Better Choice Co (Better Choice Co) Days Sales Outstanding : 103.51 (As of Dec. 2023)

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What is Better Choice Co Days Sales Outstanding?

Better Choice Co's average Accounts Receivable for the three months ended in Dec. 2023 was $6.47 Mil. Better Choice Co's Revenue for the three months ended in Dec. 2023 was $5.70 Mil. Hence, Better Choice Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 103.51.

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

BTTR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.8 Med: 45.31 Max: 136.47
Current: 60.11

During the past 13 years, Better Choice Co's highest Days Sales Outstanding was 136.47. The lowest was 44.80. And the median was 45.31.

BTTR's Days Sales Outstanding is ranked worse than
75.22% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.1 vs BTTR: 60.11

Better Choice Co's Days Sales Outstanding increased from Dec. 2022 (80.45) to Dec. 2023 (103.51).

Better Choice Co Days Sales Outstanding Historical Data

The historical data trend for Better Choice 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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Better Choice Co Days Sales Outstanding Chart

Better Choice Co Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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136.47

44.80

45.31

45.19

52.48

Better Choice Co Quarterly Data
	Feb19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															80.45	64.51	52.39	49.96	103.51

Competitive Comparison of Better Choice Co's Days Sales Outstanding

For the Packaged Foods subindustry, Better Choice 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.

Better Choice Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

Better Choice 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.

Better Choice 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
=	( (6.744	+	4.354)	/	2 )	/	38.592	*	365
=	5.549					/	38.592	*	365
=	52.48

Better Choice Co'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
=	( (8.582	+	4.354)	/	2 )	/	5.702	*	365 / 4
=	6.468					/	5.702	*	365 / 4
=	103.51

Better Choice Co (AMEX:BTTR) Days Sales Outstanding Explanation

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

Better Choice Co Days Sales Outstanding Related Terms

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Better Choice Co (Better Choice Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Better Choice Co Inc (AMEX:BTTR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

12400 Race Track Road, Tampa, FL, USA, 33626

Website

https://www.betterchoicecompany.com

Better Choice Co Inc is a pet health and wellness portfolio company, offering consumers a wide variety of recognized premium pet products and hemp-derived CBD supplements. Its portfolio includes kibble and canned dog and cat food, freeze-dried raw dog food and treats, vegan dog food and treats, oral care products, supplements and grooming aids. Its core products sold under the Halo brand are sustainably sourced, derived from real whole meat and no rendered meat meal and include non-GMO fruits and vegetables. Its core products sold under the TruDog brand are made according to nutritional philosophy of fresh, meat-based nutrition and minimal processing. The company manages its entire business in one operating segment.

Executives

Michael Young	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Donald Young	officer: EVP, Sales	12400 RACE TRACK ROAD, TAMPA FL 33626
Robert Sauermann	officer: COO	12400 RACE TRACK ROAD, TAMPA FL 33626
Scott Lerner	officer: CEO	12400 RACE TRACK ROAD, TAMPA FL 33626
Sharla A Cook	officer: CFO	12400 RACE TRACK ROAD, TAMPA FL 33626
Word John M Iii	director, 10 percent owner	12400 RACE TRACK ROAD, TAMPA FL 33626
Lionel F. Conacher	director	C/O DESTINATION XL GROUP, INC., 555 TURNPIKE STREET, CANTON MA 02021
Arlene Dickinson	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Gil Fronzaglia	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Jeff D Davis	director	12400 RACE TRACK ROAD, TAMPA FL 33626
Lori Taylor	director	12400 RACE TRACK ROAD, TAMPA FL 33626
David Richard Lelong	director, 10 percent owner, officer: President	70 WASHINGTON ST., APT. 6K, BROOKLYN NY 11201
Michael S Morrow	director, 10 percent owner, officer: Chairman and President	4791 S KINGS ROW DRIVE APT 23, SALT LAKE CITY X1 84117-5993