	/	3010.511	*	365
=	583.844					/	3010.511	*	365
=	70.79

ITT'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (614.297	+	588.072)	/	2 )	/	760.285	*	365 / 4
=	601.1845					/	760.285	*	365 / 4
=	72.15

ITT (FRA:2II) Days Sales Outstanding Explanation

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

ITT Days Sales Outstanding Related Terms

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ITT (FRA:2II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ITT Inc (FRA:2II) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ITT:USA 2II:Germany

Address

100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902

Website

https://www.itt.com

ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.

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