GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Paradise Inc (OTCPK:PARF) » Definitions » Days Sales Outstanding

Paradise (Paradise) Days Sales Outstanding : 56.88 (As of Jun. 2019)


View and export this data going back to . Start your Free Trial

What is Paradise Days Sales Outstanding?

Paradise's average Accounts Receivable for the three months ended in Jun. 2019 was $0.92 Mil. Paradise's Revenue for the three months ended in Jun. 2019 was $1.47 Mil. Hence, Paradise's Days Sales Outstanding for the three months ended in Jun. 2019 was 56.88.

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

PARF's Days Sales Outstanding is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 39.18
* Ranked among companies with meaningful Days Sales Outstanding only.

Paradise's Days Sales Outstanding declined from Jun. 2018 (60.54) to Jun. 2019 (56.88).


Paradise Days Sales Outstanding Historical Data

The historical data trend for Paradise'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.

Paradise Days Sales Outstanding Chart

Paradise Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.25 40.21 33.71 33.76 35.03

Paradise Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 60.54 37.65 48.44 65.31 56.88

Competitive Comparison of Paradise's Days Sales Outstanding

For the Confectioners subindustry, Paradise'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.


Paradise's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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



Paradise 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.

Paradise's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

Days Sales Outstanding (A: Dec. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )*Days in Period
=( (1.871 + 1.994) / 2 ) / 20.135*365
=1.9325 / 20.135*365
=35.03

Paradise's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding (Q: Jun. 2019 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2019 ) + Accounts Receivable (A: Jun. 2019 )) / count ) / Revenue (A: Jun. 2019 )*Days in Period
=( (0.929 + 0.906) / 2 ) / 1.472*365 / 4
=0.9175 / 1.472*365 / 4
=56.88

* 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.


Paradise  (OTCPK:PARF) Days Sales Outstanding Explanation

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


Paradise Days Sales Outstanding Related Terms

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


Paradise (Paradise) Business Description

Traded in Other Exchanges
N/A
Address
1200 W. Dr. Martin Luther King Jr. Boulevard, Plant City, FL, USA, 33563-5155
Paradise Inc is engaged in producing and selling of candied fruit and molded plastics. Its products are used by commercial and home bakers. It also designs and molds plastic containers for its product line and molded plastics for sale to customers. The operating business segments are Candied Fruit and Molded Plastics. The Candied Fruit segment is engaged in the production of candied fruit, a basic fruitcake ingredient, sold to manufacturing bakers, institutional users, and retailers for use in home baking. The Molded Plastics segment is engaged in the production of plastic containers for the company's products and other molded plastics for sale to unaffiliated customers.

Paradise (Paradise) Headlines

From GuruFocus

Paradise, Inc. Announces Letter to Shareholders

By PRNewswire PRNewswire 07-16-2020

Paradise, Inc. Announces Agreement to Sell Its Fruit Business

By PRNewswire PRNewswire 04-16-2019

Paradise Inc: Cost Containment Has Been Fruitful

By Mark Lin Mark Lin 12-06-2012

Paradise, Inc. Announces Third Distribution to Shareholders

By PRNewswire PRNewswire 09-17-2020

Paradise, Inc. Announces Final Distribution to Shareholders

By PRNewswire PRNewswire 12-16-2021

Strategic Value Investing: Deep-Value Stocks

By Robert Abbott Robert Abbott 09-03-2019