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AMETEK (LTS:0HF7) Days Sales Outstanding : 52.47 (As of Mar. 2024)


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What is AMETEK Days Sales Outstanding?

AMETEK's average Accounts Receivable for the three months ended in Mar. 2024 was $998 Mil. AMETEK's Revenue for the three months ended in Mar. 2024 was $1,736 Mil. Hence, AMETEK's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.47.

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

LTS:0HF7' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.94   Med: 53.11   Max: 56.82
Current: 51.72

During the past 13 years, AMETEK's highest Days Sales Outstanding was 56.82. The lowest was 46.94. And the median was 53.11.

LTS:0HF7's Days Sales Outstanding is ranked better than
79.64% of 2957 companies
in the Industrial Products industry
Industry Median: 79.38 vs LTS:0HF7: 51.72

AMETEK's Days Sales Outstanding increased from Mar. 2023 (52.02) to Mar. 2024 (52.47).


AMETEK Days Sales Outstanding Historical Data

The historical data trend for AMETEK'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.

AMETEK Days Sales Outstanding Chart

AMETEK 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 52.27 53.96 46.94 51.88 53.45

AMETEK 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 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 52.02 50.96 52.68 51.39 52.47

Competitive Comparison of AMETEK's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, AMETEK'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.


AMETEK's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMETEK's Days Sales Outstanding distribution charts can be found below:

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



AMETEK 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.

AMETEK'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
=( (919.335 + 1012.932) / 2 ) / 6596.95*365
=966.1335 / 6596.95*365
=53.45

AMETEK'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
=( (1012.932 + 983.893) / 2 ) / 1736.18*365 / 4
=998.4125 / 1736.18*365 / 4
=52.47

* 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.


AMETEK  (LTS:0HF7) Days Sales Outstanding Explanation

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


AMETEK Days Sales Outstanding Related Terms

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AMETEK (LTS:0HF7) Business Description

Traded in Other Exchanges
Address
1100 Cassatt Road, Berwyn, PA, USA, 19312-1177
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.

AMETEK (LTS:0HF7) Headlines

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