GraceKennedy (XJAM:GK) Days Sales Outstanding : 56.65 (As of Sep. 2023)

View and export this data going back to 1986. Start your Free Trial

What is GraceKennedy Days Sales Outstanding?

GraceKennedy's average Accounts Receivable for the three months ended in Sep. 2023 was JMD24,574 Mil. GraceKennedy's Revenue for the three months ended in Sep. 2023 was JMD39,580 Mil. Hence, GraceKennedy's Days Sales Outstanding for the three months ended in Sep. 2023 was 56.65.

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

XJAM:GK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.87 Med: 43.76 Max: 52.97
Current: 52.71

During the past 13 years, GraceKennedy's highest Days Sales Outstanding was 52.97. The lowest was 35.87. And the median was 43.76.

XJAM:GK's Days Sales Outstanding is ranked worse than
68.06% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs XJAM:GK: 52.71

GraceKennedy's Days Sales Outstanding declined from Sep. 2022 (61.86) to Sep. 2023 (56.65).

GraceKennedy Days Sales Outstanding Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Days Sales Outstanding Chart

GraceKennedy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

42.41

37.83

35.87

37.27

41.32

GraceKennedy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															61.86	53.03	44.28	50.32	56.65

Competitive Comparison of GraceKennedy's Days Sales Outstanding

For the Packaged Foods subindustry, GraceKennedy'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.

GraceKennedy's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

GraceKennedy 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.

GraceKennedy's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (14713.87	+	17649.806)	/	2 )	/	142931.701	*	365
=	16181.838					/	142931.701	*	365
=	41.32

GraceKennedy's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (22873.409	+	26273.998)	/	2 )	/	39580.368	*	365 / 4
=	24573.7035					/	39580.368	*	365 / 4
=	56.65

GraceKennedy (XJAM:GK) Days Sales Outstanding Explanation

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

GraceKennedy Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of GraceKennedy's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

GraceKennedy (XJAM:GK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » GraceKennedy Ltd (XJAM:GK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GKC:Trinidad and Tobago

Address

42-56 Harbour Street, Kingston, JAM

Website

https://www.gracekennedy.com

GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

GraceKennedy (XJAM:GK) Headlines

From GuruFocus

2 Stocks Fall Wednesday

By Omar Venerio Omar Venerio • 09-26-2018

G&K Services: A Continuous Dividend Hike with Little Bottom Line

By Omar Venerio Omar Venerio • 08-17-2015