Greggs (LSE:GRG) Days Sales Outstanding : 9.23 (As of Dec. 2023)

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What is Greggs Days Sales Outstanding?

Greggs's average Accounts Receivable for the six months ended in Dec. 2023 was £49 Mil. Greggs's Revenue for the six months ended in Dec. 2023 was £966 Mil. Hence, Greggs's Days Sales Outstanding for the six months ended in Dec. 2023 was 9.23.

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

LSE:GRG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.86 Med: 4.84 Max: 8.67
Current: 8.67

During the past 13 years, Greggs's highest Days Sales Outstanding was 8.67. The lowest was 2.86. And the median was 4.84.

LSE:GRG's Days Sales Outstanding is ranked better than
59.41% of 340 companies
in the Restaurants industry
Industry Median: 11.605 vs LSE:GRG: 8.67

Greggs's Days Sales Outstanding increased from Dec. 2022 (7.64) to Dec. 2023 (9.23).

Greggs Days Sales Outstanding Historical Data

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

Greggs Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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4.86

8.50

6.90

6.72

6.50

Greggs Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															8.12	8.12	7.64	10.34	9.23

Competitive Comparison of Greggs's Days Sales Outstanding

For the Restaurants subindustry, Greggs'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.

Greggs's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Greggs's Days Sales Outstanding distribution charts can be found below:

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

Greggs 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.

Greggs'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
=	( (31.2	+	33.3)	/	2 )	/	1809.6	*	365
=	32.25					/	1809.6	*	365
=	6.50

Greggs's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (64.4	+	33.3)	/	2 )	/	965.6	*	365 / 2
=	48.85					/	965.6	*	365 / 2
=	9.23

Greggs (LSE:GRG) Days Sales Outstanding Explanation

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

Greggs Days Sales Outstanding Related Terms

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Greggs (LSE:GRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Greggs PLC (LSE:GRG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GGGSY:USA GRGl:UK 41G1:Germany

Address

Greggs House, Quorum Business Park, Newcastle upon Tyne, GBR, NE12 8BU

Website

https://www.greggs.co.uk

Greggs PLC is a U.K.-based company that is principally engaged in manufacturing, distributing, and retailing bakery goods, sandwiches, and drinks under the Greggs brand. The company focuses on the food-on-the-go market. It has a vertically integrated supply network, with its bakeries & delivery network. Greggs operates in two segments: Company-managed retail activities and B2B channels. Its shops are located in retail & industrial parks, motorway service stations, and travel hubs, to meet the demands of busy customers. The company generates all its revenue from the United Kingdom.

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