Empire Co (Empire Co) Days Sales Outstanding : 8.10 (As of Jan. 2024)

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What is Empire Co Days Sales Outstanding?

Empire Co's average Accounts Receivable for the three months ended in Jan. 2024 was $496 Mil. Empire Co's Revenue for the three months ended in Jan. 2024 was $5,583 Mil. Hence, Empire Co's Days Sales Outstanding for the three months ended in Jan. 2024 was 8.10.

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

EMLAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.37 Med: 6.96 Max: 8.08
Current: 8.08

During the past 13 years, Empire Co's highest Days Sales Outstanding was 8.08. The lowest was 6.37. And the median was 6.96.

EMLAF's Days Sales Outstanding is ranked better than
71.99% of 307 companies
in the Retail - Defensive industry
Industry Median: 23.76 vs EMLAF: 8.08

Empire Co's Days Sales Outstanding declined from Jan. 2023 (9.20) to Jan. 2024 (8.10).

Empire Co Days Sales Outstanding Historical Data

The historical data trend for Empire Co'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.

Empire Co Days Sales Outstanding Chart

Empire Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Sales Outstanding

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6.53

6.88

6.61

6.73

7.66

Empire Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															9.20	8.50	7.61	8.32	8.10

Competitive Comparison of Empire Co's Days Sales Outstanding

For the Grocery Stores subindustry, Empire Co'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.

Empire Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Empire Co's Days Sales Outstanding distribution charts can be found below:

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

Empire Co 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.

Empire Co's Days Sales Outstanding for the fiscal year that ended in Apr. 2023 is calculated as

	Days Sales Outstanding (A: Apr. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2022 )	+	Accounts Receivable (A: Apr. 2023 ))	/	count )	/	Revenue (A: Apr. 2023 )	*	Days in Period
=	( (442.509	+	506.823)	/	2 )	/	22603.159	*	365
=	474.666					/	22603.159	*	365
=	7.66

Empire Co's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (517.94	+	473.888)	/	2 )	/	5583.253	*	365 / 4
=	495.914					/	5583.253	*	365 / 4
=	8.10

Empire Co (OTCPK:EMLAF) Days Sales Outstanding Explanation

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

Empire Co Days Sales Outstanding Related Terms

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

Empire Co (Empire Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Empire Co Ltd (OTCPK:EMLAF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

C15:Germany EMP.A:Canada

Address

115 King Street, Stellarton, NS, CAN, B0K 1S0

Website

https://www.empireco.ca

Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

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