Winpak (TSX:WPK) Days Sales Outstanding : 64.68 (As of Mar. 2024)

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What is Winpak Days Sales Outstanding?

Winpak's average Accounts Receivable for the three months ended in Mar. 2024 was C$266 Mil. Winpak's Revenue for the three months ended in Mar. 2024 was C$375 Mil. Hence, Winpak's Days Sales Outstanding for the three months ended in Mar. 2024 was 64.68.

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

TSX:WPK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.9 Med: 50.33 Max: 64.63
Current: 64.63

During the past 13 years, Winpak's highest Days Sales Outstanding was 64.63. The lowest was 42.90. And the median was 50.33.

TSX:WPK's Days Sales Outstanding is ranked better than
57.78% of 379 companies
in the Packaging & Containers industry
Industry Median: 69.89 vs TSX:WPK: 64.63

Winpak's Days Sales Outstanding increased from Mar. 2023 (57.92) to Mar. 2024 (64.68).

Winpak Days Sales Outstanding Historical Data

The historical data trend for Winpak'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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Winpak Days Sales Outstanding Chart

Winpak Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.05

54.69

52.70

53.05

61.06

Winpak 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															57.92	64.24	64.01	63.41	64.68

Competitive Comparison of Winpak's Days Sales Outstanding

For the Packaging & Containers subindustry, Winpak'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.

Winpak's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Winpak's Days Sales Outstanding distribution charts can be found below:

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

Winpak 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.

Winpak'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
=	( (254.67	+	257.701)	/	2 )	/	1531.312	*	365
=	256.1855					/	1531.312	*	365
=	61.06

Winpak'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
=	( (257.701	+	273.396)	/	2 )	/	374.653	*	365 / 4
=	265.5485					/	374.653	*	365 / 4
=	64.68

Winpak (TSX:WPK) Days Sales Outstanding Explanation

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

Winpak Days Sales Outstanding Related Terms

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Winpak (TSX:WPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Winpak Ltd (TSX:WPK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WIPKF:USA 25W:Germany

Address

100 Saulteaux Crescent, Winnipeg, MB, CAN, R3J 3T3

Website

https://www.winpak.com

Winpak Ltd manufactures and sells a variety of packaging materials and related packaging machines. The packaging materials are used primarily for perishable foods, beverages, and healthcare applications. It operates in three segments: flexible packaging, rigid packaging & flexible lidding, and packaging machinery. The flexible packaging segment includes modified atmosphere packaging, specialty films, and biaxially oriented nylon product groups. The rigid packaging and flexible lidding segment include rigid containers, lidding, and specialized printed packaging product groups. The company's geographical segments include the United States, Canada, and Mexico & others.

Executives

Dave Alexander

Senior Officer

Winpak (TSX:WPK) Headlines

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