RIDYF (Ridley) Days Sales Outstanding : 40.24 (As of Jun. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Ridley Days Sales Outstanding?

Ridley's average Accounts Receivable for the six months ended in Jun. 2024 was $91.5 Mil. Ridley's Revenue for the six months ended in Jun. 2024 was $415.1 Mil. Hence, Ridley's Days Sales Outstanding for the six months ended in Jun. 2024 was 40.24.

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

RIDYF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.23 Med: 39.74 Max: 43.8
Current: 38.21

During the past 13 years, Ridley's highest Days Sales Outstanding was 43.80. The lowest was 36.23. And the median was 39.74.

RIDYF's Days Sales Outstanding is ranked better than
50.96% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 38.855 vs RIDYF: 38.21

Ridley's Days Sales Outstanding increased from Jun. 2023 (39.23) to Jun. 2024 (40.24).

Ridley Days Sales Outstanding Historical Data

The historical data trend for Ridley'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.

Ridley Days Sales Outstanding Chart

Ridley Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

Get a 7-Day Free Trial

39.83

39.57

42.85

37.10

36.94

Ridley Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															41.31	39.75	39.23	37.89	40.24

Competitive Comparison of Ridley's Days Sales Outstanding

For the Packaged Foods subindustry, Ridley'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.

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

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

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

Ridley 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.

Ridley's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

	Days Sales Outstanding (A: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (81.983	+	87.762)	/	2 )	/	838.577	*	365
=	84.8725					/	838.577	*	365
=	36.94

Ridley's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (95.271	+	87.762)	/	2 )	/	415.08	*	365 / 2
=	91.5165					/	415.08	*	365 / 2
=	40.24

Ridley (OTCPK:RIDYF) Days Sales Outstanding Explanation

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

Ridley Days Sales Outstanding Related Terms

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

Ridley Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Ridley Corp Ltd (OTCPK:RIDYF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RI6:Germany RIC:Australia

Address

565 Bourke Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.ridley.com.au

Ridley Corp Ltd engages in the production and marketing of stock feed and animal feed supplements. The company's operating segments include Bulk Stockfeeds and Packaged Feeds and Ingredients. The Bulk Stockfeeds segment comprises the Group's animal nutrition stockfeed solutions delivered in bulk. This includes monogastric and ruminant feeds, such as pellets, meals, concentrates, and premixes for poultry, pigs, dairy cattle, beef cattle, and sheep. Packaged Feeds and Ingredients segment comprises the Group's animal nutrition feed and ingredient solutions delivered in packaged form. This includes bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; and aquafeed. It generates the majority of its revenue from the Bulk Stockfeeds segment.

Ridley Headlines

From GuruFocus

Half Year 2024 Ridley Corporation Ltd Earnings Call Transcript

By GuruFocus Research • 02-14-2024