Comer Industries SpA (MIL:COM) Days Sales Outstanding : 74.04 (As of Dec. 2023)

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What is Comer Industries SpA Days Sales Outstanding?

Comer Industries SpA's average Accounts Receivable for the six months ended in Dec. 2023 was €222 Mil. Comer Industries SpA's Revenue for the six months ended in Dec. 2023 was €547 Mil. Hence, Comer Industries SpA's Days Sales Outstanding for the six months ended in Dec. 2023 was 74.04.

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

MIL:COM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.6 Med: 74.36 Max: 86.02
Current: 64.8

During the past 9 years, Comer Industries SpA's highest Days Sales Outstanding was 86.02. The lowest was 59.60. And the median was 74.36.

MIL:COM's Days Sales Outstanding is ranked better than
56.94% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs MIL:COM: 64.80

Comer Industries SpA's Days Sales Outstanding increased from Dec. 2022 (66.00) to Dec. 2023 (74.04).

Comer Industries SpA Days Sales Outstanding Historical Data

The historical data trend for Comer Industries SpA'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.

Comer Industries SpA Days Sales Outstanding Chart

Comer Industries SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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69.81

75.11

86.02

59.60

61.70

Comer Industries SpA Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											94.24	61.18	66.00	60.14	74.04

Competitive Comparison of Comer Industries SpA's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Comer Industries SpA'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.

Comer Industries SpA's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Comer Industries SpA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Comer Industries SpA's Days Sales Outstanding falls into.

Comer Industries SpA 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.

Comer Industries SpA'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
=	( (207.995	+	205.797)	/	2 )	/	1223.938	*	365
=	206.896					/	1223.938	*	365
=	61.70

Comer Industries SpA'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (238.088	+	205.797)	/	2 )	/	547.075	*	365 / 2
=	221.9425					/	547.075	*	365 / 2
=	74.04

Comer Industries SpA (MIL:COM) Days Sales Outstanding Explanation

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

Comer Industries SpA Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Comer Industries SpA's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Comer Industries SpA (MIL:COM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Comer Industries SpA (MIL:COM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

X5Q:Germany

Address

Via Magellano, 27, Reggiolo, ITA, 42046

Website

https://www.comerindustries.com

Comer Industries SpA is engaged in the design and production of advanced engineering systems and mechatronic solutions for power transmission. It operates in the sectors of agricultural machinery, construction equipment and forestry, energy and industry. The products offered by the group include Gearboxes, Driveshafts, Powertrain, Planetary drives and Wheel drives.

Comer Industries SpA (MIL:COM) Headlines

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