Hydrofarm Holdings Group (Hydrofarm Holdings Group) Days Sales Outstanding

: 30.76 (As of Dec. 2023)

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Hydrofarm Holdings Group's average Accounts Receivable for the three months ended in Dec. 2023 was $15.9 Mil. Hydrofarm Holdings Group's Revenue for the three months ended in Dec. 2023 was $47.2 Mil. Hence, Hydrofarm Holdings Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.76.

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

HYFM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.2 Med: 24.43 Max: 28.26
Current: 28.26

During the past 6 years, Hydrofarm Holdings Group's highest Days Sales Outstanding was 28.26. The lowest was 18.20. And the median was 24.43.

HYFM's Days Sales Outstanding is ranked better than
91.83% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.235 vs HYFM: 28.26

Hydrofarm Holdings Group's Days Sales Outstanding increased from Dec. 2022 (27.78) to Dec. 2023 (30.76).

Hydrofarm Holdings Group Days Sales Outstanding Historical Data

The historical data trend for Hydrofarm Holdings Group'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.

Hydrofarm Holdings Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

23.09

18.20

20.44

27.02

26.15

Hydrofarm Holdings Group Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding															27.78	28.17	28.41	28.22	30.76

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Hydrofarm Holdings Group'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.

Hydrofarm Holdings Group Days Sales Outstanding Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hydrofarm Holdings Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hydrofarm Holdings Group's Days Sales Outstanding falls into.

Hydrofarm Holdings Group 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.

Hydrofarm Holdings Group'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
=	( (16.648	+	15.82)	/	2 )	/	226.581	*	365
=	16.234					/	226.581	*	365
=	26.15

Hydrofarm Holdings Group'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
=	( (15.987	+	15.82)	/	2 )	/	47.184	*	365 / 4
=	15.9035					/	47.184	*	365 / 4
=	30.76

Hydrofarm Holdings Group (NAS:HYFM) Days Sales Outstanding Explanation

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

Hydrofarm Holdings Group Days Sales Outstanding Related Terms

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Hydrofarm Holdings Group (Hydrofarm Holdings Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Hydrofarm Holdings Group Inc (NAS:HYFM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5TUA:Germany 5TUA:Germany

Address

1510 Main Street, Shoemakersville, PA, USA, 19526

Website

https://www.hydrofarm.com

Hydrofarm Holdings Group Inc is a distributor and manufacturer of agriculture equipment and supplies. Some of its products include lighting solutions, growing media (i.e., premium soils and soil alternatives), nutrients, equipment, and supplies sold under proprietary, exclusive/preferred brands, or non-exclusive/distributed brands. The business is organized into two operating segments, the U.S. and Canada.

Executives

William Douglas Toler	director, officer: CEO and Chairman of the Board	1 EAST ARMOUR BOULEVARD, KANSAS CITY MO 64111
Kevin Patrick O'brien	officer: Chief Accounting Officer	C/O CPI CARD GROUP INC., 10026 W. SAN JUAN WAY, SUITE 200, LITTLETON CO 80127
Terence Fitch	officer: President	32 ORLE CIR, LITTLE ROCK AR 72223
Mark S Parker	officer: Executive Vice President	C/O HYDROFARM HOLDINGS GROUP, INC., 1510 MAIN STREET, SHOEMAKERSVILLE PA 19526
Patrick Chung	director	13 CARNATION RD, THORNHILL A6 L3T 7V3
Joseph D Rumley	officer: Chief Accounting Officer	1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Renah Persofsky	director	55 PRINCE ARTHUR AVENUE, #604, TORONTO A6 M5R 1B3
Susan Peters	director	40 OLD MILITARY ROAD, HILTON HEAD SC 29928
Richard D Moss	director	1715 WEST 38TH STREET, CHATTANOOGA TN 37409
Bruce John Lindeman	officer: CFO	1500 PATHFINDER AVENUE, WESTLAKE VILLAGE CA 91362
Melisa Denis	director	627 WESTHAVEN RD., COPPELL TX 75019
Chris Payne	10 percent owner	C/O HAWTHORN EQUITY PARTNERS INC., PO BOX 1061, TORONTO DOMINION A6 M5K 1P2
John Tomes	10 percent owner	C/O HAWTHORN EQUITY PARTNERS INC., PO BOX 1061, TORONTO DOMINION A6 M5K 1P2
Peter Wardenburg	10 percent owner	3 BEYER CT., NOVATO CA 94945