Grendene (BSP:GRND3) Days Sales Outstanding : 191.22 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Grendene Days Sales Outstanding?

Grendene's average Accounts Receivable for the three months ended in Mar. 2024 was R$1,047 Mil. Grendene's Revenue for the three months ended in Mar. 2024 was R$499 Mil. Hence, Grendene's Days Sales Outstanding for the three months ended in Mar. 2024 was 191.22.

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

BSP:GRND3' s Days Sales Outstanding Range Over the Past 10 Years
Min: 130.58 Med: 155.47 Max: 199.25
Current: 156.87

During the past 13 years, Grendene's highest Days Sales Outstanding was 199.25. The lowest was 130.58. And the median was 155.47.

BSP:GRND3's Days Sales Outstanding is ranked worse than
91.46% of 1031 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.32 vs BSP:GRND3: 156.87

Grendene's Days Sales Outstanding declined from Mar. 2023 (194.28) to Mar. 2024 (191.22).

Grendene Days Sales Outstanding Historical Data

The historical data trend for Grendene'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.

Grendene Days Sales Outstanding Chart

Grendene Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

163.24

199.25

170.85

168.89

184.28

Grendene 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															194.28	166.52	114.87	170.30	191.22

Competitive Comparison of Grendene's Days Sales Outstanding

For the Footwear & Accessories subindustry, Grendene'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.

Grendene's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grendene's Days Sales Outstanding distribution charts can be found below:

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

Grendene 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.

Grendene'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
=	( (1131.904	+	1124.261)	/	2 )	/	2234.43	*	365
=	1128.0825					/	2234.43	*	365
=	184.28

Grendene'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
=	( (1124.261	+	969.055)	/	2 )	/	499.471	*	365 / 4
=	1046.658					/	499.471	*	365 / 4
=	191.22

Grendene (BSP:GRND3) Days Sales Outstanding Explanation

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

Grendene Days Sales Outstanding Related Terms

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

Grendene (BSP:GRND3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Grendene SA (BSP:GRND3) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125

Website

https://www.grendene.com.br

Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its own stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically the company operates in Brazil, North America, Asia and Oceania, Europe, Central, and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.

Grendene (BSP:GRND3) Headlines

No Headlines