Ferrari NV (Ferrari NV) Days Sales Outstanding

: 16.60 (As of Dec. 2023)

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Ferrari NV's average Accounts Receivable for the three months ended in Dec. 2023 was $302 Mil. Ferrari NV's Revenue for the three months ended in Dec. 2023 was $1,661 Mil. Hence, Ferrari NV's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.60.

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

RACE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.95 Med: 21.89 Max: 25.82
Current: 17.02

During the past 12 years, Ferrari NV's highest Days Sales Outstanding was 25.82. The lowest was 14.95. And the median was 21.89.

RACE's Days Sales Outstanding is ranked better than
88.75% of 1271 companies
in the Vehicles & Parts industry
Industry Median: 60.7 vs RACE: 17.02

Ferrari NV's Days Sales Outstanding increased from Dec. 2022 (15.36) to Dec. 2023 (16.60).

Ferrari NV Days Sales Outstanding Historical Data

The historical data trend for Ferrari NV'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.

Ferrari NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

21.70

20.87

16.38

15.39

14.89

Ferrari NV 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																15.36	16.46	18.43	18.24	16.60

Competitive Comparison

For the Auto Manufacturers subindustry, Ferrari NV'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.

Ferrari NV Days Sales Outstanding Distribution

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

* The bar in red indicates where Ferrari NV's Days Sales Outstanding falls into.

Ferrari NV 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.

Ferrari NV'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
=	( (246.201	+	285.038)	/	2 )	/	6510.519	*	365
=	265.6195					/	6510.519	*	365
=	14.89

Ferrari NV'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
=	( (319.503	+	285.038)	/	2 )	/	1661.287	*	365 / 4
=	302.2705					/	1661.287	*	365 / 4
=	16.60

Ferrari NV (NYSE:RACE) Days Sales Outstanding Explanation

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

Ferrari NV Days Sales Outstanding Related Terms

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Ferrari NV (Ferrari NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Ferrari NV (NYSE:RACE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RACEN:Mexico RACE:Italy RACEm:UK 0RDT:UK 2FE:Germany 2FE:Germany 2FE:Germany 2FE:Germany RACE:Austria

Address

Via Abetone Inferiore n. 4, Maranello, ITA, I-41053

Website

https://www.ferrari.com

Ferrari engineers and manufactures some of the world's most expensive exotic sports cars. The Ferrari brand is synonymous with Formula One racing, exclusivity, Italian design, and state-of-the-art technology. Ferrari also has a captive finance company that provides funding for dealers and clients. In 2022, Europe, Middle East, and Africa accounted for 48% of revenue, the Americas was 28%, China was 12%, and the rest of Asia was 12%.