Farm Pride Foods (ASX:FRM) Days Sales Outstanding : 31.71 (As of Dec. 2023)

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What is Farm Pride Foods Days Sales Outstanding?

Farm Pride Foods's average Accounts Receivable for the six months ended in Dec. 2023 was A$8.37 Mil. Farm Pride Foods's Revenue for the six months ended in Dec. 2023 was A$48.16 Mil. Hence, Farm Pride Foods's Days Sales Outstanding for the six months ended in Dec. 2023 was 31.71.

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

ASX:FRM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.07 Med: 32.66 Max: 36.26
Current: 35.08

During the past 13 years, Farm Pride Foods's highest Days Sales Outstanding was 36.26. The lowest was 30.07. And the median was 32.66.

ASX:FRM's Days Sales Outstanding is ranked better than
56.12% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs ASX:FRM: 35.08

Farm Pride Foods's Days Sales Outstanding declined from Dec. 2022 (41.72) to Dec. 2023 (31.71).

Farm Pride Foods Days Sales Outstanding Historical Data

The historical data trend for Farm Pride Foods'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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Farm Pride Foods Days Sales Outstanding Chart

Farm Pride Foods Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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32.98

30.07

31.79

32.34

34.39

Farm Pride Foods 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	Get a 7-Day Free Trial															17.26	1,975.49	41.72	37.12	31.71

Competitive Comparison of Farm Pride Foods's Days Sales Outstanding

For the Farm Products subindustry, Farm Pride Foods'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.

Farm Pride Foods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Farm Pride Foods's Days Sales Outstanding falls into.

Farm Pride Foods 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.

Farm Pride Foods's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (7.465	+	8.133)	/	2 )	/	82.781	*	365
=	7.799					/	82.781	*	365
=	34.39

Farm Pride Foods'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
=	( (8.133	+	8.605)	/	2 )	/	48.162	*	365 / 2
=	8.369					/	48.162	*	365 / 2
=	31.71

Farm Pride Foods (ASX:FRM) Days Sales Outstanding Explanation

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

Farm Pride Foods Days Sales Outstanding Related Terms

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

Farm Pride Foods (ASX:FRM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farm Pride Foods Ltd (ASX:FRM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

551 Chandler Road, Keysborough, VIC, AUS, 3173

Website

https://www.farmpride.com.au

Farm Pride Foods Ltd is engaged in the production, processing, manufacturing, and sale of egg and egg products. It grades, packs, processes, supplies, and markets shell eggs and processed egg products within Australia, and exports to Asia. Egg varieties include freshly laid cage eggs, barn-laid eggs, and free-range egg varieties.

Farm Pride Foods (ASX:FRM) Headlines

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