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Conagra Brands (Conagra Brands) Days Sales Outstanding

: 28.44 (As of Feb. 2024)
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Conagra Brands's average Accounts Receivable for the three months ended in Feb. 2024 was $945 Mil. Conagra Brands's Revenue for the three months ended in Feb. 2024 was $3,033 Mil. Hence, Conagra Brands's Days Sales Outstanding for the three months ended in Feb. 2024 was 28.44.

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

CAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.04   Med: 27.48   Max: 36.31
Current: 28.84

During the past 13 years, Conagra Brands's highest Days Sales Outstanding was 36.31. The lowest was 26.04. And the median was 27.48.

CAG's Days Sales Outstanding is ranked better than
65.69% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.08 vs CAG: 28.84

Conagra Brands's Days Sales Outstanding increased from Feb. 2023 (27.65) to Feb. 2024 (28.44).


Conagra Brands Days Sales Outstanding Historical Data

The historical data trend for Conagra Brands'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.

Conagra Brands Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.55 27.72 27.00 26.28 27.24

Conagra Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 27.65 29.55 30.43 27.67 28.44

Competitive Comparison

For the Packaged Foods subindustry, Conagra Brands'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.


Conagra Brands Days Sales Outstanding Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Conagra Brands's Days Sales Outstanding distribution charts can be found below:

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



Conagra Brands 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.

Conagra Brands's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

Days Sales Outstanding (A: May. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: May. 2022 ) + Accounts Receivable (A: May. 2023 )) / count ) / Revenue (A: May. 2023 )*Days in Period
=( (867.4 + 965.4) / 2 ) / 12277*365
=916.4 / 12277*365
=27.24

Conagra Brands's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (974.1 + 916.5) / 2 ) / 3032.9*365 / 4
=945.3 / 3032.9*365 / 4
=28.44

* 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.


Conagra Brands  (NYSE:CAG) Days Sales Outstanding Explanation

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


Conagra Brands Days Sales Outstanding Related Terms

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Conagra Brands (Conagra Brands) Business Description

Traded in Other Exchanges
Address
222 W. Merchandise Mart Plaza, Suite 1300, Chicago, IL, USA, 60654
Conagra Brands is a packaged food company that operates predominantly in the United States (over 90% of revenue and profits). Most of its revenue comes from frozen food, including brands like Marie Callender's, Healthy Choice, Banquet, and Birds Eye. Conagra also sells snacks, shelf-stable staples, and refrigerated food through brands like Duncan Hines, Hunt's, Slim Jim, Vlasic, Orville Redenbacher's, Reddi-wip, Wish-Bone, and Chef Boyardee. The company primarily sells through the U.S. retail channel, with just 8% of fiscal 2023 revenue coming from international markets and 9% from foodservice.
Executives
Richard H Lenny director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Francisco Fraga director 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Thomas M Mcgough officer: EVP and Co-COO C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS 1-330, OMAHA NE 68102
William Eric Johnson officer: SVP, Corporate Controller 222 MERCHANDISE MART PLAZA, SUITE 1300, CHICAGO IL 60654
Charisse Brock officer: EVP, Chief HR Officer C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
Robert G Wise officer: SVP, Corporate Controller C/O CONAGRA FOODS, INC., ONE CONAGRA DRIVE, OMAHA NE 68102
Carey Bartell officer: EVP, GC and Corp. Secretary C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Denise Paulonis director 8000 BENT BRANCH DRIVE, IRVING TX 75063
Emanuel Chirico director 7 NEW YORK PLACE, BRONSVILLE NY 10708
Batcheler Colleen officer: SVP and General Counsel ONE CONAGRA DRIVE, OMAHA NE 68102
Darren Serrao officer: EVP and Co-COO C/CONAGRA FOODS, INC., ONE CONAGRA DRIVE, MS1-330, OMAHA NE 68102
George Dowdie director C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE 1300, CHICAGO IL 60654
Fran Horowitz-bonadies director 6301 FITCH PATH, NEW ALBANY OH 43054
Alexandre Eboli officer: EVP,Chief Supply Chain Officer C/O CONAGRA BRANDS, INC., 222 W. MERCHANDISE MART PLAZA, STE. 1300, CHICAGO IL 60654
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153

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