Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Days Sales Outstanding : 66.60 (As of Dec. 2023)

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What is Cia de Fiacao e Tecidos Cedro e Cachoeira Days Sales Outstanding?

Cia de Fiacao e Tecidos Cedro e Cachoeira's average Accounts Receivable for the three months ended in Dec. 2023 was R$160 Mil. Cia de Fiacao e Tecidos Cedro e Cachoeira's Revenue for the three months ended in Dec. 2023 was R$219 Mil. Hence, Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding for the three months ended in Dec. 2023 was 66.60.

The historical rank and industry rank for Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding or its related term are showing as below:

BSP:CEDO4' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.87 Med: 73.61 Max: 94.97
Current: 59.38

During the past 13 years, Cia de Fiacao e Tecidos Cedro e Cachoeira's highest Days Sales Outstanding was 94.97. The lowest was 52.87. And the median was 73.61.

BSP:CEDO4's Days Sales Outstanding is ranked worse than
56.98% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.675 vs BSP:CEDO4: 59.38

Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding declined from Dec. 2022 (73.52) to Dec. 2023 (66.60).

Cia de Fiacao e Tecidos Cedro e Cachoeira Days Sales Outstanding Historical Data

The historical data trend for Cia de Fiacao e Tecidos Cedro e Cachoeira'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.

Cia de Fiacao e Tecidos Cedro e Cachoeira Days Sales Outstanding Chart

Cia de Fiacao e Tecidos Cedro e Cachoeira Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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79.20

75.24

52.87

53.21

54.35

Cia de Fiacao e Tecidos Cedro e Cachoeira 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															73.52	63.67	57.06	57.16	66.60

Competitive Comparison of Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding

For the Textile Manufacturing subindustry, Cia de Fiacao e Tecidos Cedro e Cachoeira'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.

Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cia de Fiacao e Tecidos Cedro e Cachoeira's Days Sales Outstanding falls into.

Cia de Fiacao e Tecidos Cedro e Cachoeira 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.

Cia de Fiacao e Tecidos Cedro e Cachoeira'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
=	( (196.743	+	135.431)	/	2 )	/	1115.439	*	365
=	166.087					/	1115.439	*	365
=	54.35

Cia de Fiacao e Tecidos Cedro e Cachoeira'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
=	( (183.88	+	135.431)	/	2 )	/	218.755	*	365 / 4
=	159.6555					/	218.755	*	365 / 4
=	66.60

Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Days Sales Outstanding Explanation

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

Cia de Fiacao e Tecidos Cedro e Cachoeira Days Sales Outstanding Related Terms

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Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

CEDO3:Brazil

Address

R Paraiba 337, Belo Horizonte, MG, BRA, 30130140

Website

http://www.cedro.ind.br

Cia de Fiacao e Tecidos Cedro e Cachoeira is engaged in the textile industry. It produces and markets garment products such as fashionable clothing, professional uniforms, accessories and personal protective equipment, among others.

Cia de Fiacao e Tecidos Cedro e Cachoeira (BSP:CEDO4) Headlines

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