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Hormel Foods Days Sales Outstanding

: 21.06 (As of Jul. 2019)
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Hormel Foods's Accounts Receivable for the three months ended in Jul. 2019 was $529 Mil. Hormel Foods's Revenue for the three months ended in Jul. 2019 was $2,291 Mil. Hence, Hormel Foods's days sales outstanding for the three months ended in Jul. 2019 was 21.06.

NYSE:HRL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.8   Max: 24.62
Current: 20.26

20.8
24.62

During the past 13 years, Hormel Foods's highest Days Sales Outstanding was 24.62. The lowest was 20.80. And the median was 22.81.

NYSE:HRL's Days Sales Outstanding is ranked higher than
81% of the 1566 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 43.35 vs. NYSE:HRL: 20.26 )

Hormel Foods's days sales outstanding declined from Jul. 2018 (21.63) to Jul. 2019 (21.06).


Hormel Foods Days Sales Outstanding 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 Annual Data
Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.88 23.86 22.66 24.62 22.96

Hormel Foods Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 21.63 21.70 21.84 20.92 21.06

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.


Hormel Foods Days Sales Outstanding Distribution

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



Hormel Foods Days Sales Outstanding 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's Days Sales Outstanding for the fiscal year that ended in Oct. 2018 is calculated as

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=600.438/9545.7*365
=22.96

Hormel Foods's Days Sales Outstanding for the quarter that ended in Jul. 2019 is calculated as:

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=528.583/2290.705*365 / 4
=21.06

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


Hormel Foods  (NYSE:HRL) Days Sales Outstanding Explanation

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


Hormel Foods Days Sales Outstanding Related Terms


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