CCL Industries (CCL Industries) Days Sales Outstanding

: 58.93 (As of Dec. 2023)

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CCL Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $800 Mil. CCL Industries's Revenue for the three months ended in Dec. 2023 was $1,239 Mil. Hence, CCL Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.93.

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

CCDBF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.24 Med: 54.08 Max: 59.84
Current: 59.84

During the past 13 years, CCL Industries's highest Days Sales Outstanding was 59.84. The lowest was 50.24. And the median was 54.08.

CCDBF's Days Sales Outstanding is ranked better than
63.3% of 376 companies
in the Packaging & Containers industry
Industry Median: 69.775 vs CCDBF: 59.84

CCL Industries's Days Sales Outstanding declined from Dec. 2022 (64.13) to Dec. 2023 (58.93).

CCL Industries Days Sales Outstanding Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

54.28

53.67

55.96

56.65

53.44

CCL Industries 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																64.13	59.85	63.39	62.80	58.93

Competitive Comparison

For the Packaging & Containers subindustry, CCL Industries'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.

CCL Industries Days Sales Outstanding Distribution

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

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

CCL Industries 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.

CCL Industries'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
=	( (717.262	+	733.974)	/	2 )	/	4956.47	*	365
=	725.618					/	4956.47	*	365
=	53.44

CCL Industries'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
=	( (866.603	+	733.974)	/	2 )	/	1239.192	*	365 / 4
=	800.2885					/	1239.192	*	365 / 4
=	58.93

CCL Industries (OTCPK:CCDBF) Days Sales Outstanding Explanation

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

CCL Industries Days Sales Outstanding Related Terms

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CCL Industries (CCL Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » CCL Industries Inc (OTCPK:CCDBF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CCLLF:USA CCL.B:Canada CCL.A:Canada

Address

111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1

Website

https://www.cclind.com

CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.