Ceres Global Ag (Ceres Global Ag) Days Sales Outstanding : 9.29 (As of Dec. 2023)

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What is Ceres Global Ag Days Sales Outstanding?

Ceres Global Ag's average Accounts Receivable for the three months ended in Dec. 2023 was $28.7 Mil. Ceres Global Ag's Revenue for the three months ended in Dec. 2023 was $282.2 Mil. Hence, Ceres Global Ag's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.29.

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

CERGF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.77 Med: 14.29 Max: 17.84
Current: 8.77

During the past 13 years, Ceres Global Ag's highest Days Sales Outstanding was 17.84. The lowest was 8.77. And the median was 14.29.

CERGF's Days Sales Outstanding is ranked better than
70.92% of 306 companies
in the Retail - Defensive industry
Industry Median: 24.22 vs CERGF: 8.77

Ceres Global Ag's Days Sales Outstanding declined from Dec. 2022 (10.60) to Dec. 2023 (9.29).

Ceres Global Ag Days Sales Outstanding Historical Data

The historical data trend for Ceres Global Ag'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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Ceres Global Ag Days Sales Outstanding Chart

Ceres Global Ag Annual Data

Trend

Mar14

Mar15

Mar16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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13.24

14.69

17.00

14.13

12.48

Ceres Global Ag 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															10.60	5.54	8.81	11.89	9.29

Competitive Comparison of Ceres Global Ag's Days Sales Outstanding

For the Food Distribution subindustry, Ceres Global Ag'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.

Ceres Global Ag's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ceres Global Ag's Days Sales Outstanding distribution charts can be found below:

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

Ceres Global Ag 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.

Ceres Global Ag'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
=	( (44.061	+	26.86)	/	2 )	/	1036.703	*	365
=	35.4605					/	1036.703	*	365
=	12.48

Ceres Global Ag'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
=	( (29.412	+	28.022)	/	2 )	/	282.2	*	365 / 4
=	28.717					/	282.2	*	365 / 4
=	9.29

Ceres Global Ag (OTCPK:CERGF) Days Sales Outstanding Explanation

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

Ceres Global Ag Days Sales Outstanding Related Terms

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Ceres Global Ag (Ceres Global Ag) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Ceres Global Ag Corp (OTCPK:CERGF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CRP:Canada

Address

701 Xenia Avenue S., Suite 400, Golden Valley, MN, USA, 55416

Website

https://www.ceresglobalagcorp.com

Ceres Global Ag Corp is engaged in the agricultural, energy, and industrial supply chains through sourcing, storing, transporting, and marketing of commodity-based products and raw materials. It has three operating segments. The Grain segment, which is the key revenue driver, is engaged in grain procurement and merchandising of specialty grains and oilseeds such as oats, barley, rye, hard red spring wheat, durum wheat, canola, and pulses. The Supply Chain Services segment utilizes the corporation's facilities to provide logistics services, storage, and transloading for commodities and industrial products. The Seed and Processing segment is engaged in soybean crush, specialty crops blending, birdfeed production, and seed distribution in Western Canada.