Goldfine Manufacturers (BKK:GFM-R) Days Sales Outstanding: 108.69 (As of Sep. 2014) — 44% Above Median


What is Goldfine Manufacturers Days Sales Outstanding?

Goldfine Manufacturers BKK:GFM-R Days Sales Outstanding is 108.69 as of Sep. 2014, which is 44% above its 10-year median of 75.45. The stock has 3 warning signs investors should review.

Goldfine Manufacturers's average Accounts Receivable for the three months ended in Sep. 2014 was ฿353.31 Mil. Goldfine Manufacturers's Revenue for the three months ended in Sep. 2014 was ฿296.62 Mil. Hence, Goldfine Manufacturers's Days Sales Outstanding for the three months ended in Sep. 2014 was 108.69.

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

BKK:GFM-R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.39   Med: 75.45   Max: 115.3
Current: 107.94

During the past 9 years, Goldfine Manufacturers's highest Days Sales Outstanding was 115.30. The lowest was 61.39. And the median was 75.45.

BKK:GFM-R's Days Sales Outstanding is not ranked
in the Retail - Cyclical industry.
Industry Median: 18.72 vs BKK:GFM-R: 107.94

Goldfine Manufacturers's Days Sales Outstanding increased from Sep. 2013 (103.23) to Sep. 2014 (108.69).


Goldfine Manufacturers  (BKK:GFM-R) Days Sales Outstanding Explanation

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


Goldfine Manufacturers Days Sales Outstanding Related Terms


Goldfine Manufacturers Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Goldfine Manufacturers'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.

Goldfine Manufacturers Days Sales Outstanding Chart

Goldfine Manufacturers Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 79.86 67.15 61.28 101.16 114.09

Goldfine Manufacturers Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 103.23 102.06 118.90 113.39 108.69

Goldfine Manufacturers Days Sales Outstanding Competitor Comparison

For the Luxury Goods subindustry, Goldfine Manufacturers'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.


Goldfine Manufacturers Days Sales Outstanding vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Goldfine Manufacturers's Days Sales Outstanding distribution charts can be found below:

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



Goldfine Manufacturers 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.

Goldfine Manufacturers's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as

Days Sales Outstanding (A: Dec. 2013 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2012 ) + Accounts Receivable (A: Dec. 2013 )) / count ) / Revenue (A: Dec. 2013 )*Days in Period
=( (368.838 + 376.765) / 2 ) / 1192.718*365
=372.8015 / 1192.718*365
=114.09

Goldfine Manufacturers's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

Days Sales Outstanding (Q: Sep. 2014 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2014 ) + Accounts Receivable (A: Sep. 2014 )) / count ) / Revenue (A: Sep. 2014 )*Days in Period
=( (355.498 + 351.13) / 2 ) / 296.615*365 / 4
=353.314 / 296.615*365 / 4
=108.69

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 108.69 mean?
Goldfine Manufacturers (BKK:GFM-R) has a Days Sales Outstanding of 108.69 as of Sep. 2014. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Goldfine Manufacturers and its competitors. This is 44% above median its historical median of 75.45. Over the past decade, Goldfine Manufacturers' Days Sales Outstanding has ranged from 61.39 to 115.30.
Is Goldfine Manufacturers' Days Sales Outstanding too high?
Goldfine Manufacturers' current Days Sales Outstanding of 108.69 is 44% above median its 10-year median of 75.45. Over the past 10 years, this metric has ranged from a low of 61.39 to a high of 115.30. The Retail - Cyclical industry median Days Sales Outstanding is 18.72. Goldfine Manufacturers' value of 108.69 is 480.6% above this industry median.
How does Goldfine Manufacturers' Days Sales Outstanding compare to competitors?
Goldfine Manufacturers' Days Sales Outstanding of 108.69 can be compared against companies in the Retail - Cyclical industry. The industry median Days Sales Outstanding is 18.72. Goldfine Manufacturers' value of 108.69 is 480.6% above this benchmark. Historically, Goldfine Manufacturers' own Days Sales Outstanding has ranged from 61.39 to 115.30 over the past decade. While the company's 10-year median is 75.45 vs. the industry median of 18.72, Goldfine Manufacturers has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Retail - Cyclical company?
The median Days Sales Outstanding among Retail - Cyclical companies is 18.72, based on 1,098 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Goldfine Manufacturers's current Days Sales Outstanding of 108.69 is 480.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Goldfine Manufacturers and its competitors. For the Retail - Cyclical industry, the median Days Sales Outstanding is 18.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goldfine Manufacturers's current Days Sales Outstanding is 108.69, which is 44% above median its own 10-year median of 75.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goldfine Manufacturers stock overvalued right now?
Goldfine Manufacturers (BKK:GFM-R) has a current Days Sales Outstanding of 108.69. The current Days Sales Outstanding is 108.69, which is 44% above median its 10-year median of 75.45 and 480.6% above the Retail - Cyclical industry median of 18.72. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Goldfine Manufacturers (BKK:GFM-R), the current Days Sales Outstanding is 108.69 as of Sep. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Goldfine Manufacturers Business Description

Goldfine Manufacturers Public Company Limited was incorporated on 26 September 1989 in Thailand. The Company is a manufacturer, importer and exporter of ornaments and jewelries. It manufactures and exports gold, silver, platinum jewelry sets with diamonds, precious stones, semi-precious stones and others.