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Krones AG (XSWX:KRN) Days Sales Outstanding : 52.05 (As of Mar. 2024)


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What is Krones AG Days Sales Outstanding?

Krones AG's average Accounts Receivable for the three months ended in Mar. 2024 was CHF687 Mil. Krones AG's Revenue for the three months ended in Mar. 2024 was CHF1,205 Mil. Hence, Krones AG's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.05.

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

XSWX:KRN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.32   Med: 86.33   Max: 111.84
Current: 59.32

During the past 13 years, Krones AG's highest Days Sales Outstanding was 111.84. The lowest was 59.32. And the median was 86.33.

XSWX:KRN's Days Sales Outstanding is ranked better than
72.49% of 2944 companies
in the Industrial Products industry
Industry Median: 79.815 vs XSWX:KRN: 59.32

Krones AG's Days Sales Outstanding declined from Mar. 2023 (62.80) to Mar. 2024 (52.05).


Krones AG Days Sales Outstanding Historical Data

The historical data trend for Krones 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.

* Premium members only.

Krones AG Days Sales Outstanding Chart

Krones AG 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 88.53 90.43 74.04 69.55 63.29

Krones AG 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 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 62.80 67.53 63.24 58.35 52.05

Competitive Comparison of Krones AG's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Krones 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.


Krones AG's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Krones AG's Days Sales Outstanding distribution charts can be found below:

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



Krones 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.

Krones 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
=( (809.469 + 734.38) / 2 ) / 4451.953*365
=771.9245 / 4451.953*365
=63.29

Krones AG's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (734.38 + 639.792) / 2 ) / 1204.536*365 / 4
=687.086 / 1204.536*365 / 4
=52.05

* 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.


Krones AG  (XSWX:KRN) Days Sales Outstanding Explanation

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


Krones AG Days Sales Outstanding Related Terms

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Krones AG (XSWX:KRN) Business Description

Address
Bohmerwaldstrasse 5, Neutraubling, BY, DEU, 93073
Krones AG offers machinery and systems for filling, packaging, and producing beverages. Part of its product portfolio is information technology and planning associated with logistics and production lines. In addition to packaging, the company has cellar systems to treat and store sensitive beverages. Krones has two reportable segments: product filling and decoration, which is the highest revenue segment, and machines and lines for beverage production and process technology segment. Its customer base includes companies in the beverage, food, chemical, pharmaceutical, and cosmetic industries, but beverage companies account the Krones' revenue. While the company has a presence, Germany remains the central location for the development of machines, lines, and services.

Krones AG (XSWX:KRN) Headlines

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