Ardagh Group (Ardagh Group) Days Sales Outstanding : 55.02 (As of Jun. 2021)

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What is Ardagh Group Days Sales Outstanding?

Ardagh Group's average Accounts Receivable for the three months ended in Jun. 2021 was $1,130 Mil. Ardagh Group's Revenue for the three months ended in Jun. 2021 was $1,874 Mil. Hence, Ardagh Group's Days Sales Outstanding for the three months ended in Jun. 2021 was 55.02.

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

ARD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.13 Med: 49.51 Max: 64.03
Current: 47.68

During the past 8 years, Ardagh Group's highest Days Sales Outstanding was 64.03. The lowest was 31.13. And the median was 49.51.

ARD's Days Sales Outstanding is not ranked
in the Packaging & Containers industry.
Industry Median: 68.92 vs ARD: 47.68

Ardagh Group's Days Sales Outstanding increased from Jun. 2020 (50.45) to Jun. 2021 (55.02).

Ardagh Group Days Sales Outstanding Historical Data

The historical data trend for Ardagh 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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Ardagh Group Days Sales Outstanding Chart

Ardagh Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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50.37

64.03

50.24

36.69

31.13

Ardagh Group Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Days Sales Outstanding	Get a 7-Day Free Trial															50.45	45.09	41.31	42.36	55.02

Competitive Comparison of Ardagh Group's Days Sales Outstanding

For the Packaging & Containers subindustry, Ardagh 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.

Ardagh Group's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ardagh Group's Days Sales Outstanding distribution charts can be found below:

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

Ardagh 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.

Ardagh Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (516	+	632)	/	2 )	/	6731	*	365
=	574					/	6731	*	365
=	31.13

Ardagh Group's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

	Days Sales Outstanding (Q: Jun. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Jun. 2021 ))	/	count )	/	Revenue (A: Jun. 2021 )	*	Days in Period
=	( (1015	+	1245)	/	2 )	/	1874	*	365 / 4
=	1130					/	1874	*	365 / 4
=	55.02

Ardagh Group (NYSE:ARD) Days Sales Outstanding Explanation

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

Ardagh Group Days Sales Outstanding Related Terms

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Ardagh Group (Ardagh Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ardagh Group SA (NYSE:ARD) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

56, rue Charles Martel, Luxembourg, LUX, L-2134

Website

https://www.ardaghgroup.com

Ardagh Group SA operates in the consumer metal packaging industry. The company's products include conical, rectangular and oval-shaped steel and aluminum cans for multi and single-serve use; glass bottles and jars. It has four reportable segments such as Metal Packaging Europe, Metal Packaging Americas, Glass Packaging Europe and Glass Packaging North America.