Inghams Group (FRA:IH1) Days Sales Outstanding : 30.22 (As of Dec. 2023)

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What is Inghams Group Days Sales Outstanding?

Inghams Group's average Accounts Receivable for the six months ended in Dec. 2023 was €167 Mil. Inghams Group's Revenue for the six months ended in Dec. 2023 was €1,008 Mil. Hence, Inghams Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 30.22.

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

FRA:IH1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.6 Med: 28.24 Max: 31.2
Current: 31.2

During the past 7 years, Inghams Group's highest Days Sales Outstanding was 31.20. The lowest was 26.60. And the median was 28.24.

FRA:IH1's Days Sales Outstanding is ranked better than
61.75% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs FRA:IH1: 31.20

Inghams Group's Days Sales Outstanding increased from Dec. 2022 (29.96) to Dec. 2023 (30.22).

Inghams Group Days Sales Outstanding Historical Data

The historical data trend for Inghams Group'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.

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Inghams Group Days Sales Outstanding Chart

Inghams Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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27.19

27.03

27.71

28.21

29.18

Inghams Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										31.71	32.23	29.96	31.99	30.22

Competitive Comparison of Inghams Group's Days Sales Outstanding

For the Farm Products subindustry, Inghams Group'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.

Inghams Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

Inghams Group 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.

Inghams Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (142.332	+	159.202)	/	2 )	/	1885.646	*	365
=	150.767					/	1885.646	*	365
=	29.18

Inghams Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (159.202	+	174.561)	/	2 )	/	1007.963	*	365 / 2
=	166.8815					/	1007.963	*	365 / 2
=	30.22

Inghams Group (FRA:IH1) Days Sales Outstanding Explanation

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

Inghams Group Days Sales Outstanding Related Terms

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Inghams Group (FRA:IH1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inghams Group Ltd (FRA:IH1) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ING:Australia

Address

1 Julius Avenue, Level 4, North Ryde, Sydney, NSW, AUS, 2113

Website

https://www.inghams.com.au

Inghams is the largest vertically integrated poultry producer in Australia and New Zealand. The firm enjoys a number-one position in Australia with approximately 40% market share and a number-two position in New Zealand with around 35% share. Inghams supplies poultry products, notably to major Australian supermarkets Woolworths and Coles, and quick-service restaurants McDonalds and KFC. Sales are heavily skewed toward poultry, which includes the production and sale of chicken and turkey products.

Inghams Group (FRA:IH1) Headlines

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