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Horizon Global (Horizon Global) Days Sales Outstanding : 53.44 (As of Sep. 2022)


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What is Horizon Global Days Sales Outstanding?

Horizon Global's average Accounts Receivable for the three months ended in Sep. 2022 was $87.2 Mil. Horizon Global's Revenue for the three months ended in Sep. 2022 was $149.0 Mil. Hence, Horizon Global's Days Sales Outstanding for the three months ended in Sep. 2022 was 53.44.

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

HZN's Days Sales Outstanding is not ranked *
in the Vehicles & Parts industry.
Industry Median: 60.74
* Ranked among companies with meaningful Days Sales Outstanding only.

Horizon Global's Days Sales Outstanding increased from Sep. 2021 (49.34) to Sep. 2022 (53.44).


Horizon Global Days Sales Outstanding Historical Data

The historical data trend for Horizon Global'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.

Horizon Global Days Sales Outstanding Chart

Horizon Global Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 34.61 47.78 44.10 43.91 39.23

Horizon Global Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 49.34 49.17 44.47 48.96 53.44

Competitive Comparison of Horizon Global's Days Sales Outstanding

For the Auto Parts subindustry, Horizon Global'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.


Horizon Global's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Horizon Global's Days Sales Outstanding distribution charts can be found below:

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



Horizon Global 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.

Horizon Global's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (87.42 + 80.72) / 2 ) / 782.12*365
=84.07 / 782.12*365
=39.23

Horizon Global's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding (Q: Sep. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Sep. 2022 )) / count ) / Revenue (A: Sep. 2022 )*Days in Period
=( (98.88 + 75.6) / 2 ) / 148.97*365 / 4
=87.24 / 148.97*365 / 4
=53.44

* 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.


Horizon Global  (NYSE:HZN) Days Sales Outstanding Explanation

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


Horizon Global Days Sales Outstanding Related Terms

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


Horizon Global (Horizon Global) Business Description

Traded in Other Exchanges
N/A
Address
47912 Halyard Drive, Suite 100, Plymouth, MI, USA, 48170
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
Executives
Jian James Zhou officer: Chief Financial Officer 47912 HALYARD DRIVE, STE.100, PLYMOUTH MI 48170
John Frederick Barrett director 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Corre Partners Management, Llc director, other: See Remarks 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
John C Kennedy director GRAND RAPIDS 616- 698 0707, KENTWOOD MI 49512
Ryan L Langdon director 1901 N ROSELLE RD., SUITE 500, SCHAUMBURG IL 60195
Terry Gohl director, officer: President, CEO 27175 HAGGERTY ROAD, NOVI MI 48377
Debra Sue Oler director 3 GRENADIER COURT, LINCOLNSHIRE IL 60069
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Matthew Pollick officer: Chief Operating Officer 47912 HALYARD ROAD, STE. 100, PLYMOUTH MI 48170
Dennis E. Richardville officer: Chief Financial Officer 47912 HALYARD DRIVE, SUITE 100, PLYMOUTH MI 48170
Matthew Joseph Meyer other: Chief Accounting Officer 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Richard J. Jok officer: Interim Chief Financial Office 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Atlas Capital Resources Ii Lp 10 percent owner ONE SOUND SHORE DRIVE, #203, GREENWICH CT 06830
James F Sistek officer: Chief Administrative Officer ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111