Rare Foods Australia (ASX:RFA) Days Sales Outstanding : 35.14 (As of Dec. 2023)

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What is Rare Foods Australia Days Sales Outstanding?

Rare Foods Australia's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.54 Mil. Rare Foods Australia's Revenue for the six months ended in Dec. 2023 was A$2.81 Mil. Hence, Rare Foods Australia's Days Sales Outstanding for the six months ended in Dec. 2023 was 35.14.

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

ASX:RFA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.11 Med: 11.37 Max: 55.56
Current: 55.56

During the past 6 years, Rare Foods Australia's highest Days Sales Outstanding was 55.56. The lowest was 7.11. And the median was 11.37.

ASX:RFA's Days Sales Outstanding is ranked worse than
71.18% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs ASX:RFA: 55.56

Rare Foods Australia's Days Sales Outstanding declined from Dec. 2022 (46.97) to Dec. 2023 (35.14).

Rare Foods Australia Days Sales Outstanding Historical Data

The historical data trend for Rare Foods Australia'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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Rare Foods Australia Days Sales Outstanding Chart

Rare Foods Australia Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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18.25

19.26

9.11

13.59

9.15

Rare Foods Australia Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								53.84	53.65	46.97	53.85	35.14

Competitive Comparison of Rare Foods Australia's Days Sales Outstanding

For the Farm Products subindustry, Rare Foods Australia'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.

Rare Foods Australia's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Rare Foods Australia's Days Sales Outstanding falls into.

Rare Foods Australia 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.

Rare Foods Australia's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.133	+	0.146)	/	2 )	/	5.562	*	365
=	0.1395					/	5.562	*	365
=	9.15

Rare Foods Australia's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.146	+	0.936)	/	2 )	/	2.81	*	365 / 2
=	0.541					/	2.81	*	365 / 2
=	35.14

Rare Foods Australia (ASX:RFA) Days Sales Outstanding Explanation

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

Rare Foods Australia Days Sales Outstanding Related Terms

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

Rare Foods Australia (ASX:RFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Rare Foods Australia Ltd (ASX:RFA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Leeuwin Road, Lot 331 Augusta Boat Harbour, Augusta, WA, AUS, 6290

Website

https://www.rarefoodsaustralia.com.au

Rare Foods Australia Ltd is a commercial greenlip abalone sea ranching business in the waters of Flinders Bay, West Australia. Its products include Live Greenlip Abalone, Whole in Shell, Individual Quick Frozen, Gift Packs, Canned, Natural & Polished Shells. The group operates only in Australia.

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