HOCN AG (XSWX:HOCN) Days Sales Outstanding : 13.14 (As of Jun. 2024)

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What is HOCN AG Days Sales Outstanding?

HOCN AG's average Accounts Receivable for the six months ended in Jun. 2024 was CHF10.7 Mil. HOCN AG's Revenue for the six months ended in Jun. 2024 was CHF148.6 Mil. Hence, HOCN AG's Days Sales Outstanding for the six months ended in Jun. 2024 was 13.14.

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

XSWX:HOCN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.11 Med: 36.39 Max: 49.42
Current: 24.11

During the past 13 years, HOCN AG's highest Days Sales Outstanding was 49.42. The lowest was 24.11. And the median was 36.39.

XSWX:HOCN's Days Sales Outstanding is ranked better than
73.24% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 39.76 vs XSWX:HOCN: 24.11

HOCN AG's Days Sales Outstanding declined from Jun. 2023 (35.23) to Jun. 2024 (13.14).

HOCN AG Days Sales Outstanding Historical Data

The historical data trend for HOCN AG'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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HOCN AG Days Sales Outstanding Chart

HOCN AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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40.90

33.33

28.76

28.65

25.74

HOCN AG 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															41.49	40.16	35.23	35.76	13.14

Competitive Comparison of HOCN AG's Days Sales Outstanding

For the Packaged Foods subindustry, HOCN AG'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.

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

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

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

HOCN AG 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.

HOCN AG'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
=	( (22.022	+	21.4)	/	2 )	/	307.84	*	365
=	21.711					/	307.84	*	365
=	25.74

HOCN AG'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
=	( (21.4	+	0.005)	/	2 )	/	148.645	*	365 / 2
=	10.7025					/	148.645	*	365 / 2
=	13.14

HOCN AG (XSWX:HOCN) Days Sales Outstanding Explanation

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

HOCN AG Days Sales Outstanding Related Terms

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HOCN AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » HOCN AG (XSWX:HOCN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HOCNz:UK 0QQI:UK

Address

Siedereistrasse 9, Postfach 691, Hochdorf, CHE, 6281

Website

https://www.hochdorf.com

HOCN AG Formerly Hochdorf Holding AG is a food company. It produces and sells food products to the food industry and the wholesale and retail trade in the international markets. The company operates in two segment: Food Solutions and Infant Nutrition. The company generates the majority of its revenue from the Food Solutions segment. The company generates revenue from sale of their products: Milk products/cream, Milk powder, Infant formula, Specialities, and Bakery/confectionary goods. Geographically the company generates the majority of its revenue from Switzerland/Liechtenstein region.

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