Smurfit Kappa Group (DUB:SK3) Days Sales Outstanding : 68.87 (As of Dec. 2023)

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What is Smurfit Kappa Group Days Sales Outstanding?

Smurfit Kappa Group's average Accounts Receivable for the six months ended in Dec. 2023 was €2,051 Mil. Smurfit Kappa Group's Revenue for the six months ended in Dec. 2023 was €5,435 Mil. Hence, Smurfit Kappa Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 68.87.

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

DUB:SK3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.61 Med: 57.04 Max: 64.87
Current: 64.87

During the past 13 years, Smurfit Kappa Group's highest Days Sales Outstanding was 64.87. The lowest was 52.61. And the median was 57.04.

DUB:SK3's Days Sales Outstanding is ranked better than
56.88% of 378 companies
in the Packaging & Containers industry
Industry Median: 69.15 vs DUB:SK3: 64.87

Smurfit Kappa Group's Days Sales Outstanding increased from Dec. 2022 (66.83) to Dec. 2023 (68.87).

Smurfit Kappa Group Days Sales Outstanding Historical Data

The historical data trend for Smurfit Kappa 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.

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Smurfit Kappa Group Days Sales Outstanding Chart

Smurfit Kappa Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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57.26

58.47

56.34

52.61

57.36

Smurfit Kappa Group 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															61.98	65.55	66.83	68.39	68.87

Competitive Comparison of Smurfit Kappa Group's Days Sales Outstanding

For the Packaging & Containers subindustry, Smurfit Kappa 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.

Smurfit Kappa Group's Days Sales Outstanding Distribution in the Packaging & Containers Industry

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

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

Smurfit Kappa 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.

Smurfit Kappa Group'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
=	( (1908	+	1635)	/	2 )	/	11272	*	365
=	1771.5					/	11272	*	365
=	57.36

Smurfit Kappa 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2467	+	1635)	/	2 )	/	5435	*	365 / 2
=	2051					/	5435	*	365 / 2
=	68.87

Smurfit Kappa Group (DUB:SK3) Days Sales Outstanding Explanation

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

Smurfit Kappa Group Days Sales Outstanding Related Terms

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Smurfit Kappa Group (DUB:SK3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Smurfit Kappa Group PLC (DUB:SK3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SMFTF:USA SMFKY:USA SKGl:UK SKG:UK SK3:Germany

Address

Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2

Website

https://www.smurfitkappa.com

Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (DUB:SK3) Headlines

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