ITT's average Accounts Receivable for the
three
months ended in Dec. 2023 was $648 Mil. ITT's Revenue for the
three
months ended in Dec. 2023 was $829 Mil.
Hence, ITT's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 71.37.
The historical rank and industry rank for ITT's Days Sales Outstanding or its related term are showing as below:
ITT'
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.
ITT's Days Sales Outstanding is ranked better than 57.17% of 2958
companies
in the Industrial Products industry
Industry Median: 79.1
vs ITT: 71.87
ITT's Days Sales Outstanding
declined
from Dec. 2022 (72.00) to Dec. 2023 (71.37).
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.
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.
* 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.
ITT (NYSE:ITT) 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
Thank you for viewing the detailed overview of ITT's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
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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