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Fanhua (Fanhua) Days Sales Outstanding : 109.19 (As of Sep. 2023)


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What is Fanhua Days Sales Outstanding?

Fanhua's average Accounts Receivable for the three months ended in Sep. 2023 was $104.1 Mil. Fanhua's Revenue for the three months ended in Sep. 2023 was $87.0 Mil. Hence, Fanhua's Days Sales Outstanding for the three months ended in Sep. 2023 was 109.19.

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

FANH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.3   Med: 43.52   Max: 70.69
Current: 70.69

During the past 13 years, Fanhua's highest Days Sales Outstanding was 70.69. The lowest was 32.30. And the median was 43.52.

FANH's Days Sales Outstanding is ranked worse than
58.93% of 56 companies
in the Insurance industry
Industry Median: 58.56 vs FANH: 70.69

Fanhua's Days Sales Outstanding increased from Sep. 2022 (87.96) to Sep. 2023 (109.19).


Fanhua Days Sales Outstanding Historical Data

The historical data trend for Fanhua'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.

Fanhua Days Sales Outstanding Chart

Fanhua Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.01 59.11 57.00 42.69 53.86

Fanhua Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 87.96 57.82 64.24 69.28 109.19

Competitive Comparison of Fanhua's Days Sales Outstanding

For the Insurance Brokers subindustry, Fanhua'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.


Fanhua's Days Sales Outstanding Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Fanhua's Days Sales Outstanding distribution charts can be found below:

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



Fanhua 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.

Fanhua'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
=( (61.283 + 56.457) / 2 ) / 398.986*365
=58.87 / 398.986*365
=53.86

Fanhua'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
=( (127.496 + 80.615) / 2 ) / 86.959*365 / 4
=104.0555 / 86.959*365 / 4
=109.19

* 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.


Fanhua  (NAS:FANH) Days Sales Outstanding Explanation

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


Fanhua Days Sales Outstanding Related Terms

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Fanhua (Fanhua) Business Description

Traded in Other Exchanges
Address
No.15 West Zhujiang Road, 60th Floor, Pearl River Tower, Guangdong, Guangzhou, CHN, 510623
Fanhua Inc is an independent insurance intermediary company operating in China. The company sells insurance product offerings from various insurance companies through their online platforms Lan Zhanggui, Baowang, and eHuzhu. The company's segments include the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and P&C insurance products on behalf of insurance companies; and the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The insurance agency segment contributes to the majority of the revenue. The company generates all of its revenues from China.