National Agriculture Development Co (SAU:6010) Days Sales Outstanding : 48.49 (As of Mar. 2024)

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What is National Agriculture Development Co Days Sales Outstanding?

National Agriculture Development Co's average Accounts Receivable for the three months ended in Mar. 2024 was ﷼456 Mil. National Agriculture Development Co's Revenue for the three months ended in Mar. 2024 was ﷼858 Mil. Hence, National Agriculture Development Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.49.

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

SAU:6010' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.36 Med: 36.55 Max: 56.26
Current: 47.33

During the past 13 years, National Agriculture Development Co's highest Days Sales Outstanding was 56.26. The lowest was 31.36. And the median was 36.55.

SAU:6010's Days Sales Outstanding is ranked worse than
61.53% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SAU:6010: 47.33

National Agriculture Development Co's Days Sales Outstanding increased from Mar. 2023 (43.83) to Mar. 2024 (48.49).

National Agriculture Development Co Days Sales Outstanding Historical Data

The historical data trend for National Agriculture Development 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.

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National Agriculture Development Co Days Sales Outstanding Chart

National Agriculture Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

46.19

38.28

33.75

34.05

34.26

National Agriculture Development Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															43.83	46.50	42.80	41.83	48.49

Competitive Comparison of National Agriculture Development Co's Days Sales Outstanding

For the Packaged Foods subindustry, National Agriculture Development 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.

National Agriculture Development Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

National Agriculture Development 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.

National Agriculture Development Co'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
=	( (296.5	+	303.617)	/	2 )	/	3196.967	*	365
=	300.0585					/	3196.967	*	365
=	34.26

National Agriculture Development Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (303.617	+	607.882)	/	2 )	/	857.581	*	365 / 4
=	455.7495					/	857.581	*	365 / 4
=	48.49

National Agriculture Development Co (SAU:6010) Days Sales Outstanding Explanation

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

National Agriculture Development Co Days Sales Outstanding Related Terms

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National Agriculture Development Co (SAU:6010) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » National Agriculture Development Co (SAU:6010) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 2557, Riyadh, SAU, 11461

Website

https://www.nadec.com

National Agriculture Development Co is engaged in agricultural and livestock production, reclamation of agricultural land, food processing, marketing and distribution of its products. The company operates in two main sectors, namely Manufacturing of Dairy and Foods and the Production of Agricultural Products. It generates maximum revenue from the Dairy and Food segment. Its products include dairy, milk, cheese, juices, desserts, and other related food. Geographically, it derives the vast majority of its revenue from Saudi Arabia.

National Agriculture Development Co (SAU:6010) Headlines

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