Edible Garden AG (Edible Garden AG) Days Sales Outstanding : 28.73 (As of Dec. 2023)

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What is Edible Garden AG Days Sales Outstanding?

Edible Garden AG's average Accounts Receivable for the three months ended in Dec. 2023 was $1.29 Mil. Edible Garden AG's Revenue for the three months ended in Dec. 2023 was $4.08 Mil. Hence, Edible Garden AG's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.73.

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

EDBL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.25 Med: 29.57 Max: 31.21
Current: 31.21

During the past 4 years, Edible Garden AG's highest Days Sales Outstanding was 31.21. The lowest was 24.25. And the median was 29.57.

EDBL's Days Sales Outstanding is ranked better than
62.02% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs EDBL: 31.21

Edible Garden AG's Days Sales Outstanding increased from Dec. 2022 (28.52) to Dec. 2023 (28.73).

Edible Garden AG Days Sales Outstanding Historical Data

The historical data trend for Edible Garden AG'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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Edible Garden AG Days Sales Outstanding Chart

Edible Garden AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

24.25

29.57

30.58

Edible Garden AG Quarterly Data
	Mar20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									28.52	37.08	25.17	38.31	28.73

Competitive Comparison of Edible Garden AG's Days Sales Outstanding

For the Farm Products subindustry, Edible Garden AG'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.

Edible Garden AG's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Edible Garden AG's Days Sales Outstanding falls into.

Edible Garden AG 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.

Edible Garden AG'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
=	( (1.105	+	1.249)	/	2 )	/	14.049	*	365
=	1.177					/	14.049	*	365
=	30.58

Edible Garden AG'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
=	( (1.323	+	1.249)	/	2 )	/	4.084	*	365 / 4
=	1.286					/	4.084	*	365 / 4
=	28.73

Edible Garden AG (NAS:EDBL) Days Sales Outstanding Explanation

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

Edible Garden AG Days Sales Outstanding Related Terms

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Edible Garden AG (Edible Garden AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Edible Garden AG Inc (NAS:EDBL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

283 County Road 519, Belvidere, NJ, USA, 07823

Website

https://www.ediblegarden.com

Edible Garden AG Inc is a next generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.

Executives

Pamela Donaroma	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
James E. Kras	director, 10 percent owner, officer: President and CEO	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Deborah Pawlowski	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Michael C James	director, 10 percent owner, officer: Chief Financial Officer	2040 MAIN STREET, SUITE 225, IRVINE CA 92614
Tracy A. Nazzaro	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Ryan L. Rogers	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823
Mathew J. Mcconnell	director	C/O EDIBLE GARDEN AG INCORPORATED, 283 COUNTY ROAD 519, BELVIDERE NJ 07823