Fan Milk (XGHA:FML) Days Sales Outstanding : 70.82 (As of Dec. 2022)

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What is Fan Milk Days Sales Outstanding?

Fan Milk's average Accounts Receivable for the three months ended in Dec. 2022 was GHS120.1 Mil. Fan Milk's Revenue for the three months ended in Dec. 2022 was GHS154.8 Mil. Hence, Fan Milk's Days Sales Outstanding for the three months ended in Dec. 2022 was 70.82.

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

XGHA:FML's Days Sales Outstanding is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 39.07
* Ranked among companies with meaningful Days Sales Outstanding only.

Fan Milk's Days Sales Outstanding increased from Dec. 2021 (44.45) to Dec. 2022 (70.82).

Fan Milk Days Sales Outstanding Historical Data

The historical data trend for Fan Milk'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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Fan Milk Days Sales Outstanding Chart

Fan Milk Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

5.16

9.30

13.07

17.90

28.34

Fan Milk Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Dec16	Mar17	Dec17	Sep18	Dec18	Sep19	Dec19	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Sales Outstanding	Get a 7-Day Free Trial															44.45	64.74	118.43	144.40	70.82

Competitive Comparison of Fan Milk's Days Sales Outstanding

For the Packaged Foods subindustry, Fan Milk'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.

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

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

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

Fan Milk 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.

Fan Milk's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (28.246	+	55.148)	/	2 )	/	536.938	*	365
=	41.697					/	536.938	*	365
=	28.34

Fan Milk's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (185.052	+	55.148)	/	2 )	/	154.757	*	365 / 4
=	120.1					/	154.757	*	365 / 4
=	70.82

Fan Milk (XGHA:FML) Days Sales Outstanding Explanation

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

Fan Milk Days Sales Outstanding Related Terms

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Fan Milk (XGHA:FML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fan Milk PLC (XGHA:FML) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Airport Commercial Centre, 2nd Floor, Grand Oyeman Building, Accra, GHA

Website

https://www.fanmilk.com

Fan Milk PLC engages in the manufacturing and distribution of dairy products and fruit drinks. The company's milk-based products consist of frozen ice creams, chocolate, and yoghurt that includes FanYogo (yoghurt), FanChoco (chocolate), and FanIce (ice cream). Its fruit-based products include FanDango (fruit drink) and FanPop. It distributes its products through independent distributors and agents. The majority of the revenue is derived from the manufacturing and distribution of dairy products and fruit drinks.

Fan Milk (XGHA:FML) Headlines

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