Remy Cointreau (Remy Cointreau) Days Sales Outstanding

: 52.96 (As of Sep. 2023)

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Remy Cointreau's average Accounts Receivable for the six months ended in Sep. 2023 was $197 Mil. Remy Cointreau's Revenue for the six months ended in Sep. 2023 was $680 Mil. Hence, Remy Cointreau's Days Sales Outstanding for the six months ended in Sep. 2023 was 52.96.

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

REMYF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.09 Med: 52.82 Max: 64.15
Current: 56.42

During the past 13 years, Remy Cointreau's highest Days Sales Outstanding was 64.15. The lowest was 29.09. And the median was 52.82.

REMYF's Days Sales Outstanding is ranked worse than
61.43% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 43.92 vs REMYF: 56.42

Remy Cointreau's Days Sales Outstanding increased from Sep. 2022 (39.97) to Sep. 2023 (52.96).

Remy Cointreau Days Sales Outstanding Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

57.02

53.91

32.85

30.06

31.37

Remy Cointreau Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding																39.10	44.66	39.97	48.57	52.96

Competitive Comparison

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.

Remy Cointreau Days Sales Outstanding Distribution

For the Beverages - Alcoholic industry and Consumer Defensive sector, Remy Cointreau's Days Sales Outstanding distribution charts can be found below:

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

Remy Cointreau 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.

Remy Cointreau's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (136.344	+	148.608)	/	2 )	/	1657.923	*	365
=	142.476					/	1657.923	*	365
=	31.37

Remy Cointreau'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (148.608	+	245.784)	/	2 )	/	679.509	*	365 / 2
=	197.196					/	679.509	*	365 / 2
=	52.96

Remy Cointreau (OTCPK:REMYF) Days Sales Outstanding Explanation

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

Remy Cointreau Days Sales Outstanding Related Terms

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Remy Cointreau (Remy Cointreau) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Remy Cointreau (OTCPK:REMYF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

REMYY:USA 0MGU:UK RCOp:UK RCO:France RMC:Germany

Address

Rue Joseph Pataa, Cognac, FRA, 16100

Website

https://www.remy-cointreau.com

Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (Remy Cointreau) Headlines

From GuruFocus

Remy-Cointreau a Great Company but Expensive Stock

By Holmes Osborne, CFA Holmes Osborne, CFA • 04-18-2016