Ball's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1,034 Mil. Ball's Revenue for the
three
months ended in Dec. 2023 was $3,403 Mil.
Hence, Ball's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 27.73.
The historical rank and industry rank for Ball's Days Sales Outstanding or its related term are showing as below:
BALL'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.8 Med: 32.63 Max: 39.12
Current: 29.88
During the past 13 years, Ball's highest Days Sales Outstanding was 39.12. The lowest was 22.80. And the median was 32.63.
BALL's Days Sales Outstanding is ranked better than 94.15% of 376
companies
in the Packaging & Containers industry
Industry Median: 69.425
vs BALL: 29.88
Ball's Days Sales Outstanding
declined
from Dec. 2022 (38.45) to Dec. 2023 (27.73).
Ball Days Sales Outstanding Historical Data
The historical data trend for Ball'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.
Competitive Comparison of Ball's Days Sales Outstanding
For the Packaging & Containers subindustry, Ball'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.
Ball's Days Sales Outstanding Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Ball's Days Sales Outstanding falls into.
Ball 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.
* 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.
Ball (NYSE:BALL) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Ball Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Ball's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Ball is the world's largest metal can manufacturer with market share over 40% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball maintains a small presence in the U.S. defense industry through its aerospace segment. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports four segments—beverage packaging, North and Central America (44% of revenue), beverage packaging, EMEA (25%), beverage packaging, South America (14%), aerospace (14%)—and it generated $15.3 billion in revenue in 2022.
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