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Fresh Del Monte Produce (FRA:FDM) Days Sales Outstanding : 38.96 (As of Dec. 2023)


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What is Fresh Del Monte Produce Days Sales Outstanding?

Fresh Del Monte Produce's average Accounts Receivable for the three months ended in Dec. 2023 was €395 Mil. Fresh Del Monte Produce's Revenue for the three months ended in Dec. 2023 was €925 Mil. Hence, Fresh Del Monte Produce's Days Sales Outstanding for the three months ended in Dec. 2023 was 38.96.

The historical rank and industry rank for Fresh Del Monte Produce's Days Sales Outstanding or its related term are showing as below:

FRA:FDM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.43   Med: 31.23   Max: 34.87
Current: 34.87

During the past 13 years, Fresh Del Monte Produce's highest Days Sales Outstanding was 34.87. The lowest was 29.43. And the median was 31.23.

FRA:FDM's Days Sales Outstanding is ranked better than
56.58% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs FRA:FDM: 34.87

Fresh Del Monte Produce's Days Sales Outstanding increased from Dec. 2022 (32.66) to Dec. 2023 (38.96).


Fresh Del Monte Produce Days Sales Outstanding Historical Data

The historical data trend for Fresh Del Monte Produce'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.

Fresh Del Monte Produce Days Sales Outstanding Chart

Fresh Del Monte Produce 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 29.82 32.89 29.03 28.55 32.59

Fresh Del Monte Produce Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 32.66 32.28 32.63 39.86 38.96

Competitive Comparison of Fresh Del Monte Produce's Days Sales Outstanding

For the Farm Products subindustry, Fresh Del Monte Produce'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.


Fresh Del Monte Produce's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fresh Del Monte Produce's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fresh Del Monte Produce's Days Sales Outstanding falls into.



Fresh Del Monte Produce 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.

Fresh Del Monte Produce'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
=( (352.584 + 354.879) / 2 ) / 3962.082*365
=353.7315 / 3962.082*365
=32.59

Fresh Del Monte Produce'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (434.955 + 354.879) / 2 ) / 924.886*365 / 4
=394.917 / 924.886*365 / 4
=38.96

* 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.


Fresh Del Monte Produce  (FRA:FDM) Days Sales Outstanding Explanation

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


Fresh Del Monte Produce Days Sales Outstanding Related Terms

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Fresh Del Monte Produce (FRA:FDM) Business Description

Traded in Other Exchanges
Address
87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107
Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.

Fresh Del Monte Produce (FRA:FDM) Headlines