Forbidden Foods (ASX:FFF) Days Sales Outstanding : 32.00 (As of Dec. 2023)

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What is Forbidden Foods Days Sales Outstanding?

Forbidden Foods's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.26 Mil. Forbidden Foods's Revenue for the six months ended in Dec. 2023 was A$1.46 Mil. Hence, Forbidden Foods's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.00.

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

ASX:FFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.42 Med: 40.09 Max: 53.46
Current: 53.46

During the past 3 years, Forbidden Foods's highest Days Sales Outstanding was 53.46. The lowest was 32.42. And the median was 40.09.

ASX:FFF's Days Sales Outstanding is ranked worse than
68.88% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs ASX:FFF: 53.46

Forbidden Foods's Days Sales Outstanding declined from Dec. 2022 (49.19) to Dec. 2023 (32.00).

Forbidden Foods Days Sales Outstanding Historical Data

The historical data trend for Forbidden 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.

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Forbidden Foods Days Sales Outstanding Chart

Forbidden Foods Annual Data

Trend

Jun21

Jun22

Jun23

Days Sales Outstanding

40.09

32.42

45.08

Forbidden Foods Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			42.24	47.60	49.19	66.27	32.00

Competitive Comparison of Forbidden Foods's Days Sales Outstanding

For the Packaged Foods subindustry, Forbidden 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.

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

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

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

Forbidden 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.

Forbidden Foods's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.707	+	0.215)	/	2 )	/	3.733	*	365
=	0.461					/	3.733	*	365
=	45.08

Forbidden 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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.215	+	0.298)	/	2 )	/	1.463	*	365 / 2
=	0.2565					/	1.463	*	365 / 2
=	32.00

Forbidden Foods (ASX:FFF) Days Sales Outstanding Explanation

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

Forbidden Foods Days Sales Outstanding Related Terms

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Forbidden Foods (ASX:FFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Forbidden Foods Ltd (ASX:FFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

16/663 Victoria Street, Abbotsford, Melbourne, VIC, AUS, 3067

Website

https://www.forbiddenfoods.com.au

Forbidden Foods Ltd is an Australian owned and managed food company specialising in the sourcing and development of health focused food products for retail and food service in Australia and abroad.

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