Kraft Foods Group (LTS:0R3B) Days Sales Outstanding

: 28.60 (As of Dec. 2023)

View and export this data going back to . Start your Free Trial

Kraft Foods Group's average Accounts Receivable for the three months ended in Dec. 2023 was CHF1,859 Mil. Kraft Foods Group's Revenue for the three months ended in Dec. 2023 was CHF5,933 Mil. Hence, Kraft Foods Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.60.

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

LTS:0R3B' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.2 Med: 26.66 Max: 29.97
Current: 29.75

During the past 13 years, Kraft Foods Group's highest Days Sales Outstanding was 29.97. The lowest was 15.20. And the median was 26.66.

LTS:0R3B's Days Sales Outstanding is ranked better than
64.58% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 39.02 vs LTS:0R3B: 29.75

Kraft Foods Group's Days Sales Outstanding increased from Dec. 2022 (26.38) to Dec. 2023 (28.60).

Kraft Foods Group Days Sales Outstanding Historical Data

The historical data trend for Kraft Foods 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.

* Premium members only.

Kraft Foods Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

30.12

29.59

27.66

27.94

30.11

Kraft Foods Group 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																26.38	31.08	31.14	30.15	28.60

Competitive Comparison

For the Packaged Foods subindustry, Kraft Foods 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.

Kraft Foods Group Days Sales Outstanding Distribution

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

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

Kraft Foods 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.

Kraft Foods Group'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
=	( (1974.992	+	1826.458)	/	2 )	/	23038.272	*	365
=	1900.725					/	23038.272	*	365
=	30.11

Kraft Foods 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1891.859	+	1826.458)	/	2 )	/	5932.528	*	365 / 4
=	1859.1585					/	5932.528	*	365 / 4
=	28.60

Kraft Foods Group (LTS:0R3B) Days Sales Outstanding Explanation

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

Kraft Foods Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kraft Foods Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Kraft Foods Group (LTS:0R3B) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kraft Foods Group Inc (LTS:0R3B) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KHC:USA KHC:Peru KHC:Mexico 1KHC:Italy KHNZd:UK 0JRV:UK KHNZ:Germany KHCB34:Brazil KHC:Austria

Address

One PPG Place, Pittsburgh, PA, USA, 15222

Website

https://www.kraftheinzcompany.com

In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

Kraft Foods Group (LTS:0R3B) Headlines

No Headlines