KION GROUP AG (XTER:KGX) Days Sales Outstanding : 56.62 (As of Mar. 2024)

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What is KION GROUP AG Days Sales Outstanding?

KION GROUP AG's average Accounts Receivable for the three months ended in Mar. 2024 was €1,774 Mil. KION GROUP AG's Revenue for the three months ended in Mar. 2024 was €2,859 Mil. Hence, KION GROUP AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 56.62.

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

XTER:KGX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.74 Med: 46 Max: 55.2
Current: 55.2

During the past 13 years, KION GROUP AG's highest Days Sales Outstanding was 55.20. The lowest was 43.74. And the median was 46.00.

XTER:KGX's Days Sales Outstanding is ranked better than
66.83% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.645 vs XTER:KGX: 55.20

KION GROUP AG's Days Sales Outstanding increased from Mar. 2023 (54.23) to Mar. 2024 (56.62).

KION GROUP AG Days Sales Outstanding Historical Data

The historical data trend for KION GROUP AG'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.

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KION GROUP AG Days Sales Outstanding Chart

KION GROUP AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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43.74

49.16

44.53

49.27

54.64

KION GROUP AG Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															54.23	54.72	58.82	51.90	56.62

Competitive Comparison of KION GROUP AG's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, KION GROUP AG'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.

KION GROUP AG's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, KION GROUP AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where KION GROUP AG's Days Sales Outstanding falls into.

KION GROUP AG 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.

KION GROUP AG'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
=	( (1667.3	+	1755.8)	/	2 )	/	11433.7	*	365
=	1711.55					/	11433.7	*	365
=	54.64

KION GROUP AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1755.8	+	1792)	/	2 )	/	2859.1	*	365 / 4
=	1773.9					/	2859.1	*	365 / 4
=	56.62

KION GROUP AG (XTER:KGX) Days Sales Outstanding Explanation

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

KION GROUP AG Days Sales Outstanding Related Terms

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KION GROUP AG (XTER:KGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » KION GROUP AG (XTER:KGX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KNNGF:USA KIGRY:USA 1KGX:Italy 0QFU:UK KGX:Austria

Address

Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549

Website

https://www.kiongroup.com

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

Executives

Valeria Jimena Gargiulo	Board of Directors
Hasan Dandashly	Board of Directors
Andreas Ulf Krinninger	Board of Directors
Andreas Krinninger	Board of Directors
Dr. Henry Puhl	Board of Directors

KION GROUP AG (XTER:KGX) Headlines

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