Krones AG (LTS:0LQ4) Days Sales Outstanding : 57.82 (As of Dec. 2023)

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What is Krones AG Days Sales Outstanding?

Krones AG's average Accounts Receivable for the three months ended in Dec. 2023 was €783 Mil. Krones AG's Revenue for the three months ended in Dec. 2023 was €1,235 Mil. Hence, Krones AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.82.

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

LTS:0LQ4' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.81 Med: 86.33 Max: 111.84
Current: 62.37

During the past 13 years, Krones AG's highest Days Sales Outstanding was 111.84. The lowest was 61.81. And the median was 86.33.

LTS:0LQ4's Days Sales Outstanding is ranked better than
67.51% of 2958 companies
in the Industrial Products industry
Industry Median: 79.1 vs LTS:0LQ4: 62.37

Krones AG's Days Sales Outstanding declined from Dec. 2022 (58.79) to Dec. 2023 (57.82).

Krones AG Days Sales Outstanding Historical Data

The historical data trend for Krones AG'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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Krones AG Days Sales Outstanding Chart

Krones AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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87.05

89.91

72.68

67.79

61.81

Krones AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															58.79	62.92	67.00	62.73	57.82

Competitive Comparison of Krones AG's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Krones AG'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.

Krones AG's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krones AG's Days Sales Outstanding distribution charts can be found below:

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

Krones AG 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.

Krones AG'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
=	( (820.243	+	778.708)	/	2 )	/	4720.676	*	365
=	799.4755					/	4720.676	*	365
=	61.81

Krones AG'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (786.6	+	778.708)	/	2 )	/	1235.076	*	365 / 4
=	782.654					/	1235.076	*	365 / 4
=	57.82

Krones AG (LTS:0LQ4) Days Sales Outstanding Explanation

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

Krones AG Days Sales Outstanding Related Terms

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Krones AG (LTS:0LQ4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Krones AG (LTS:0LQ4) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

KRNTY:USA KRNd:UK KRN:Germany

Address

Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073

Website

https://www.krones.com

Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (LTS:0LQ4) Headlines

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