Almarai Co (SAU:2280) Days Sales Outstanding : 44.20 (As of Mar. 2024)

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What is Almarai Co Days Sales Outstanding?

Almarai Co's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼2,644 Mil. Almarai Co's Revenue for the three months ended in Mar. 2024 was ﷼5,459 Mil. Hence, Almarai Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 44.20.

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

SAU:2280' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.78 Med: 28.72 Max: 52.54
Current: 52.54

During the past 13 years, Almarai Co's highest Days Sales Outstanding was 52.54. The lowest was 19.78. And the median was 28.72.

SAU:2280's Days Sales Outstanding is ranked worse than
68.28% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs SAU:2280: 52.54

Almarai Co's Days Sales Outstanding increased from Mar. 2023 (41.97) to Mar. 2024 (44.20).

Almarai Co Days Sales Outstanding Historical Data

The historical data trend for Almarai Co'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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Almarai Co Days Sales Outstanding Chart

Almarai Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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28.64

28.58

30.86

28.80

32.08

Almarai Co 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															41.97	57.65	56.82	45.61	44.20

Competitive Comparison of Almarai Co's Days Sales Outstanding

For the Packaged Foods subindustry, Almarai Co'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.

Almarai Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Almarai Co's Days Sales Outstanding distribution charts can be found below:

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

Almarai Co 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.

Almarai Co'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
=	( (1550.87	+	1890.423)	/	2 )	/	19575.585	*	365
=	1720.6465					/	19575.585	*	365
=	32.08

Almarai Co'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
=	( (1890.423	+	3397.449)	/	2 )	/	5458.641	*	365 / 4
=	2643.936					/	5458.641	*	365 / 4
=	44.20

Almarai Co (SAU:2280) Days Sales Outstanding Explanation

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

Almarai Co Days Sales Outstanding Related Terms

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Almarai Co (SAU:2280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Almarai Co (SAU:2280) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exit 7, North Ring Road, P.O. Box 8524, Al Izdihar District, Riyadh, SAU, 11492

Website

https://www.almarai.com

Almarai Co is a manufacturer and distributor of quality and nutritious food and beverages. The company's product portfolio consists of dairy products along with juices, bakery, poultry, and infant formula under the brands Almarai, Joosy Life, Beyti, Teeba, L'usine, 7days, Alyoum, and AlBashayer. Its segments include Dairy and Juice, Bakery, Poultry, and Other activities. The majority of the revenue is derived from the sale of the dairy and Juice segment. Majority of its revenue is generated from Saudi Arabia.

Almarai Co (SAU:2280) Headlines

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