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Mission Produce (Mission Produce) Days Sales Outstanding : 28.11 (As of Jan. 2024)


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What is Mission Produce Days Sales Outstanding?

Mission Produce's average Accounts Receivable for the three months ended in Jan. 2024 was $79.7 Mil. Mission Produce's Revenue for the three months ended in Jan. 2024 was $258.7 Mil. Hence, Mission Produce's Days Sales Outstanding for the three months ended in Jan. 2024 was 28.11.

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

AVO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.85   Med: 27.11   Max: 28.59
Current: 28.59

During the past 6 years, Mission Produce's highest Days Sales Outstanding was 28.59. The lowest was 23.85. And the median was 27.11.

AVO's Days Sales Outstanding is ranked worse than
54.72% of 307 companies
in the Retail - Defensive industry
Industry Median: 23.76 vs AVO: 28.59

Mission Produce's Days Sales Outstanding increased from Jan. 2023 (27.18) to Jan. 2024 (28.11).


Mission Produce Days Sales Outstanding Historical Data

The historical data trend for Mission 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.

Mission Produce Days Sales Outstanding Chart

Mission Produce Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Sales Outstanding
Get a 7-Day Free Trial 28.55 27.34 26.87 23.85 26.21

Mission Produce 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 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 27.18 29.57 29.25 28.78 28.11

Competitive Comparison of Mission Produce's Days Sales Outstanding

For the Food Distribution subindustry, Mission 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.


Mission Produce's Days Sales Outstanding Distribution in the Retail - Defensive Industry

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

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



Mission 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.

Mission Produce's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (62.9 + 74.1) / 2 ) / 953.9*365
=68.5 / 953.9*365
=26.21

Mission Produce'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
=( (74.1 + 85.3) / 2 ) / 258.7*365 / 4
=79.7 / 258.7*365 / 4
=28.11

* 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.


Mission Produce  (NAS:AVO) Days Sales Outstanding Explanation

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


Mission Produce Days Sales Outstanding Related Terms

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


Mission Produce (Mission Produce) Business Description

Traded in Other Exchanges
Address
2710 Camino Del Sol, Oxnard, CA, USA, 93030
Mission Produce Inc is engaged in the business of producing and distributing avocados, serving retail, wholesale, and food service customers. Also, the company provides additional services like ripening, bagging, custom packing, and logistical management. The company's operating segments include Marketing and Distribution and International Farming and Blueberries. It generates maximum revenue from the Marketing and Distribution segment. The Marketing and Distribution segment sources fruit mainly from growers and then distributes fruit through a distribution network.
Executives
Bryan E Giles officer: CHIEF FINANCIAL OFFICER C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Stephen J Barnard director, officer: PRESIDENT AND CEO C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Tony B Sarsam director 850 76TH STREET SW, PO BOX 8700, GRAND RAPIDS MI 49518
Luis A Gonzalez director, 10 percent owner C/O MISSION PRODUCE,INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Juan R Wiesner officer: See Remarks C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Timothy Bulow officer: President and COO 2710 CAMINO DEL SOL, OXNARD CA 93030
Bonnie Cruickshank Lind director 3460 PRESTON RIDGE ROAD, ALPHARETTA GA 30005
Shaunte Danielle Mears-watkins director 2710 CAMINO DEL SOL, OXNARD CA 93030
Joanne C Wu officer: General Counsel and Secretary C/O MISSION PRODUCE, INC., 2710 CAMINO DEL SOL, OXNARD CA 93030
Michael A Browne officer: CHIEF OPERATING OFFICER C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Jay A Pack director C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Steve A Beebe director C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Ross W Wileman officer: See Remarks C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Bruce C. Taylor director, 10 percent owner C/O TAYLOR FARMS, 911-B BLANCO CIRCLE, SALINAS CA 93901
Linda B Segre director 2180 RUTHERFORD ROAD, CARLSBAD CA 92008