FRMO (FRMO) Days Sales Outstanding : 30.61 (As of May. 2014)

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What is FRMO Days Sales Outstanding?

FRMO's average Accounts Receivable for the six months ended in May. 2014 was $0.54 Mil. FRMO's Revenue for the six months ended in May. 2014 was $6.39 Mil. Hence, FRMO's Days Sales Outstanding for the six months ended in May. 2014 was 15.30.

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

FRMO's Days Sales Outstanding is not ranked ^*
in the Asset Management industry.
Industry Median: 49.92
* Ranked among companies with meaningful Days Sales Outstanding only.

FRMO's Days Sales Outstanding increased from May. 2012 (19.99) to May. 2014 (30.61).

FRMO Days Sales Outstanding Historical Data

The historical data trend for FRMO'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.

FRMO Days Sales Outstanding Chart

FRMO Annual Data

Trend

Feb00

Feb01

Feb02

Feb03

Feb04

May12

May13

May14

Days Sales Outstanding

Get a 7-Day Free Trial

73.70

71.86

19.99

10.88

30.61

FRMO Semi-Annual Data
	Feb00	Feb01	Feb02	Feb03	Feb04	May12	May13	May14
Days Sales Outstanding	Get a 7-Day Free Trial			73.70	71.86	19.99	10.88	30.61

Competitive Comparison of FRMO's Days Sales Outstanding

For the Asset Management subindustry, FRMO'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.

FRMO's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FRMO's Days Sales Outstanding distribution charts can be found below:

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

FRMO 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.

FRMO's Days Sales Outstanding for the fiscal year that ended in May. 2014 is calculated as

	Days Sales Outstanding (A: May. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2013 )	+	Accounts Receivable (A: May. 2014 ))	/	count )	/	Revenue (A: May. 2014 )	*	Days in Period
=	( (0.476	+	0.595)	/	2 )	/	6.386	*	365
=	0.5355					/	6.386	*	365
=	30.61

FRMO's Days Sales Outstanding for the quarter that ended in May. 2014 is calculated as:

	Days Sales Outstanding (Q: May. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2013 )	+	Accounts Receivable (A: May. 2014 ))	/	count )	/	Revenue (A: May. 2014 )	*	Days in Period
=	( (0.476	+	0.595)	/	2 )	/	6.386	*	365 / 2
=	0.5355					/	6.386	*	365 / 2
=	15.30

FRMO (OTCPK:FRMO) Days Sales Outstanding Explanation

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

FRMO Days Sales Outstanding Related Terms

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FRMO (FRMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is focused its activities on making strategic investments in public and private companies.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527