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DTCK (Davis Commodities) Days Sales Outstanding : 33.14 (As of Dec. 2023)


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What is Davis Commodities Days Sales Outstanding?

Davis Commodities's average Accounts Receivable for the six months ended in Dec. 2023 was $16.9 Mil. Davis Commodities's Revenue for the six months ended in Dec. 2023 was $93.0 Mil. Hence, Davis Commodities's Days Sales Outstanding for the six months ended in Dec. 2023 was 33.14.

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

DTCK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.06   Med: 15.66   Max: 24.51
Current: 24.51

During the past 4 years, Davis Commodities's highest Days Sales Outstanding was 24.51. The lowest was 11.06. And the median was 15.66.

DTCK's Days Sales Outstanding is ranked better than
72.24% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 38.93 vs DTCK: 24.51

Davis Commodities's Days Sales Outstanding increased from Dec. 2022 (12.33) to Dec. 2023 (33.14).

Davis Commodities Days Sales Outstanding Historical Data

The historical data trend for Davis Commodities'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.

Davis Commodities Days Sales Outstanding Chart

Davis Commodities Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
11.06 15.84 15.47 19.06

Davis Commodities Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 21.39 20.42 12.33 21.61 33.14

Competitive Comparison of Davis Commodities's Days Sales Outstanding

For the Farm Products subindustry, Davis Commodities'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.

Davis Commodities's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Davis Commodities's Days Sales Outstanding falls into.


Davis Commodities 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.

Davis Commodities'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
=( (4.656 + 15.267) / 2 ) / 190.724*365
=9.9615 / 190.724*365
=19.06

Davis Commodities'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
=( (18.495 + 15.267) / 2 ) / 92.96*365 / 2
=16.881 / 92.96*365 / 2
=33.14

* 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.

Davis Commodities  (NAS:DTCK) Days Sales Outstanding Explanation

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

Davis Commodities Days Sales Outstanding Related Terms

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

Davis Commodities Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Davis Commodities Ltd (NAS:DTCK) » Definitions » Days Sales Outstanding
Comparable Companies
VFF GCEH ALCO SDOT SANW LOCL SHMP TAER AQB SISI ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
10 Bukit Batok Crescent, No. 10-01, The Spire, Singapore, SGP, 658079
Website
Davis Commodities Ltd is an agricultural commodity trading company based in Singapore which specializes in trading of three main categories of agricultural commodities namely sugar, rice, and oil and fat products. It distributes agricultural commodities to various markets, including Asia, Africa and the Middle East. The company also provides customers of commodity offerings with complementary, ancillary services such as warehouse handling and storage and logistics services.