GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pangea Natural Foods Inc (OTCPK:PNGAF) » Definitions » Days Sales Outstanding

Pangea Natural Foods (Pangea Natural Foods) Days Sales Outstanding : 448.65 (As of Jan. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Pangea Natural Foods Days Sales Outstanding?

Pangea Natural Foods's average Accounts Receivable for the three months ended in Jan. 2024 was $0.03 Mil. Pangea Natural Foods's Revenue for the three months ended in Jan. 2024 was $0.01 Mil. Hence, Pangea Natural Foods's Days Sales Outstanding for the three months ended in Jan. 2024 was 448.65.

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

PNGAF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.57   Med: 67.72   Max: 397.5
Current: 397.5

During the past 3 years, Pangea Natural Foods's highest Days Sales Outstanding was 397.50. The lowest was 50.57. And the median was 67.72.

PNGAF's Days Sales Outstanding is ranked worse than
98.7% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.25 vs PNGAF: 397.50

Pangea Natural Foods's Days Sales Outstanding increased from Jan. 2023 (103.97) to Jan. 2024 (448.65).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Pangea Natural Foods Days Sales Outstanding Historical Data

The historical data trend for Pangea Natural 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.

* Premium members only.

Pangea Natural Foods Days Sales Outstanding Chart

Pangea Natural Foods Annual Data
Trend Oct21 Oct22 Oct23
Days Sales Outstanding
- 52.94 84.70

Pangea Natural Foods Quarterly Data
Oct21 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only 103.97 194.76 1,306.83 4,608.13 448.65

Competitive Comparison of Pangea Natural Foods's Days Sales Outstanding

For the Packaged Foods subindustry, Pangea Natural 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.

Pangea Natural Foods's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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


Pangea Natural 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.

Pangea Natural Foods's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (0.068 + 0.029) / 2 ) / 0.209*365
=0.0485 / 0.209*365
=84.70

Pangea Natural Foods's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding (Q: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (0.029 + 0.03) / 2 ) / 0.006*365 / 4
=0.0295 / 0.006*365 / 4
=448.65

* 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.

Pangea Natural Foods  (OTCPK:PNGAF) Days Sales Outstanding Explanation

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

Pangea Natural Foods Days Sales Outstanding Related Terms

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

Pangea Natural Foods (Pangea Natural Foods) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pangea Natural Foods Inc (OTCPK:PNGAF) » Definitions » Days Sales Outstanding
Comparable Companies
NEOE:HOTD XCNQ:ELMT XCNQ:CULT TSXV:DLC XCNQ:FIT XCNQ:FUEL XCNQ:MEAT TSXV:VPI TSXV:BGA TSXV:CYF XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF
Traded in Other Exchanges
PNGA:Canada
Address
8035 - 130th Street, Surrey, BC, CAN, V3W 0H7
Website
https://www.pangeafood.com
Pangea Natural Foods Inc engages in the production and sale of plant-based patties. Pangea manufactures the plant-based patties at the Facility in the Vancouver lower mainland and sells the patties through multiple distribution channels including online sales platforms and retailers. The Company currently has one reportable operating segment, the manufacturing and distribution of food products in Canada.