Fastenal Company

NASDAQ FAST

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Fastenal Company Average Collection Period for the quarter ending March 31, 2024: 130.02

Fastenal Company Average Collection Period is 130.02 for the quarter ending March 31, 2024. The average collection period measures the average number of days it takes for a company to collect payments from its customers. It is calculated by dividing 365 by the ratio of revenue to the average of receivables and other current assets. A lower average collection period indicates a more efficient collection process and better cash flow management, while a higher period may suggest delayed payments and potential liquidity challenges.
  • Fastenal Company Average Collection Period for the quarter ending March 31, 2022 was 128.41, a 2.26% change year over year.
  • Fastenal Company Average Collection Period for the quarter ending March 31, 2021 was 125.57, a -1.83% change year over year.
  • Fastenal Company Average Collection Period for the quarter ending March 31, 2020 was 127.91, a 0.85% change year over year.
NASDAQ: FAST

Fastenal Company

CEO Mr. Daniel L. Florness
IPO Date March 26, 1990
Location United States
Headquarters 2001 Theurer Boulevard, Winona, MN, United States, 55987-1500
Employees 20,935
Sector Industrials
Industry Industrial distribution
Description

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers that are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; non-residential construction market; farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

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StockViz Staff

September 20, 2024

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