Fred's (STU:FR1A) Days Sales Outstanding : 6.56 (As of Apr. 2019)

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What is Fred's Days Sales Outstanding?

Fred's's average Accounts Receivable for the three months ended in Apr. 2019 was €20 Mil. Fred's's Revenue for the three months ended in Apr. 2019 was €284 Mil. Hence, Fred's's Days Sales Outstanding for the three months ended in Apr. 2019 was 6.56.

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

STU:FR1A's Days Sales Outstanding is not ranked ^*
in the Retail - Defensive industry.
Industry Median: 23.7
* Ranked among companies with meaningful Days Sales Outstanding only.

Fred's's Days Sales Outstanding declined from Apr. 2018 (9.77) to Apr. 2019 (6.56).

Fred's Days Sales Outstanding Historical Data

The historical data trend for Fred'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.

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Fred's Days Sales Outstanding Chart

Fred's Annual Data

Trend

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Days Sales Outstanding

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6.61

8.62

8.92

10.94

8.36

Fred's Quarterly Data
	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Apr20
Days Sales Outstanding	Get a 7-Day Free Trial															7.45	10.98	9.06	6.56	-

Competitive Comparison of Fred's's Days Sales Outstanding

For the Discount Stores subindustry, Fred'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.

Fred's's Days Sales Outstanding Distribution in the Retail - Defensive Industry

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

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

Fred'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.

Accounts Receivable can be measured by Days Sales Outstanding.

Fred's's Days Sales Outstanding for the fiscal year that ended in Jan. 2019 is calculated as

	Days Sales Outstanding (A: Jan. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2018 )	+	Accounts Receivable (A: Jan. 2019 ))	/	count )	/	Revenue (A: Jan. 2019 )	*	Days in Period
=	( (30.93	+	20.122)	/	2 )	/	1114.049	*	365
=	25.526					/	1114.049	*	365
=	8.36

Fred's's Days Sales Outstanding for the quarter that ended in Apr. 2019 is calculated as:

	Days Sales Outstanding (Q: Apr. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2019 )	+	Accounts Receivable (A: Apr. 2019 ))	/	count )	/	Revenue (A: Apr. 2019 )	*	Days in Period
=	( (20.122	+	20.686)	/	2 )	/	283.866	*	365 / 4
=	20.404					/	283.866	*	365 / 4
=	6.56

Fred's (STU:FR1A) Days Sales Outstanding Explanation

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

Fred's Days Sales Outstanding Related Terms

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Fred's (STU:FR1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fred's Inc (STU:FR1A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 New Getwell Road, Memphis, TN, USA, 38118

Website

http://www.fredsinc.com

Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake in Reeves-Sain Drug Store. The company generates revenue from merchandise sales and franchise fee from franchisees. It also sells gift cards. The company conducts operation primarily in the southeast of the United States.

Fred's (STU:FR1A) Headlines

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