Nofoth Food Products Co (SAU:9556) Days Sales Outstanding : 7.97 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Nofoth Food Products Co Days Sales Outstanding?

Nofoth Food Products Co's average Accounts Receivable for the six months ended in Dec. 2023 was ﷼6.7 Mil. Nofoth Food Products Co's Revenue for the six months ended in Dec. 2023 was ﷼152.6 Mil. Hence, Nofoth Food Products Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.97.

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

SAU:9556' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.94 Med: 13.06 Max: 15.99
Current: 9.94

During the past 2 years, Nofoth Food Products Co's highest Days Sales Outstanding was 15.99. The lowest was 9.94. And the median was 13.06.

SAU:9556's Days Sales Outstanding is ranked better than
68.98% of 303 companies
in the Retail - Defensive industry
Industry Median: 23.57 vs SAU:9556: 9.94

Nofoth Food Products Co's Days Sales Outstanding declined from Dec. 2022 (16.06) to Dec. 2023 (7.97).

Nofoth Food Products Co Days Sales Outstanding Historical Data

The historical data trend for Nofoth Food Products 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.

Nofoth Food Products Co Days Sales Outstanding Chart

Nofoth Food Products Co Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

15.99

10.12

Nofoth Food Products Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	16.06	11.67	7.97

Competitive Comparison of Nofoth Food Products Co's Days Sales Outstanding

For the Grocery Stores subindustry, Nofoth Food Products 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.

Nofoth Food Products Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

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

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

Nofoth Food Products 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.

Nofoth Food Products Co'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
=	( (11.837	+	5.261)	/	2 )	/	308.19	*	365
=	8.549					/	308.19	*	365
=	10.12

Nofoth Food Products Co'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
=	( (8.069	+	5.261)	/	2 )	/	152.569	*	365 / 2
=	6.665					/	152.569	*	365 / 2
=	7.97

Nofoth Food Products Co (SAU:9556) Days Sales Outstanding Explanation

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

Nofoth Food Products Co Days Sales Outstanding Related Terms

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

Nofoth Food Products Co (SAU:9556) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nofoth Food Products Co (SAU:9556) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Abu Bakr Al-Siddiq Road, Al-Nuzha, P.O. Box 30, Riyadh, SAU, 12471

Website

https://www.nofoth.com

Nofoth Food Products Co manufactures bread and its products through automated bakeries. It manufactures pies of all kinds and popular and oriental sweets of all kinds. The firm also retails bakery products and sugary sweets, nuts, coffee, and spices, dry food stores, restaurants with service, and activities caterers who provide food services.

Nofoth Food Products Co (SAU:9556) Headlines

No Headlines