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Marfrig Global Foods (Marfrig Global Foods) Days Sales Outstanding : 17.68 (As of Dec. 2023)


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What is Marfrig Global Foods Days Sales Outstanding?

Marfrig Global Foods's average Accounts Receivable for the three months ended in Dec. 2023 was $1,403 Mil. Marfrig Global Foods's Revenue for the three months ended in Dec. 2023 was $7,240 Mil. Hence, Marfrig Global Foods's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.68.

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

MRRTY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.22   Med: 16.39   Max: 42.84
Current: 17.59

During the past 13 years, Marfrig Global Foods's highest Days Sales Outstanding was 42.84. The lowest was 12.22. And the median was 16.39.

MRRTY's Days Sales Outstanding is ranked better than
82.22% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.18 vs MRRTY: 17.59

Marfrig Global Foods's Days Sales Outstanding declined from Dec. 2022 (17.94) to Dec. 2023 (17.68).


Marfrig Global Foods Days Sales Outstanding Historical Data

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Days Sales Outstanding Chart

Marfrig Global Foods 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 12.48 13.65 14.11 14.98 18.63

Marfrig Global Foods 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 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 17.94 18.36 16.07 16.38 17.68

Competitive Comparison of Marfrig Global Foods's Days Sales Outstanding

For the Packaged Foods subindustry, Marfrig Global Foods'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.


Marfrig Global Foods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Marfrig Global Foods's Days Sales Outstanding falls into.



Marfrig Global Foods 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.

Marfrig Global Foods'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
=( (1282.481 + 1472.233) / 2 ) / 26984.369*365
=1377.357 / 26984.369*365
=18.63

Marfrig Global Foods'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
=( (1333.517 + 1472.233) / 2 ) / 7239.564*365 / 4
=1402.875 / 7239.564*365 / 4
=17.68

* 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.


Marfrig Global Foods  (OTCPK:MRRTY) Days Sales Outstanding Explanation

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


Marfrig Global Foods Days Sales Outstanding Related Terms

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Marfrig Global Foods (Marfrig Global Foods) Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (Marfrig Global Foods) Headlines

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