GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Berry Global Group Inc (NYSE:BERY) » Definitions » Days Sales Outstanding

Berry Global Group (Berry Global Group) Days Sales Outstanding : 49.02 (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Berry Global Group Days Sales Outstanding?

Berry Global Group's average Accounts Receivable for the three months ended in Dec. 2023 was $1,533 Mil. Berry Global Group's Revenue for the three months ended in Dec. 2023 was $2,853 Mil. Hence, Berry Global Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 49.02.

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

BERY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.01   Med: 42.8   Max: 50.71
Current: 47.94

During the past 13 years, Berry Global Group's highest Days Sales Outstanding was 50.71. The lowest was 32.01. And the median was 42.80.

BERY's Days Sales Outstanding is ranked better than
79.58% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.9 vs BERY: 47.94

Berry Global Group's Days Sales Outstanding declined from Dec. 2022 (50.60) to Dec. 2023 (49.02).


Berry Global Group Days Sales Outstanding Historical Data

The historical data trend for Berry Global Group'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.

Berry Global Group Days Sales Outstanding Chart

Berry Global Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.71 46.68 44.12 46.03 48.20

Berry Global Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.60 46.74 49.44 49.01 49.02

Competitive Comparison of Berry Global Group's Days Sales Outstanding

For the Packaging & Containers subindustry, Berry Global Group'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.


Berry Global Group's Days Sales Outstanding Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where Berry Global Group's Days Sales Outstanding falls into.



Berry Global Group 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.

Berry Global Group's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (1777 + 1568) / 2 ) / 12664*365
=1672.5 / 12664*365
=48.20

Berry Global Group'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
=( (1568 + 1497) / 2 ) / 2853*365 / 4
=1532.5 / 2853*365 / 4
=49.02

* 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.


Berry Global Group  (NYSE:BERY) Days Sales Outstanding Explanation

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


Berry Global Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Berry Global Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Berry Global Group (Berry Global Group) Business Description

Traded in Other Exchanges
Address
101 Oakley Street, Evansville, IN, USA, 47710
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
Executives
James Till officer: EVP - Controller C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Mark W Miles officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jason K. Greene officer: EVP - Chief Legal Officer C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Kevin J. Kwilinski director, officer: Chief Executive Officer 101 OAKLEY STREET, EVANSVILLE IN 47714
William J Norman officer: President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael Edward Hill officer: President C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Meredith Harper director 101 OAKLEY STREET, EVANSVILLE IN 47710
Peter T Thomas director 1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Chaney Sheffield director C/O CANYON PARTNERS, LLC, 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Tom Salmon officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Curt Begle officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Jill A Rahman director 101 OAKLEY STREET, EVANSVILLE IN 47710
Paula A Sneed director THREE LAKES DRIVE, NORTHFIELD IL 60093