Silgan Holdings (Silgan Holdings) Days Sales Outstanding : 64.53 (As of Dec. 2023)

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What is Silgan Holdings Days Sales Outstanding?

Silgan Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $948 Mil. Silgan Holdings's Revenue for the three months ended in Dec. 2023 was $1,340 Mil. Hence, Silgan Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.53.

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

SLGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.69 Med: 38.65 Max: 55.55
Current: 55.55

During the past 13 years, Silgan Holdings's highest Days Sales Outstanding was 55.55. The lowest was 28.69. And the median was 38.65.

SLGN's Days Sales Outstanding is ranked better than
69.76% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.2 vs SLGN: 55.55

Silgan Holdings's Days Sales Outstanding increased from Dec. 2022 (55.86) to Dec. 2023 (64.53).

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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41.31

41.70

42.78

38.98

38.32

Silgan Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															55.86	51.28	64.07	59.80	64.53

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
=	( (657.968	+	599.524)	/	2 )	/	5988.205	*	365
=	628.746					/	5988.205	*	365
=	38.32

Silgan Holdings'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1295.882	+	599.524)	/	2 )	/	1340.096	*	365 / 4
=	947.703					/	1340.096	*	365 / 4
=	64.53

Silgan Holdings (NYSE:SLGN) 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 (Silgan Holdings) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SL3:Germany

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.

Executives

Anthony J Allott	officer: President and COO	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Thomas James Snyder	officer: President - Silgan Containers	C/O SILGAN CONTAINERS LLC, 21600 OXNARD STREET, SUITE 1600, WOODLAND HILLS CA 91367
Stacey J. Mcgrath	officer: Vice President, Tax	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Joseph M Jordan	director	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Robert B Lewis	officer: EVP and CFO	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Shawn C Fabry	officer: SVP, Corporate Development	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Kimberly Irene Ulmer	officer: Vice President & Controller	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
Niharika Ramdev	director	C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Daniel Patrick Murphy	officer: Vice President & Controller	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
B. Frederick Prinzen	officer: Vice President, Corp. Dev.	SILGAN HOLDINGS INC., 4 LANDMARK SQUARE, STAMFORD CT 06901
Jay A Martin	officer: Vice President	P O BOX 5311, NEW CASTLE PA 16105
D Greg Horrigan	director, 10 percent owner, officer: Co-Chairman and Co-CEO	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901
William T Donovan	director	C/O SILGAN HOLDINGS INC., 4 LANDMARK SQUARE SUITE 400, STAMFORD CT 06901
Kimberly A Fields	director	C/O ALLEGHENY TECHNOLOGIES INCORPORATED, 1000 SIX PPG PLACE, PITTSBURGH PA 15217
Anthony P Andreacchi	officer: Vice President, Tax	4 LANDMARK SQUARE, SUITE 400, STAMFORD CT 06901