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FGI Industries (FGI Industries) Days Sales Outstanding : 48.34 (As of Dec. 2023)


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What is FGI Industries Days Sales Outstanding?

FGI Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $16.4 Mil. FGI Industries's Revenue for the three months ended in Dec. 2023 was $31.0 Mil. Hence, FGI Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.34.

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

FGI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.82   Med: 45.3   Max: 47.46
Current: 45.77

During the past 5 years, FGI Industries's highest Days Sales Outstanding was 47.46. The lowest was 43.82. And the median was 45.30.

FGI's Days Sales Outstanding is ranked better than
59.48% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.205 vs FGI: 45.77

FGI Industries's Days Sales Outstanding increased from Dec. 2022 (46.61) to Dec. 2023 (48.34).


FGI Industries Days Sales Outstanding Historical Data

The historical data trend for FGI Industries'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.

FGI Industries Days Sales Outstanding Chart

FGI Industries Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
45.30 44.68 43.82 45.87 47.46

FGI Industries Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 46.61 44.35 41.28 47.11 48.34

Competitive Comparison of FGI Industries's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, FGI Industries'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.


FGI Industries's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, FGI Industries's Days Sales Outstanding distribution charts can be found below:

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



FGI Industries 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.

FGI Industries's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (14.296 + 16.196) / 2 ) / 117.242*365
=15.246 / 117.242*365
=47.46

FGI Industries'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (16.603 + 16.196) / 2 ) / 30.957*365 / 4
=16.3995 / 30.957*365 / 4
=48.34

* 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.


FGI Industries  (NAS:FGI) Days Sales Outstanding Explanation

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


FGI Industries Days Sales Outstanding Related Terms

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FGI Industries (FGI Industries) Business Description

Traded in Other Exchanges
N/A
Address
906 Murray Road, East Hanover, NJ, USA, 07869
FGI Industries Ltd is a supplier of kitchen and bath products. It offers sanitaryware, bath furniture, shower systems, customer kitchen cabinetry, and other accessory items. It is business to business supplier of bath and kitchen products to large retail, wholesale, commercial, and specialty channel customers around the globe. its revenue is generated by sanitaryware. Geographically it operates in the United States, Canada, Europe, Rest of the World, and the majority of its revenue comes from the United States.
Executives
Todd M. Heysse director 906 MURRAY ROAD, EAST HANOVER NJ 07869
Myong Jae Chung director 906 MURRAY ROAD, EAST HANOVER NJ 07869
Kellie Z. Weir director 906 MURRAY ROAD, EAST HANOVER NJ 07869
John Shu-nan Chen director, officer: Executive Chairman 906 MURRAY ROAD, EAST HANOVER NJ 07869
David E. Bruce director, officer: Chief Executive Officer 906 MURRAY ROAD, EAST HANOVER NJ 07869
Jennifer Earl officer: Executive VP, Canada 906 MURRAY ROAD, EAST HANOVER NJ 07869
Perry Lin officer: Chief Financial Officer 906 MURRAY ROAD, EAST HANOVER NJ 07869
Robert Kermelewicz officer: Executive VP, United States 906 MURRAY ROAD, EAST HANOVER NJ 07869
Foremost Groups Ltd 10 percent owner 906 MURRAY ROAD, EAST HANOVER NJ 07869
Norman Kroenke officer: Executive VP, Europe 906 MURRAY ROAD, EAST HANOVER NJ 07869