Somec SpA (MIL:SOM) Days Sales Outstanding : 80.05 (As of Jun. 2023)

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What is Somec SpA Days Sales Outstanding?

Somec SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €84.0 Mil. Somec SpA's Revenue for the six months ended in Jun. 2023 was €191.5 Mil. Hence, Somec SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 80.05.

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

MIL:SOM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.68 Med: 102.22 Max: 331.89
Current: 80.67

During the past 6 years, Somec SpA's highest Days Sales Outstanding was 331.89. The lowest was 79.68. And the median was 102.22.

MIL:SOM's Days Sales Outstanding is ranked worse than
55.36% of 1642 companies
in the Construction industry
Industry Median: 72.53 vs MIL:SOM: 80.67

Somec SpA's Days Sales Outstanding declined from Jun. 2022 (90.44) to Jun. 2023 (80.05).

Somec SpA Days Sales Outstanding Historical Data

The historical data trend for Somec 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.

Somec SpA Days Sales Outstanding Chart

Somec SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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105.91

79.68

101.45

102.98

89.68

Somec SpA Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial								96.11	108.01	90.44	83.12	80.05

Competitive Comparison of Somec SpA's Days Sales Outstanding

For the Building Products & Equipment subindustry, Somec 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.

Somec SpA's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Somec SpA's Days Sales Outstanding distribution charts can be found below:

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

Somec 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.

Somec SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (75.86	+	84.152)	/	2 )	/	325.616	*	365
=	80.006					/	325.616	*	365
=	89.68

Somec SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (84.152	+	83.817)	/	2 )	/	191.47	*	365 / 2
=	83.9845					/	191.47	*	365 / 2
=	80.05

Somec SpA (MIL:SOM) Days Sales Outstanding Explanation

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

Somec SpA Days Sales Outstanding Related Terms

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Somec SpA (MIL:SOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Somec SpA (MIL:SOM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Palu, 30, San Vendemiano, Treviso, ITA, 31020

Website

http://www.somecgroup.com

Somec SpA designs and manufactures glass envelopes for cruise ships and special architectural projects. Its products include balcony sliding doors, public area doors, handrails, windscreens, and balcony dividers.

Somec SpA (MIL:SOM) Headlines

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