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Snyder′s-Lance (Snyder′s-Lance) Days Sales Outstanding : 36.41 (As of Dec. 2017)


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What is Snyder′s-Lance Days Sales Outstanding?

Snyder′s-Lance's average Accounts Receivable for the three months ended in Dec. 2017 was $220 Mil. Snyder′s-Lance's Revenue for the three months ended in Dec. 2017 was $552 Mil. Hence, Snyder′s-Lance's Days Sales Outstanding for the three months ended in Dec. 2017 was 36.41.

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

LNCE's Days Sales Outstanding is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 39.085
* Ranked among companies with meaningful Days Sales Outstanding only.

Snyder′s-Lance's Days Sales Outstanding increased from Dec. 2016 (34.97) to Dec. 2017 (36.41).


Snyder′s-Lance Days Sales Outstanding Historical Data

The historical data trend for Snyder′s-Lance'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.

Snyder′s-Lance Days Sales Outstanding Chart

Snyder′s-Lance Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.96 27.89 28.36 29.60 35.24

Snyder′s-Lance Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 34.97 34.59 32.80 36.01 36.41

Competitive Comparison of Snyder′s-Lance's Days Sales Outstanding

For the Packaged Foods subindustry, Snyder′s-Lance'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.


Snyder′s-Lance's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Snyder′s-Lance's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Snyder′s-Lance's Days Sales Outstanding falls into.



Snyder′s-Lance 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.

Snyder′s-Lance's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

Days Sales Outstanding (A: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (210.723 + 219.267) / 2 ) / 2226.837*365
=214.995 / 2226.837*365
=35.24

Snyder′s-Lance's Days Sales Outstanding for the quarter that ended in Dec. 2017 is calculated as:

Days Sales Outstanding (Q: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2017 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (220.856 + 219.267) / 2 ) / 551.557*365 / 4
=220.0615 / 551.557*365 / 4
=36.41

* 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.


Snyder′s-Lance  (NAS:LNCE) Days Sales Outstanding Explanation

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


Snyder′s-Lance Days Sales Outstanding Related Terms

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


Snyder′s-Lance (Snyder′s-Lance) Business Description

Traded in Other Exchanges
N/A
Address
Snyder's-Lance makes, sells, and distributes a variety of packaged snack foods. About 78% of 2016 net revenue came from branded products, with the remainder from distribution of third-party brands and contract manufacturing. More than 90% of sales come from the United States. The company's largest brands include Snyder's of Hanover, Lance, Cape Cod, Pretzel Crisps, and Late July, and the firm added Kettle, Pop Secret, and Emerald after its 2016 acquisition of Diamond Foods and subsequent sale of Diamond culinary nuts.
Executives
Lawrence V Jackson director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005
Brian J Driscoll director, officer: President & CEO THREE LAKES DR, NORTHFIELD IL 60093
Isaiah Tidwell director 1059 HUNTERS BROOK COURT, ATLANTA GA 30319
Alexander W Pease officer: EVP & CFO 5605 CARNEGIE BOULEVARD, SUTIE 500, CHARLOTTE NC 28209
Gail Sharps Myers officer: SVP, General Counsel & Sec 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning officer: Chief Human Resources Officer C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Rick D Puckett officer: EVP, CFO and Chief Admin. Ofc. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Kevin A Henry officer: Chief Human Resources Officer 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
David V Singer director, officer: CEO 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
William R Holland director C/O GOODRICH COPRORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28269
J P Bolduc director PO BOX 7003, ROCKFORD IL 61125-7003
Barbara R Allen director
David L Burner director C/O GOODRICH CORP 2730 WEST TYVOLA RD CHARLOTTE NC 28217
B Clyde Preslar officer: Vice Pres., CFO and Sec. 305 GREGSON DRIVE, CARY NC 27518

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