Agrify (Agrify) Days Sales Outstanding : 23.88 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Agrify Days Sales Outstanding?

Agrify's average Accounts Receivable for the three months ended in Mar. 2024 was $0.68 Mil. Agrify's Revenue for the three months ended in Mar. 2024 was $2.60 Mil. Hence, Agrify's Days Sales Outstanding for the three months ended in Mar. 2024 was 23.88.

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

AGFY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.01 Med: 30.12 Max: 121.21
Current: 27.21

During the past 6 years, Agrify's highest Days Sales Outstanding was 121.21. The lowest was 24.01. And the median was 30.12.

AGFY's Days Sales Outstanding is ranked better than
91.39% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.51 vs AGFY: 27.21

Agrify's Days Sales Outstanding increased from Mar. 2023 (17.82) to Mar. 2024 (23.88).

Agrify Days Sales Outstanding Historical Data

The historical data trend for Agrify'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.

Agrify Days Sales Outstanding Chart

Agrify Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

121.21

34.26

25.98

24.01

Agrify Quarterly Data
	Dec18	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															17.82	22.92	36.85	37.28	23.88

Competitive Comparison of Agrify's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, Agrify'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.

Agrify's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Agrify's Days Sales Outstanding distribution charts can be found below:

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

Agrify 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.

Agrify'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
=	( (1.07	+	1.149)	/	2 )	/	16.868	*	365
=	1.1095					/	16.868	*	365
=	24.01

Agrify'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
=	( (1.149	+	0.211)	/	2 )	/	2.598	*	365 / 4
=	0.68					/	2.598	*	365 / 4
=	23.88

Agrify (NAS:AGFY) Days Sales Outstanding Explanation

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

Agrify Days Sales Outstanding Related Terms

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

Agrify (Agrify) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Agrify Corp (NAS:AGFY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2468 Industrial Row Drive, Troy, MI, USA, 48084

Website

https://www.agrify.com

Agrify Corp provides hardware and software grow solutions for the indoor agriculture marketplace and provides equipment and solutions for cultivation, extraction, post-processing, and testing for the cannabis and hemp industry. The products offered by the company include Integrated Grow Racks, LED Grow Lights, Hydroponics, and Vertical Farming Units.

Executives

Brian Towns	officer: EVP - Extraction Division	76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Raymond Nobu Chang	director, 10 percent owner, officer: CEO & Chairman of the BOD	C/O AGRIFY CORPORATION, 101 MIDDLESEX TURNPIKE, SUITE 6, PMB 326, BURLINGTON MA 01803
Guichao Hua	director	C/O AGRIFY CORPORATION, 101 MIDDLESEX TURNPIKE, SUITE 6, PMB 326, BURLINGTON MA 01803
Timothy John Hayden	officer: Chief Revenue Officer	76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Christopher J Benyo	officer: Chief Revenue Officer	76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Max Holtzman	director	76 TREBLE COVE ROAD BUILDING 3, BILLERICA MA 01862
Steve Drucker	officer: Chief Information Officer	76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
David Aaron Kessler	officer: Chief Scientific Officer	76 TREBLE COVE RD., BUILDING 3, BILLERICA MA 01862
Leonard J Sokolow	director	REGATTA OFFICE PARK, WINDWARD THREE, 4TH FLOOR, WEST BAY ROAD, P.O. BOX 1114, GRAND CAYMAN E9 E9 KY11102
Stuart Anthony Wilcox	director	1 EAST ARMOUR BOULEVARD, KANSAS CITY MO 10178
Timothy Mahoney	director
Niv Krikov	officer: Chief Financial Officer	15 YOSEF KRONENBERG ST., REHOVOT L3 76662
Timothy Oakes	director	20 HARVARD MILL SQUARE, WAKEFIELD MA 01880
Robert Reed Harrison	officer: Chief Operating Officer	C/O AGRIFY CORPORATION, 101 MIDDLESEX TURNPIKE, SUITE 6, PMB 326, BURLINGTON MA 01803
Thomas L Massie	director	130 NEW BOSTON STREET, WOBURN MA 01801