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Pactiv Evergreen (FRA:PEG) Days Sales Outstanding : 32.78 (As of Mar. 2024)


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What is Pactiv Evergreen Days Sales Outstanding?

Pactiv Evergreen's average Accounts Receivable for the three months ended in Mar. 2024 was €414 Mil. Pactiv Evergreen's Revenue for the three months ended in Mar. 2024 was €1,152 Mil. Hence, Pactiv Evergreen's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.78.

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

FRA:PEG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.05   Med: 33.73   Max: 72.17
Current: 31.81

During the past 11 years, Pactiv Evergreen's highest Days Sales Outstanding was 72.17. The lowest was 27.05. And the median was 33.73.

FRA:PEG's Days Sales Outstanding is ranked better than
93.39% of 378 companies
in the Packaging & Containers industry
Industry Median: 69.425 vs FRA:PEG: 31.81

Pactiv Evergreen's Days Sales Outstanding increased from Mar. 2023 (29.87) to Mar. 2024 (32.78).


Pactiv Evergreen Days Sales Outstanding Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Days Sales Outstanding Chart

Pactiv Evergreen 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 51.36 33.56 27.60 26.18 29.39

Pactiv Evergreen 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 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 29.87 30.64 30.80 32.46 32.78

Competitive Comparison of Pactiv Evergreen's Days Sales Outstanding

For the Packaging & Containers subindustry, Pactiv Evergreen'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.


Pactiv Evergreen's Days Sales Outstanding Distribution in the Packaging & Containers Industry

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

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



Pactiv Evergreen 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.

Pactiv Evergreen'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
=( (422.912 + 390.642) / 2 ) / 5052.67*365
=406.777 / 5052.67*365
=29.39

Pactiv Evergreen'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
=( (390.642 + 437) / 2 ) / 1151.84*365 / 4
=413.821 / 1151.84*365 / 4
=32.78

* 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.


Pactiv Evergreen  (FRA:PEG) Days Sales Outstanding Explanation

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


Pactiv Evergreen Days Sales Outstanding Related Terms

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


Pactiv Evergreen (FRA:PEG) Business Description

Traded in Other Exchanges
Address
1900 West Field Court, Lake Forest, IL, USA, 60045
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.