Ranpak Holdings (Ranpak Holdings) Days Sales Outstanding

: 32.20 (As of Dec. 2023)

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Ranpak Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $31.9 Mil. Ranpak Holdings's Revenue for the three months ended in Dec. 2023 was $90.4 Mil. Hence, Ranpak Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.20.

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

PACK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.06 Med: 42.9 Max: 46.02
Current: 36.03

During the past 7 years, Ranpak Holdings's highest Days Sales Outstanding was 46.02. The lowest was 35.06. And the median was 42.90.

PACK's Days Sales Outstanding is ranked better than
89.63% of 376 companies
in the Packaging & Containers industry
Industry Median: 69.775 vs PACK: 36.03

Ranpak Holdings's Days Sales Outstanding declined from Dec. 2022 (39.88) to Dec. 2023 (32.20).

Ranpak Holdings Days Sales Outstanding Historical Data

The historical data trend for Ranpak Holdings'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.

Ranpak Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

45.78

46.02

39.36

42.87

35.06

Ranpak Holdings 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																39.88	37.87	38.55	36.92	32.20

Competitive Comparison

For the Packaging & Containers subindustry, Ranpak Holdings'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.

Ranpak Holdings Days Sales Outstanding Distribution

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

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

Ranpak Holdings 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.

Ranpak Holdings'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
=	( (33	+	31.6)	/	2 )	/	336.3	*	365
=	32.3					/	336.3	*	365
=	35.06

Ranpak Holdings'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
=	( (32.2	+	31.6)	/	2 )	/	90.4	*	365 / 4
=	31.9					/	90.4	*	365 / 4
=	32.20

Ranpak Holdings (NYSE:PACK) Days Sales Outstanding Explanation

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

Ranpak Holdings Days Sales Outstanding Related Terms

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Ranpak Holdings (Ranpak Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ranpak Holdings Corp (NYSE:PACK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

0ZA:Germany

Address

7990 Auburn Road, Concord Township, OH, USA, 44077

Website

https://www.ranpak.com

Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. Geographically, it derives a majority of revenue from Europe/Asia.

Executives

Mark A. Siebert	officer: MD, North America	7990 AUBURN ROAD, CONCORD TOWNSHIP OH 44077
Alicia M. Tranen	director	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Eric Laurensse	officer: Managing Director, Europe	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Antonio Grassotti	officer: Managing Director, APAC	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Kurt Zumwalt	director	201 ELLIOTT AVENUE WEST, SEATTLE WA 98119
Salil Seshadri	director	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Omar Asali	director, officer: Chairman and CEO	GOLDMAN SACHS HEDGE FUND STRATEGIES LLC, 32 OLD SLIP, 9TH FLOOR, NEW YORK NY 10005
William Drew	officer: Secretary	3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Michael Anthony Jones	director	1000 LOWE'S BOULEVARD, MOORESVILLE NC 28117
Pamela K. El	director	C/O RANPAK HOLDINGS CORP., 7990 AUBURN ROAD, CONCORD TOWNSHIP OH 44077
Thomas F. Corley	director	C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60093
Steve A. Kovach	director	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016
Js Capital Management Llc	10 percent owner	888 SEVENTH AVENUE, 40TH FLOOR, NEW YORK NY 10106
Soros Jonathan T Allan	10 percent owner	C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106
Trent Meyerhoefer	officer: Chief Financial Officer	ONE MADISON CORP., 3 EAST 28TH STREET, 8TH FLOOR, NEW YORK NY 10016