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Hormel Foods Corp  (NYSE:HRL) Days Sales Outstanding: 22.70 (As of Jul. 2017)

Hormel Foods Corp's Accounts Receivable for the three months ended in Jul. 2017 was $549 Mil. Hormel Foods Corp's Revenue for the three months ended in Jul. 2017 was $2,207 Mil. Hence, Hormel Foods Corp's days sales outstanding for the three months ended in Jul. 2017 was 22.70.

NYSE:HRL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.8   Max: 23.88
Current: 21.54

20.8
23.88

During the past 13 years, Hormel Foods Corp's highest Days Sales Outstanding was 23.88. The lowest was 20.80. And the median was 22.35.

NYSE:HRL's Days Sales Outstanding is ranked higher than
72% of the 1192 Companies
in the Global industry.

( Industry Median: 37.42 vs. NYSE:HRL: 21.54 )

Hormel Foods Corp's days sales outstanding increased from Jul. 2016 (22.39) to Jul. 2017 (22.70).


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Hormel Foods Corp Annual Data

Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.49 23.00 23.88 23.86 22.66

Hormel Foods Corp Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 22.39 20.53 21.24 21.92 22.70

Competitive Comparison
* 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.


Calculation

Days sales outstanding measures of 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.

Hormel Foods Corp's Days Sales Outstanding for the fiscal year that ended in Oct. 2016 is calculated as

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=591.31/9523.224*365
=22.66

Hormel Foods Corp's Days Sales Outstanding for the quarter that ended in Jul. 2017 is calculated as:

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=549.011/2207.375*365 / 4
=22.70

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms


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