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Heineken NV (CHIX:HEIAA) Days Sales Outstanding : 53.93 (As of Jun. 2024)


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What is Heineken NV Days Sales Outstanding?

Heineken NV's average Accounts Receivable for the six months ended in Jun. 2024 was €4,381 Mil. Heineken NV's Revenue for the six months ended in Jun. 2024 was €14,824 Mil. Hence, Heineken NV's Days Sales Outstanding for the six months ended in Jun. 2024 was 53.93.

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

CHIX:HEIAa' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.74   Med: 39.27   Max: 57.44
Current: 57.44

During the past 13 years, Heineken NV's highest Days Sales Outstanding was 57.44. The lowest was 34.74. And the median was 39.27.

CHIX:HEIAa's Days Sales Outstanding is ranked worse than
63.03% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.94 vs CHIX:HEIAa: 57.44

Heineken NV's Days Sales Outstanding declined from Jun. 2023 (55.51) to Jun. 2024 (53.93).


Heineken NV Days Sales Outstanding Historical Data

The historical data trend for Heineken NV'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.

Heineken NV Days Sales Outstanding Chart

Heineken NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.04 43.63 34.74 35.01 39.05

Heineken NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Sales Outstanding Get a 7-Day Free Trial 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 49.77 48.43 55.51 52.38 53.93

Competitive Comparison of Heineken NV's Days Sales Outstanding

For the Beverages - Brewers subindustry, Heineken NV'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.


Heineken NV's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Heineken NV's Days Sales Outstanding distribution charts can be found below:

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



Heineken NV 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.

Heineken NV'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
=( (3120 + 3376) / 2 ) / 30362*365
=3248 / 30362*365
=39.05

Heineken NV's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (3376 + 5385) / 2 ) / 14824*365 / 2
=4380.5 / 14824*365 / 2
=53.93

* 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.


Heineken NV  (CHIX:HEIAa) Days Sales Outstanding Explanation

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


Heineken NV Days Sales Outstanding Related Terms

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Heineken NV Business Description

Address
Tweede Weteringplantsoen 21, Amsterdam, NH, NLD, 1017 ZD
Heineken sold 243 million hectoliters of beer in 2023, and is the world's second-largest brewer behind Anheuser-Busch InBev. It has the leading position in many European markets, including the Netherlands, Austria, Greece, and Italy. Its flagship brand, Heineken, is the world's leading international premium lager by volume and has spawned several brand extensions including Heineken 0.0 and Heineken Silver. Heineken is the world's biggest cider producer, and its portfolio also includes brands in the nonalcoholic, Belgian, and craft beer categories.

Heineken NV Headlines

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