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Functional Technologies (TSXV:FEB.H) Days Sales Outstanding : 331.82 (As of Aug. 2012)


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What is Functional Technologies Days Sales Outstanding?

Functional Technologies's average Accounts Receivable for the six months ended in Aug. 2012 was C$0.16 Mil. Functional Technologies's Revenue for the six months ended in Aug. 2012 was C$0.18 Mil. Hence, Functional Technologies's Days Sales Outstanding for the six months ended in Aug. 2012 was 165.91.

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

TSXV:FEB.H's Days Sales Outstanding is not ranked *
in the Biotechnology industry.
Industry Median: 72.67
* Ranked among companies with meaningful Days Sales Outstanding only.

Functional Technologies's Days Sales Outstanding declined from Aug. 2010 (634.78) to Aug. 2012 (331.82).


Functional Technologies Days Sales Outstanding Historical Data

The historical data trend for Functional Technologies'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.

Functional Technologies Days Sales Outstanding Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 634.78 250.26 331.82

Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 634.78 250.26 331.82

Competitive Comparison of Functional Technologies's Days Sales Outstanding

For the Biotechnology subindustry, Functional Technologies'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.


Functional Technologies's Days Sales Outstanding Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Functional Technologies's Days Sales Outstanding distribution charts can be found below:

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



Functional Technologies 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.

Functional Technologies's Days Sales Outstanding for the fiscal year that ended in Aug. 2012 is calculated as

Days Sales Outstanding (A: Aug. 2012 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2011 ) + Accounts Receivable (A: Aug. 2012 )) / count ) / Revenue (A: Aug. 2012 )*Days in Period
=( (0.223 + 0.097) / 2 ) / 0.176*365
=0.16 / 0.176*365
=331.82

Functional Technologies's Days Sales Outstanding for the quarter that ended in Aug. 2012 is calculated as:

Days Sales Outstanding (Q: Aug. 2012 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2011 ) + Accounts Receivable (A: Aug. 2012 )) / count ) / Revenue (A: Aug. 2012 )*Days in Period
=( (0.223 + 0.097) / 2 ) / 0.176*365 / 2
=0.16 / 0.176*365 / 2
=165.91

* 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.


Functional Technologies  (TSXV:FEB.H) Days Sales Outstanding Explanation

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


Functional Technologies Days Sales Outstanding Related Terms

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Functional Technologies (TSXV:FEB.H) Business Description

Traded in Other Exchanges
N/A
Address
Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

Functional Technologies (TSXV:FEB.H) Headlines

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