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Veritiv (Veritiv) Days Sales Outstanding : 47.07 (As of Sep. 2023)


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What is Veritiv Days Sales Outstanding?

Veritiv's average Accounts Receivable for the three months ended in Sep. 2023 was $754 Mil. Veritiv's Revenue for the three months ended in Sep. 2023 was $1,461 Mil. Hence, Veritiv's Days Sales Outstanding for the three months ended in Sep. 2023 was 47.07.

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

VRTV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.95   Med: 48.52   Max: 50.63
Current: 49.72

During the past 12 years, Veritiv's highest Days Sales Outstanding was 50.63. The lowest was 36.95. And the median was 48.52.

VRTV's Days Sales Outstanding is not ranked
in the Conglomerates industry.
Industry Median: 61.07 vs VRTV: 49.72

Veritiv's Days Sales Outstanding declined from Sep. 2022 (48.83) to Sep. 2023 (47.07).


Veritiv Days Sales Outstanding Historical Data

The historical data trend for Veritiv'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.

Veritiv Days Sales Outstanding Chart

Veritiv Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.44 49.85 50.63 49.57 48.54

Veritiv Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 48.83 50.80 50.74 48.22 47.07

Competitive Comparison of Veritiv's Days Sales Outstanding

For the Conglomerates subindustry, Veritiv'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.


Veritiv's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Veritiv's Days Sales Outstanding distribution charts can be found below:

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



Veritiv 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.

Veritiv's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (1011.2 + 889.6) / 2 ) / 7146.3*365
=950.4 / 7146.3*365
=48.54

Veritiv's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (750.5 + 756.9) / 2 ) / 1461*365 / 4
=753.7 / 1461*365 / 4
=47.07

* 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.


Veritiv  (NYSE:VRTV) Days Sales Outstanding Explanation

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


Veritiv Days Sales Outstanding Related Terms

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


Veritiv (Veritiv) Business Description

Traded in Other Exchanges
N/A
Address
1000 Abernathy Road NE, Building 400, Suite 1700, Atlanta, GA, USA, 30328
Veritiv Corp provides printing, publishing, packaging, and facility solutions. The company also provides logistics and supply chain management services. It operates in four primary segments based on the product type. The Print segment, which generates the majority of the revenue, distributes commercial printing and specialty paper products. The Publishing segment sells coated and uncoated commercial printing papers to publishers and retailers for use in magazines, books, and direct mail. The Packaging segment sells a variety of paper-based packaging products within the fiber-based, flexible and rigid categories. The Facility Solutions segment sells cleaning, breakroom, bathroom, safety, and hazard supplies. The majority of revenue comes from the United States.
Executives
Baupost Group Llc/ma 10 percent owner 10 ST JAMES AVE, SUITE 1700, BOSTON MA 02116
Seth A Klarman 10 percent owner 10 ST JAMES AVENUE, STE 1700, BOSTON MA 02116
Baupost Group Gp, L.l.c. 10 percent owner 10 ST. JAMES AVENUE, SUITE 1700, BOSTON MA 02116
Eric Guerin officer: SVP Finance 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Autumn R Bayles director QNB CORP, P.O. BOX 9005, QUAKERTOWN PA 18951
Stephen E. Macadam director C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Lance D Gebert officer: Corporate Controller and PFO 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30328
Stephen Joseph Smith officer: SVP & CFO C/O AMERICAN GREETINGS CORP, ONE AMERICAN RD, CLEVELAND OH 44144
Gregory B Morrison director 8214 WESTCHESTER DRIVE, SUITE 400, DALLAS TX 75225
Susan B. Salyer officer: SVP Chief Compliance, and Sustainability Officer 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30328
Bain Capital Investors Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Karen Renner officer: SVP Chief Information Officer 3871 LAKEFIELD DR, SUWANEE GA 30024
Daniel B Calderwood officer: SVP Marketing & Bus. Mgmt 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30028
Stephanie E Mayerle officer: SVP Sales 1000 ABERNATHY ROAD, SUITE 1700, BUILDING 400, ATLANTA GA 30028
Mary A Laschinger director, officer: CEO and Chairman 400 ATLANTIC STREET, STAMFORD CT 06921