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AptarGroup (FRA:AGT) Days Sales Outstanding : 69.76 (As of Mar. 2024)


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What is AptarGroup Days Sales Outstanding?

AptarGroup's average Accounts Receivable for the three months ended in Mar. 2024 was €644 Mil. AptarGroup's Revenue for the three months ended in Mar. 2024 was €842 Mil. Hence, AptarGroup's Days Sales Outstanding for the three months ended in Mar. 2024 was 69.76.

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

FRA:AGT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.38   Med: 70.05   Max: 74.07
Current: 72.97

During the past 13 years, AptarGroup's highest Days Sales Outstanding was 74.07. The lowest was 59.38. And the median was 70.05.

FRA:AGT's Days Sales Outstanding is ranked worse than
60.35% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 63.94 vs FRA:AGT: 72.97

AptarGroup's Days Sales Outstanding declined from Mar. 2023 (73.17) to Mar. 2024 (69.76).


AptarGroup Days Sales Outstanding Historical Data

The historical data trend for AptarGroup'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.

AptarGroup Days Sales Outstanding Chart

AptarGroup Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.14 73.39 67.73 71.76 71.94

AptarGroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 73.17 72.42 72.82 76.78 69.76

Competitive Comparison of AptarGroup's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, AptarGroup'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.


AptarGroup's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AptarGroup's Days Sales Outstanding distribution charts can be found below:

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



AptarGroup 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.

AptarGroup's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (639.076 + 621.563) / 2 ) / 3197.992*365
=630.3195 / 3197.992*365
=71.94

AptarGroup's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (621.563 + 666.094) / 2 ) / 842.212*365 / 4
=643.8285 / 842.212*365 / 4
=69.76

* 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.


AptarGroup  (FRA:AGT) Days Sales Outstanding Explanation

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


AptarGroup Days Sales Outstanding Related Terms

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AptarGroup (FRA:AGT) Business Description

Traded in Other Exchanges
Address
265 Exchange Drive, Suite 301, Crystal Lake, IL, USA, 60014
Headquartered in Crystal Lake, Illinois, AptarGroup is a leading global supplier of dispensing systems such as aerosol valves, pumps, and closures to the consumer goods and pharmaceutical markets. With the bulk of its annual net sales coming from Europe (50% of sales) and the United States (33%), Aptar aims to increase its presence in Asia (10%) and Latin America (7%). Aptar's pharmaceutical division generates roughly one third of group sales but over two thirds of group profits.

AptarGroup (FRA:AGT) Headlines