Newlat Food SpA (MIL:NWL) Days Sales Outstanding : 38.16 (As of Dec. 2023)

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What is Newlat Food SpA Days Sales Outstanding?

Newlat Food SpA's average Accounts Receivable for the three months ended in Dec. 2023 was €80.6 Mil. Newlat Food SpA's Revenue for the three months ended in Dec. 2023 was €192.7 Mil. Hence, Newlat Food SpA's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.16.

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

MIL:NWL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.44 Med: 52.93 Max: 76.75
Current: 39.44

During the past 8 years, Newlat Food SpA's highest Days Sales Outstanding was 76.75. The lowest was 39.44. And the median was 52.93.

MIL:NWL's Days Sales Outstanding is ranked worse than
50.49% of 1842 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs MIL:NWL: 39.44

Newlat Food SpA's Days Sales Outstanding increased from Dec. 2022 (34.49) to Dec. 2023 (38.16).

Newlat Food SpA Days Sales Outstanding Historical Data

The historical data trend for Newlat Food SpA'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.

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Newlat Food SpA Days Sales Outstanding Chart

Newlat Food SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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67.84

46.82

45.46

42.42

43.64

Newlat Food SpA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															40.01	35.04	38.47	38.16	38.70

Competitive Comparison of Newlat Food SpA's Days Sales Outstanding

For the Packaged Foods subindustry, Newlat Food SpA'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.

Newlat Food SpA's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Newlat Food SpA's Days Sales Outstanding falls into.

Newlat Food SpA 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.

Newlat Food SpA'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
=	( (105.081	+	84.634)	/	2 )	/	793.339	*	365
=	94.8575					/	793.339	*	365
=	43.64

Newlat Food SpA'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
=	( (76.529	+	84.634)	/	2 )	/	192.673	*	365 / 4
=	80.5815					/	192.673	*	365 / 4
=	38.16

Newlat Food SpA (MIL:NWL) Days Sales Outstanding Explanation

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

Newlat Food SpA Days Sales Outstanding Related Terms

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Newlat Food SpA (MIL:NWL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Newlat Food SpA (MIL:NWL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6NF:Germany

Address

Via JF Kennedy 16, Reggio Emilia, ITA, 42124

Website

https://www.newlat.it

Newlat Food SpA is an Italy-based agro-food company. It is engaged in the processing, packaging, sale, and distribution of food and beverages. The company has various operating segments which include Pasta, Milk Products, Bakery Products, Dairy Products, Special Products, Instant noodles, and Other activities. The company operates in Italy, Germany, and other countries.