GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Seed Co Ltd (XZIM:SEED.ZW) » Definitions » Days Sales Outstanding

Seed Co (XZIM:SEED.ZW) Days Sales Outstanding : 464.56 (As of Sep. 2023)


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

What is Seed Co Days Sales Outstanding?

Seed Co's average Accounts Receivable for the six months ended in Sep. 2023 was ZWL151,993 Mil. Seed Co's Revenue for the six months ended in Sep. 2023 was ZWL59,710 Mil. Hence, Seed Co's Days Sales Outstanding for the six months ended in Sep. 2023 was 464.56.

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

XZIM:SEED.ZW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.85   Med: 84.78   Max: 552.51
Current: 552.51

During the past 8 years, Seed Co's highest Days Sales Outstanding was 552.51. The lowest was 21.85. And the median was 84.78.

XZIM:SEED.ZW's Days Sales Outstanding is ranked worse than
99.15% of 236 companies
in the Agriculture industry
Industry Median: 68.28 vs XZIM:SEED.ZW: 552.51

Seed Co's Days Sales Outstanding increased from Sep. 2022 (87.66) to Sep. 2023 (464.56).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Seed Co Days Sales Outstanding Historical Data

The historical data trend for Seed Co'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.

Seed Co Days Sales Outstanding Chart

Seed Co Annual Data
Trend Mar09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Get a 7-Day Free Trial 77.52 21.85 37.99 30.67 103.35

Seed Co Semi-Annual Data
Mar09 Mar11 Sep11 Mar12 Sep12 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 64.71 29.06 87.66 335.78 464.56

Competitive Comparison of Seed Co's Days Sales Outstanding

For the Agricultural Inputs subindustry, Seed Co'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.


Seed Co's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Seed Co's Days Sales Outstanding distribution charts can be found below:

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



Seed Co 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.

Seed Co's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (2487.179 + 21666.748) / 2 ) / 42653.218*365
=12076.9635 / 42653.218*365
=103.35

Seed Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (21666.748 + 282320) / 2 ) / 59710*365 / 2
=151993.374 / 59710*365 / 2
=464.56

* 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.


Seed Co  (XZIM:SEED.ZW) Days Sales Outstanding Explanation

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


Seed Co Days Sales Outstanding Related Terms

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


Seed Co (XZIM:SEED.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE
Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

Seed Co (XZIM:SEED.ZW) Headlines

No Headlines