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Verde AgriTech (Verde AgriTech) Days Sales Outstanding : 186.97 (As of Dec. 2023)


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What is Verde AgriTech Days Sales Outstanding?

Verde AgriTech's average Accounts Receivable for the three months ended in Dec. 2023 was $10.78 Mil. Verde AgriTech's Revenue for the three months ended in Dec. 2023 was $5.26 Mil. Hence, Verde AgriTech's Days Sales Outstanding for the three months ended in Dec. 2023 was 186.97.

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

VNPKF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.4   Med: 75.07   Max: 202.74
Current: 202.74

During the past 13 years, Verde AgriTech's highest Days Sales Outstanding was 202.74. The lowest was 26.40. And the median was 75.07.

VNPKF's Days Sales Outstanding is ranked worse than
92.34% of 235 companies
in the Agriculture industry
Industry Median: 74.86 vs VNPKF: 202.74

Verde AgriTech's Days Sales Outstanding increased from Dec. 2022 (157.43) to Dec. 2023 (186.97).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Verde AgriTech Days Sales Outstanding Historical Data

The historical data trend for Verde AgriTech'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.

Verde AgriTech Days Sales Outstanding Chart

Verde AgriTech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.27 54.77 101.10 96.83 198.20

Verde AgriTech 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 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 157.43 240.86 206.72 165.49 186.97

Competitive Comparison of Verde AgriTech's Days Sales Outstanding

For the Agricultural Inputs subindustry, Verde AgriTech'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.


Verde AgriTech's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Verde AgriTech's Days Sales Outstanding distribution charts can be found below:

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



Verde AgriTech 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.

Verde AgriTech'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
=( (21.003 + 9.647) / 2 ) / 28.222*365
=15.325 / 28.222*365
=198.20

Verde AgriTech'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
=( (11.913 + 9.647) / 2 ) / 5.261*365 / 4
=10.78 / 5.261*365 / 4
=186.97

* 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.


Verde AgriTech  (OTCPK:VNPKF) Days Sales Outstanding Explanation

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


Verde AgriTech Days Sales Outstanding Related Terms

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


Verde AgriTech (Verde AgriTech) Business Description

Traded in Other Exchanges
Address
105 Cecil Street, No. 15-02, The Octagon, Singapore, SGP, 069534
Verde AgriTech Ltd promotes sustainable and profitable agriculture through the development of its Cerrado Verde Project, from which the company produces solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. The multi-nutrient potassium fertilizer marketed in Brazil under the brand K Forte and internationally as Super Greensand is one of Verde's sustainable products from which the nature-driven technology company helps to improve the soil microbiome.

Verde AgriTech (Verde AgriTech) Headlines

From GuruFocus

VERDE GROWS SALES BY 63% AND REVISES UPWARDS ITS 2021 SALES TARGET

By Business Wire Business Wire 05-17-2021

Cristiano Veloso Acquires Securities of Verde AgriTech Plc

By GlobeNewswire GlobeNewswire 07-13-2020

Verde AgriTech Files Amended Interim Financial Statements and MD&A

By GlobeNewswire GlobeNewswire 11-05-2021

Verde's Q1 2022 Revenue Grows 1,260%

By Business Wire Business Wire 05-11-2022

Verde awarded a 50,000 tons Mining Permit

By GlobeNewswire GlobeNewswire 04-06-2018