Reed's's average Accounts Receivable for the
three
months ended in Sep. 2024 was $4.03 Mil. Reed's's Revenue for the
three
months ended in Sep. 2024 was $6.75 Mil.
Hence, Reed's's Days Sales Outstanding for the
three
months ended in Sep. 2024 was 54.51.
The historical rank and industry rank for Reed's's Days Sales Outstanding or its related term are showing as below:
REED'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.51 Med: 25.39 Max: 42.69
Current: 39.09
During the past 13 years, Reed's's highest Days Sales Outstanding was 42.69. The lowest was 19.51. And the median was 25.39.
REED's Days Sales Outstanding is ranked better than 60.91% of 110
companies
in the Beverages - Non-Alcoholic industry
Industry Median: 44.475
vs REED: 39.09
Reed's's Days Sales Outstanding
increased
from Sep. 2023 (34.64) to Sep. 2024 (54.51).
Reed's Days Sales Outstanding Historical Data
The historical data trend for Reed's'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.
Competitive Comparison of Reed's's Days Sales Outstanding
For the Beverages - Non-Alcoholic subindustry, Reed's'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.
Reed's's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Reed's's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Reed's's Days Sales Outstanding falls into.
Reed's 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.
* 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.
Reed's (OTCPK:REED) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Reed's Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Reed's's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Reed's Inc sells Ginger Beer brand. The company's portfolio of handcrafted, all natural beverages is sold in over 45,000 outlets nationwide including the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores, and on-premise locations including bars and restaurants. The company's two core brands are Reed's, which includes Reed's Craft Ginger Beer, Reed's Real Ginger Ale, Reed's Mules, and Reed's Hard Ginger Ale; and Virgil's Handcrafted sodas.
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