Foraco International (Foraco International) Days Sales Outstanding

: 60.92 (As of Dec. 2023)

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Foraco International's average Accounts Receivable for the three months ended in Dec. 2023 was $57.8 Mil. Foraco International's Revenue for the three months ended in Dec. 2023 was $86.6 Mil. Hence, Foraco International's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.92.

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

FRACF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.2 Med: 53.03 Max: 66.1
Current: 55.1

During the past 13 years, Foraco International's highest Days Sales Outstanding was 66.10. The lowest was 40.20. And the median was 53.03.

FRACF's Days Sales Outstanding is ranked worse than
58.05% of 789 companies
in the Metals & Mining industry
Industry Median: 41.95 vs FRACF: 55.10

Foraco International's Days Sales Outstanding increased from Dec. 2022 (49.68) to Dec. 2023 (60.92).

Foraco International Days Sales Outstanding Historical Data

The historical data trend for Foraco International'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.

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Foraco International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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56.00

53.35

41.68

41.23

46.37

Foraco International 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															49.68	53.20	55.08	59.62	60.92

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Foraco International'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.

Foraco International Days Sales Outstanding Distribution

For the Metals & Mining industry and Basic Materials sector, Foraco International's Days Sales Outstanding distribution charts can be found below:

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

Foraco International 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.

Foraco International'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
=	( (42.439	+	51.601)	/	2 )	/	370.093	*	365
=	47.02					/	370.093	*	365
=	46.37

Foraco International'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
=	( (64.024	+	51.601)	/	2 )	/	86.59	*	365 / 4
=	57.8125					/	86.59	*	365 / 4
=	60.92

Foraco International (OTCPK:FRACF) Days Sales Outstanding Explanation

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

Foraco International Days Sales Outstanding Related Terms

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Foraco International (Foraco International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Foraco International SA (OTCPK:FRACF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

3F3:Germany FAR:Canada

Address

26, Plage de l’Estaque, Marseille, FRA, 13016

Website

https://www.foraco.com

Foraco International SA is the business of providing mineral and water drilling services and hydraulic drilling. It specializes in drilling in harsh environments and isolated locations including desert, and mountainous regions. The principal sources of revenue consist of drilling contracts for companies involved in mining and water exploration. The principal sources of revenue consist of drilling contracts for companies primarily involved in mining and water exploration. The group has its operations in Europe, the Middle East and Africa, North America, South America and the Asia Pacific.

Foraco International (Foraco International) Headlines

From GuruFocus

Foraco International SA Stock Is Believed To Be Significantly Overvalued

By GF Value GF Value • 04-09-2021

Marathon Asset Management closes $100 million Senior Secured Bonds Financing to Foraco International

By PRNewswire PRNewswire • 07-13-2021