General Mills (WBO:GIS) Days Sales Outstanding

: 31.53 (As of Feb. 2024)

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General Mills's average Accounts Receivable for the three months ended in Feb. 2024 was €1,633 Mil. General Mills's Revenue for the three months ended in Feb. 2024 was €4,727 Mil. Hence, General Mills's Days Sales Outstanding for the three months ended in Feb. 2024 was 31.53.

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

WBO:GIS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.71 Med: 32.31 Max: 36.4
Current: 31.75

During the past 13 years, General Mills's highest Days Sales Outstanding was 36.40. The lowest was 29.71. And the median was 32.31.

WBO:GIS's Days Sales Outstanding is ranked better than
60.72% of 1833 companies
in the Consumer Packaged Goods industry
Industry Median: 38.96 vs WBO:GIS: 31.75

General Mills's Days Sales Outstanding declined from Feb. 2023 (32.90) to Feb. 2024 (31.53).

General Mills Days Sales Outstanding Historical Data

The historical data trend for General Mills'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.

General Mills Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Sales Outstanding

35.42

33.68

34.61

29.96

31.09

General Mills Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding																32.90	31.57	32.37	31.39	31.53

Competitive Comparison

For the Packaged Foods subindustry, General Mills'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.

General Mills Days Sales Outstanding Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's Days Sales Outstanding distribution charts can be found below:

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

General Mills 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.

General Mills's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (1600.727	+	1548.544)	/	2 )	/	18486.664	*	365
=	1574.6355					/	18486.664	*	365
=	31.09

General Mills's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (1625.131	+	1641.81)	/	2 )	/	4726.958	*	365 / 4
=	1633.4705					/	4726.958	*	365 / 4
=	31.53

General Mills (WBO:GIS) Days Sales Outstanding Explanation

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

General Mills Days Sales Outstanding Related Terms

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General Mills (WBO:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » General Mills Inc (WBO:GIS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GIS:USA GIS:Mexico GRM:Germany G1MI34:Brazil

Address

Number One General Mills Boulevard, Minneapolis, MN, USA, 55426

Website

https://www.generalmills.com

General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2023, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.