Indofood Agri Resources (Indofood Agri Resources) Days Sales Outstanding

: 17.68 (As of Dec. 2023)

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Indofood Agri Resources's average Accounts Receivable for the six months ended in Dec. 2023 was $53 Mil. Indofood Agri Resources's Revenue for the six months ended in Dec. 2023 was $545 Mil. Hence, Indofood Agri Resources's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.68.

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

INDFY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.14 Med: 25.1 Max: 32.8
Current: 21.14

During the past 13 years, Indofood Agri Resources's highest Days Sales Outstanding was 32.80. The lowest was 21.14. And the median was 25.10.

INDFY's Days Sales Outstanding is ranked better than
77.22% of 1835 companies
in the Consumer Packaged Goods industry
Industry Median: 39.02 vs INDFY: 21.14

Indofood Agri Resources's Days Sales Outstanding declined from Dec. 2022 (23.65) to Dec. 2023 (17.68).

Indofood Agri Resources Days Sales Outstanding Historical Data

The historical data trend for Indofood Agri Resources'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.

Indofood Agri Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

32.63

30.54

24.81

28.85

21.97

Indofood Agri Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																23.79	31.29	23.65	23.99	17.68

Competitive Comparison

For the Packaged Foods subindustry, Indofood Agri Resources'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.

Indofood Agri Resources Days Sales Outstanding Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Indofood Agri Resources's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Indofood Agri Resources's Days Sales Outstanding falls into.

Indofood Agri Resources 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.

Indofood Agri Resources'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
=	( (76.296	+	48.66)	/	2 )	/	1038.065	*	365
=	62.478					/	1038.065	*	365
=	21.97

Indofood Agri Resources'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (56.826	+	48.66)	/	2 )	/	544.52	*	365 / 2
=	52.743					/	544.52	*	365 / 2
=	17.68

Indofood Agri Resources (OTCPK:INDFY) Days Sales Outstanding Explanation

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

Indofood Agri Resources Days Sales Outstanding Related Terms

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Indofood Agri Resources (Indofood Agri Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Indofood Agri Resources Ltd (OTCPK:INDFY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

5JS:Singapore ZVF:Germany

Address

8 Eu Tong Sen Street, No. 16-96/97 The Central, Singapore, SGP, 059818

Website

http://www.indofoodagri.com

Indofood Agri Resources Ltd is engaged in agribusiness. The principal activities of the firm include research and development, oil palm seed breeding, cultivation of oil palm plantations, production and refining of crude palm oil, sugarcane and industrial timber plantations and, marketing and selling end products. It operates through following segments: Plantations, Edible Oils and Fats and others segment. The Plantations segment develops and maintains oil palm, rubber and sugar cane plantations, and other business activities relating to palm oil, rubber and sugar cane processing, marketing, and selling. The Edible Oils and Fats segment which generates majority revenue produces, markets, and sells edible oil, margarine, shortening, and other related products and its derivative products.

Indofood Agri Resources (Indofood Agri Resources) Headlines

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