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Farmmi (Farmmi) Days Sales Outstanding : 95.28 (As of Sep. 2023)


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What is Farmmi Days Sales Outstanding?

Farmmi's average Accounts Receivable for the six months ended in Sep. 2023 was $26.0 Mil. Farmmi's Revenue for the six months ended in Sep. 2023 was $49.8 Mil. Hence, Farmmi's Days Sales Outstanding for the six months ended in Sep. 2023 was 95.28.

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

FAMI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.84   Med: 98.36   Max: 188.69
Current: 75.37

During the past 9 years, Farmmi's highest Days Sales Outstanding was 188.69. The lowest was 67.84. And the median was 98.36.

FAMI's Days Sales Outstanding is ranked worse than
84% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs FAMI: 75.37

Farmmi's Days Sales Outstanding increased from Sep. 2022 (56.76) to Sep. 2023 (95.28).


Farmmi Days Sales Outstanding Historical Data

The historical data trend for Farmmi'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.

Farmmi Days Sales Outstanding Chart

Farmmi Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 142.92 156.49 162.45 75.11 67.84

Farmmi Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 Premium Member Only Premium Member Only 156.44 94.49 56.76 65.85 95.28

Competitive Comparison of Farmmi's Days Sales Outstanding

For the Packaged Foods subindustry, Farmmi'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.


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

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

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



Farmmi 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.

Farmmi's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (16.351 + 24.677) / 2 ) / 110.365*365
=20.514 / 110.365*365
=67.84

Farmmi'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
=( (27.342 + 24.677) / 2 ) / 49.818*365 / 2
=26.0095 / 49.818*365 / 2
=95.28

* 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.


Farmmi  (NAS:FAMI) Days Sales Outstanding Explanation

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


Farmmi Days Sales Outstanding Related Terms

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Farmmi (Farmmi) Business Description

Traded in Other Exchanges
N/A
Address
888 Tianning Street, Floor 1, Building No. 1, Liandu District, Zhejiang Province, Lishui, CHN, 323000
Farmmi Inc is a supplier of agricultural products. The products of the company are Shiitake Mushroom, Mu Er Mushroom and other edible fungi and other agricultural products. The majority of products are sold in mainland China.

Farmmi (Farmmi) Headlines

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By PRNewswire PRNewswire 02-14-2023