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Martin Marietta Materials (Martin Marietta Materials) Days Sales Outstanding : 50.90 (As of Dec. 2023)


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What is Martin Marietta Materials Days Sales Outstanding?

Martin Marietta Materials's average Accounts Receivable for the three months ended in Dec. 2023 was $897 Mil. Martin Marietta Materials's Revenue for the three months ended in Dec. 2023 was $1,608 Mil. Hence, Martin Marietta Materials's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.90.

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

MLM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 41   Med: 42.69   Max: 46.87
Current: 46.87

During the past 13 years, Martin Marietta Materials's highest Days Sales Outstanding was 46.87. The lowest was 41.00. And the median was 42.69.

MLM's Days Sales Outstanding is ranked better than
61.58% of 380 companies
in the Building Materials industry
Industry Median: 55.495 vs MLM: 46.87

Martin Marietta Materials's Days Sales Outstanding declined from Dec. 2022 (55.40) to Dec. 2023 (50.90).


Martin Marietta Materials Days Sales Outstanding Historical Data

The historical data trend for Martin Marietta Materials'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.

Martin Marietta Materials Days Sales Outstanding Chart

Martin Marietta Materials 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 41.53 43.87 45.17 45.87 41.14

Martin Marietta Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 55.40 53.16 44.50 46.37 50.90

Competitive Comparison of Martin Marietta Materials's Days Sales Outstanding

For the Building Materials subindustry, Martin Marietta Materials'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.


Martin Marietta Materials's Days Sales Outstanding Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's Days Sales Outstanding falls into.



Martin Marietta Materials 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.

Martin Marietta Materials'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
=( (781 + 746.7) / 2 ) / 6777.2*365
=763.85 / 6777.2*365
=41.14

Martin Marietta Materials'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1047.5 + 746.7) / 2 ) / 1608.2*365 / 4
=897.1 / 1608.2*365 / 4
=50.90

* 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.


Martin Marietta Materials  (NYSE:MLM) Days Sales Outstanding Explanation

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


Martin Marietta Materials Days Sales Outstanding Related Terms

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


Martin Marietta Materials (Martin Marietta Materials) Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
Executives
Craig M Latorre officer: Sr. VP, CHRO 2710 WYCLIFF ROAD, RALEIGH NC 27607
Kelly Gean Bennett officer: Sr VP, Human Resources 4123 PARKLAKE AVENUE, RALEIGH NC 27612
Sue W Cole director C/O US TRUST CO OF NORTH CAROLINA, 301 N. ELM ST., GREENSBORO NC 27401
Oliver W Brooks officer: SVP - Enterprise Excellence 4123 PARKLAKE AVENUE, RALEIGH NC 27612
John P Mohr officer: SVP - CIO 2710 WYCLIFF ROAD, RALEIGH NC 27607
Michael J Petro officer: SVP - Strategy and Development 4123 PARKLAKE AVENUE, RALEIGH NC 27612
C Howard Nye officer: Pres & Chief Operating Officer 2710 WYCLIFF ROAD, RALEIGH NC 27607
Roselyn R Bar officer: VP, Gen. Counsel and Secy C/O MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Zelnak Stephen P Jr director, officer: Chairman, President and CEO MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David C Wajsgras director 870 WINTER STREET, WALTHAM MA 02451
John J Koraleski director MARTIN MARIETTA, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Daniel L. Grant officer: SVP - Strategy and Development 2710 WYCLIFF ROAD, RALEIGH NC 27607
Thomas Pike director C/O ACCENTURE, 161 N. CLARK STREET, 23RD FLOOR, CHICAGO IL 60601
Laree E Perez director 1111 LOUISIANA STREET, HOUSTON TX 77002

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