GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Corticeira Amorim SGPS SA (XLIS:COR) » Definitions » Days Sales Outstanding

Corticeira Amorim SGPS (XLIS:COR) Days Sales Outstanding : 86.84 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Corticeira Amorim SGPS Days Sales Outstanding?

Corticeira Amorim SGPS's average Accounts Receivable for the three months ended in Dec. 2023 was €211.5 Mil. Corticeira Amorim SGPS's Revenue for the three months ended in Dec. 2023 was €222.2 Mil. Hence, Corticeira Amorim SGPS's Days Sales Outstanding for the three months ended in Dec. 2023 was 86.84.

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

XLIS:COR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.76   Med: 78.72   Max: 84.85
Current: 84.85

During the past 13 years, Corticeira Amorim SGPS's highest Days Sales Outstanding was 84.85. The lowest was 69.76. And the median was 78.72.

XLIS:COR's Days Sales Outstanding is ranked worse than
78.67% of 286 companies
in the Forest Products industry
Industry Median: 54.49 vs XLIS:COR: 84.85

Corticeira Amorim SGPS's Days Sales Outstanding increased from Dec. 2022 (86.67) to Dec. 2023 (86.84).


Corticeira Amorim SGPS Days Sales Outstanding Historical Data

The historical data trend for Corticeira Amorim SGPS'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.

Corticeira Amorim SGPS Days Sales Outstanding Chart

Corticeira Amorim SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.44 80.59 74.94 69.76 76.09

Corticeira Amorim SGPS 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 86.67 80.05 84.05 99.09 86.84

Competitive Comparison of Corticeira Amorim SGPS's Days Sales Outstanding

For the Lumber & Wood Production subindustry, Corticeira Amorim SGPS'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.


Corticeira Amorim SGPS's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Corticeira Amorim SGPS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Corticeira Amorim SGPS's Days Sales Outstanding falls into.



Corticeira Amorim SGPS 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.

Corticeira Amorim SGPS'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
=( (207.792 + 203.08) / 2 ) / 985.467*365
=205.436 / 985.467*365
=76.09

Corticeira Amorim SGPS'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
=( (219.915 + 203.08) / 2 ) / 222.248*365 / 4
=211.4975 / 222.248*365 / 4
=86.84

* 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.


Corticeira Amorim SGPS  (XLIS:COR) Days Sales Outstanding Explanation

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


Corticeira Amorim SGPS Days Sales Outstanding Related Terms

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


Corticeira Amorim SGPS (XLIS:COR) Business Description

Traded in Other Exchanges
Address
No. 380, Rua Comendador Américo Ferreira de Amorim, Mozelos, PRT, 4536-902
Corticeira Amorim SGPS SA (Corticeira Amorim) is a holding company engaged in cork-related products. Group organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Floor and wall Coverings, Cork Composites, and Insulation Cork. The company's products include stoppers for wine and other spirits, granulated cork, rubber cork, cork floorings and giftware. The business of the company is operated through Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands. The company derives majority of the revenue from European region.

Corticeira Amorim SGPS (XLIS:COR) Headlines