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RTX (FRA:5UR) Days Sales Outstanding : 49.83 (As of Mar. 2024)


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What is RTX Days Sales Outstanding?

RTX's average Accounts Receivable for the three months ended in Mar. 2024 was €9,698 Mil. RTX's Revenue for the three months ended in Mar. 2024 was €17,761 Mil. Hence, RTX's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.83.

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

FRA:5UR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.07   Med: 68.85   Max: 141.29
Current: 52.58

During the past 13 years, RTX's highest Days Sales Outstanding was 141.29. The lowest was 51.07. And the median was 68.85.

FRA:5UR's Days Sales Outstanding is ranked better than
61.46% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.6 vs FRA:5UR: 52.58

RTX's Days Sales Outstanding declined from Mar. 2023 (51.09) to Mar. 2024 (49.83).


RTX Days Sales Outstanding Historical Data

The historical data trend for RTX'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.

RTX Days Sales Outstanding Chart

RTX 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 91.28 60.72 51.75 49.43 53.53

RTX 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 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 51.09 50.05 67.14 48.35 49.83

Competitive Comparison of RTX's Days Sales Outstanding

For the Aerospace & Defense subindustry, RTX'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.


RTX's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, RTX's Days Sales Outstanding distribution charts can be found below:

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



RTX 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.

RTX'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
=( (8597.952 + 9938.446) / 2 ) / 63199.64*365
=9268.199 / 63199.64*365
=53.53

RTX'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
=( (9938.446 + 9457.6) / 2 ) / 17760.6*365 / 4
=9698.023 / 17760.6*365 / 4
=49.83

* 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.


RTX  (FRA:5UR) Days Sales Outstanding Explanation

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


RTX Days Sales Outstanding Related Terms

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RTX (FRA:5UR) Business Description

Address
1000 Wilson Boulevard, Arlington, VA, USA, 22209
RTX is a diversified aerospace and defense industrial company formed from the merger of United Technologies and Raytheon, with roughly equal exposure as a supplier to commercial aerospace manufacturers and to the defense market. The company operates in three segments: Collins Aerospace, a diversified aerospace supplier; Pratt & Whitney, an aircraft engine manufacturer; and Raytheon, a defense prime contractor providing a mix of missiles, missile defense systems, sensors, hardware, and communications technology to the military.

RTX (FRA:5UR) Headlines

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