Plant Veda Foods (XCNQ:MILK) Days Sales Outstanding : 49.21 (As of Sep. 2023)

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

What is Plant Veda Foods Days Sales Outstanding?

Plant Veda Foods's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.19 Mil. Plant Veda Foods's Revenue for the three months ended in Sep. 2023 was C$0.36 Mil. Hence, Plant Veda Foods's Days Sales Outstanding for the three months ended in Sep. 2023 was 49.21.

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

XCNQ:MILK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.21 Med: 75.57 Max: 124.62
Current: 53.98

During the past 3 years, Plant Veda Foods's highest Days Sales Outstanding was 124.62. The lowest was 40.21. And the median was 75.57.

XCNQ:MILK's Days Sales Outstanding is ranked worse than
70.91% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.175 vs XCNQ:MILK: 53.98

Plant Veda Foods's Days Sales Outstanding declined from Sep. 2022 (60.26) to Sep. 2023 (49.21).

Plant Veda Foods Days Sales Outstanding Historical Data

The historical data trend for Plant Veda Foods'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.

Plant Veda Foods Days Sales Outstanding Chart

Plant Veda Foods Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

40.21

75.57

124.62

Plant Veda Foods Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial									60.26	93.68	66.00	52.34	49.21

Competitive Comparison of Plant Veda Foods's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Plant Veda Foods'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.

Plant Veda Foods's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Plant Veda Foods's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Plant Veda Foods's Days Sales Outstanding falls into.

Plant Veda Foods 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.

Plant Veda Foods's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.081	+	0.13)	/	2 )	/	0.309	*	365
=	0.1055					/	0.309	*	365
=	124.62

Plant Veda Foods's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.232	+	0.152)	/	2 )	/	0.356	*	365 / 4
=	0.192					/	0.356	*	365 / 4
=	49.21

Plant Veda Foods (XCNQ:MILK) Days Sales Outstanding Explanation

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

Plant Veda Foods Days Sales Outstanding Related Terms

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

Plant Veda Foods (XCNQ:MILK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Plant Veda Foods Ltd (XCNQ:MILK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PLVFF:USA 5RU:Germany

Address

14640 64 Avenue, Unit 313, Surrey, BC, CAN, V3S1X7

Website

https://www.plantveda.com

Plant Veda Foods Ltd offers plant-based beverages that blend natural products such as cashew, oats, coconut, pistachio, mango, pea protein, herbs and spices, and maple syrup to deliver dairy alternatives that stand out for their diverse nutritional profile and complexity of flavour.

Plant Veda Foods (XCNQ:MILK) Headlines

No Headlines