Silgan Holdings (FRA:SL3) Days Sales Outstanding : 53.47 (As of Mar. 2024)

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What is Silgan Holdings Days Sales Outstanding?

Silgan Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €710 Mil. Silgan Holdings's Revenue for the three months ended in Mar. 2024 was €1,212 Mil. Hence, Silgan Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.47.

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

FRA:SL3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.69 Med: 38.65 Max: 60.08
Current: 60.08

During the past 13 years, Silgan Holdings's highest Days Sales Outstanding was 60.08. The lowest was 28.69. And the median was 38.65.

FRA:SL3's Days Sales Outstanding is ranked better than
63.59% of 379 companies
in the Packaging & Containers industry
Industry Median: 68.74 vs FRA:SL3: 60.08

Silgan Holdings's Days Sales Outstanding increased from Mar. 2023 (51.50) to Mar. 2024 (53.47).

Silgan Holdings Days Sales Outstanding Historical Data

The historical data trend for Silgan Holdings'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.

Silgan Holdings Days Sales Outstanding Chart

Silgan Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.82

43.47

41.37

37.71

38.91

Silgan Holdings 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															51.50	64.43	59.40	65.49	53.47

Competitive Comparison of Silgan Holdings's Days Sales Outstanding

For the Packaging & Containers subindustry, Silgan Holdings'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.

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

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

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

Silgan Holdings 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.

Silgan Holdings'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
=	( (621.122	+	549.764)	/	2 )	/	5491.184	*	365
=	585.443					/	5491.184	*	365
=	38.91

Silgan Holdings'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
=	( (549.764	+	870.367)	/	2 )	/	1211.675	*	365 / 4
=	710.0655					/	1211.675	*	365 / 4
=	53.47

Silgan Holdings (FRA:SL3) Days Sales Outstanding Explanation

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

Silgan Holdings Days Sales Outstanding Related Terms

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Silgan Holdings (FRA:SL3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Silgan Holdings Inc (FRA:SL3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SLGN:USA

Address

4 Landmark Square, Suite 400, Stamford, CT, USA, 06901

Website

https://www.silganholdings.com

Silgan Holdings manufactures about half of the metal food containers in North America. Its major customers include Campbell Soup, Nestle, and Del Monte. Silgan's other business segments include plastic dispensers and containers for personal and healthcare products and a closures business that manufactures metal and plastic lids and caps.

Silgan Holdings (FRA:SL3) Headlines

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