BG Agro AD Varna (XBUL:BGAG) Days Sales Outstanding : 65.71 (As of Dec. 2023)

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What is BG Agro AD Varna Days Sales Outstanding?

BG Agro AD Varna's average Accounts Receivable for the three months ended in Dec. 2023 was лв9.47 Mil. BG Agro AD Varna's Revenue for the three months ended in Dec. 2023 was лв13.15 Mil. Hence, BG Agro AD Varna's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.71.

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

XBUL:BGAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.12 Med: 20.46 Max: 53.68
Current: 53.68

During the past 13 years, BG Agro AD Varna's highest Days Sales Outstanding was 53.68. The lowest was 10.12. And the median was 20.46.

XBUL:BGAG's Days Sales Outstanding is ranked better than
59.83% of 234 companies
in the Agriculture industry
Industry Median: 69.44 vs XBUL:BGAG: 53.68

BG Agro AD Varna's Days Sales Outstanding increased from Sep. 2022 (35.77) to Dec. 2023 (65.71).

BG Agro AD Varna Days Sales Outstanding Historical Data

The historical data trend for BG Agro AD Varna'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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BG Agro AD Varna Days Sales Outstanding Chart

BG Agro AD Varna Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.60

20.21

17.00

29.54

34.08

BG Agro AD Varna Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															35.77	67.07	17.55	-	65.71

Competitive Comparison of BG Agro AD Varna's Days Sales Outstanding

For the Agricultural Inputs subindustry, BG Agro AD Varna'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.

BG Agro AD Varna's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, BG Agro AD Varna's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where BG Agro AD Varna's Days Sales Outstanding falls into.

BG Agro AD Varna 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.

BG Agro AD Varna'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
=	( (9.483	+	10.715)	/	2 )	/	108.154	*	365
=	10.099					/	108.154	*	365
=	34.08

BG Agro AD Varna'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
=	( (8.227	+	10.715)	/	2 )	/	13.152	*	365 / 4
=	9.471					/	13.152	*	365 / 4
=	65.71

BG Agro AD Varna (XBUL:BGAG) Days Sales Outstanding Explanation

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

BG Agro AD Varna Days Sales Outstanding Related Terms

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BG Agro AD Varna (XBUL:BGAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » BG Agro AD Varna (XBUL:BGAG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

12, Gen Kolev Street, Varna, BGR, 9000

Website

http://www.bgagro.bg

BG Agro AD Varna is a Bulgarian company engaged in wholesale agriculture, distribution of fertilizers and plant protection products, trade, storage, forwarding and transport of agricultural products.

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