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McCormick Days Sales Outstanding

: 30.91 (As of Nov. 2019)
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McCormick's Accounts Receivable for the three months ended in Nov. 2019 was USD 503 Mil. McCormick's Revenue for the three months ended in Nov. 2019 was USD 1,485 Mil. Hence, McCormick's days sales outstanding for the three months ended in Nov. 2019 was 30.91.

NYSE:MKC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.33   Max: 43.86
Current: 34.33

34.33
43.86

During the past 13 years, McCormick's highest Days Sales Outstanding was 43.86. The lowest was 34.33. And the median was 42.23.

NYSE:MKC's Days Sales Outstanding is ranked higher than
64% of the 1604 Companies
in the Consumer Packaged Goods industry.

( Industry Median: 43.20 vs. NYSE:MKC: 34.33 )

McCormick's days sales outstanding declined from Nov. 2018 (32.21) to Nov. 2019 (30.91).


McCormick 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.

McCormick Annual Data
Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.67 38.49 42.83 35.66 34.33

McCormick Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 32.21 32.28 30.07 33.95 30.91

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.


McCormick Days Sales Outstanding Distribution

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



McCormick 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.

McCormick's Days Sales Outstanding for the fiscal year that ended in Nov. 2019 is calculated as

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=502.9/5347.4*365
=34.33

McCormick's Days Sales Outstanding for the quarter that ended in Nov. 2019 is calculated as:

Days Sales Outstanding=Accounts Receivable/Revenue*Days in Period
=502.9/1484.8*365 / 4
=30.91

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


McCormick  (NYSE:MKC) Days Sales Outstanding Explanation

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


McCormick Days Sales Outstanding Related Terms


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