Ag Growth International (TSX:AFN) Days Sales Outstanding : 76.63 (As of Mar. 2024)

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What is Ag Growth International Days Sales Outstanding?

Ag Growth International's average Accounts Receivable for the three months ended in Mar. 2024 was C$264 Mil. Ag Growth International's Revenue for the three months ended in Mar. 2024 was C$315 Mil. Hence, Ag Growth International's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.63.

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

TSX:AFN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.54 Med: 56.27 Max: 70.64
Current: 65.96

During the past 13 years, Ag Growth International's highest Days Sales Outstanding was 70.64. The lowest was 43.54. And the median was 56.27.

TSX:AFN's Days Sales Outstanding is ranked better than
56.46% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs TSX:AFN: 65.96

Ag Growth International's Days Sales Outstanding increased from Mar. 2023 (60.01) to Mar. 2024 (76.63).

Ag Growth International Days Sales Outstanding Historical Data

The historical data trend for Ag Growth 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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Ag Growth International Days Sales Outstanding Chart

Ag Growth International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.39

61.83

58.26

53.46

58.15

Ag Growth International Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															60.01	60.98	65.22	68.05	76.63

Competitive Comparison of Ag Growth International's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Ag Growth 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.

Ag Growth International's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

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

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

Ag Growth 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.

Ag Growth 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
=	( (220.861	+	265.604)	/	2 )	/	1526.669	*	365
=	243.2325					/	1526.669	*	365
=	58.15

Ag Growth International's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (265.604	+	262.788)	/	2 )	/	314.596	*	365 / 4
=	264.196					/	314.596	*	365 / 4
=	76.63

Ag Growth International (TSX:AFN) Days Sales Outstanding Explanation

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

Ag Growth International Days Sales Outstanding Related Terms

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Ag Growth International (TSX:AFN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Ag Growth International Inc (TSX:AFN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AGGZF:USA 7AG:Germany

Address

198 Commerce Drive, Winnipeg, MB, CAN, R3P 0Z6

Website

https://www.aggrowth.com

Ag Growth International Inc manufactures portable and stationary grain handling, storage, and conditioning equipment, including augers, belt conveyors, grain storage bins, grain handling accessories, grain aeration equipment, and grain drying systems. The company operates mainly in Portable handling, permanent handling, storage and conditioning, livestock, and manufacturing sectors. It has two reportable segment farm and commercial. Some of its brands are batco, wheatheart, westfield, storm, rem, hi roller, union iron, hsi, tramco, ptm, vis, nuvision. It has manufacturing facilities in Canada, the United States, Italy, Brazil, France, United Kingdom, and India. Its geographical segments are Canada, United States, and the International.

Ag Growth International (TSX:AFN) Headlines

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