H&E Equipment Services (FRA:H6P) Days Sales Outstanding : 59.27 (As of Mar. 2024)

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What is H&E Equipment Services Days Sales Outstanding?

H&E Equipment Services's average Accounts Receivable for the three months ended in Mar. 2024 was €222 Mil. H&E Equipment Services's Revenue for the three months ended in Mar. 2024 was €342 Mil. Hence, H&E Equipment Services's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.27.

The historical rank and industry rank for H&E Equipment Services's Days Sales Outstanding or its related term are showing as below:

FRA:H6P' s Days Sales Outstanding Range Over the Past 10 Years
Min: 48.3 Med: 54.03 Max: 61.89
Current: 56.73

During the past 13 years, H&E Equipment Services's highest Days Sales Outstanding was 61.89. The lowest was 48.30. And the median was 54.03.

FRA:H6P's Days Sales Outstanding is ranked better than
52.22% of 1036 companies
in the Business Services industry
Industry Median: 58.43 vs FRA:H6P: 56.73

H&E Equipment Services's Days Sales Outstanding declined from Mar. 2023 (61.58) to Mar. 2024 (59.27).

H&E Equipment Services Days Sales Outstanding Historical Data

The historical data trend for H&E Equipment Services'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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H&E Equipment Services Days Sales Outstanding Chart

H&E Equipment Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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61.15

63.59

49.47

52.59

57.38

H&E Equipment Services 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															61.58	56.47	54.26	58.91	59.27

Competitive Comparison of H&E Equipment Services's Days Sales Outstanding

For the Rental & Leasing Services subindustry, H&E Equipment Services'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.

H&E Equipment Services's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, H&E Equipment Services's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where H&E Equipment Services's Days Sales Outstanding falls into.

H&E Equipment Services 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.

H&E Equipment Services'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
=	( (204.168	+	219.417)	/	2 )	/	1347.271	*	365
=	211.7925					/	1347.271	*	365
=	57.38

H&E Equipment Services'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
=	( (219.417	+	224.42)	/	2 )	/	341.648	*	365 / 4
=	221.9185					/	341.648	*	365 / 4
=	59.27

H&E Equipment Services (FRA:H6P) Days Sales Outstanding Explanation

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

H&E Equipment Services Days Sales Outstanding Related Terms

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H&E Equipment Services (FRA:H6P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » H&E Equipment Services Inc (FRA:H6P) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HEES:USA

Address

7500 Pecue Lane, Baton Rouge, LA, USA, 70809

Website

https://www.he-equipment.com

H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.

H&E Equipment Services (FRA:H6P) Headlines

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