Hongchang International Co's average Accounts Receivable for the
three
months ended in Dec. 2023 was $0.74 Mil. Hongchang International Co's Revenue for the
three
months ended in Dec. 2023 was $2.60 Mil.
Hence, Hongchang International Co's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 26.10.
The historical rank and industry rank for Hongchang International Co's Days Sales Outstanding or its related term are showing as below:
HCIL'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.8 Med: 32.43 Max: 101.76
Current: 101.76
During the past 13 years, Hongchang International Co's highest Days Sales Outstanding was 101.76. The lowest was 3.80. And the median was 32.43.
HCIL's Days Sales Outstanding is ranked worse than 91.78% of 1838
companies
in the Consumer Packaged Goods industry
Industry Median: 39.07
vs HCIL: 101.76
Hongchang International Co's Days Sales Outstanding
increased
from Dec. 2022 (0.00) to Dec. 2023 (26.10).
Hongchang International Co Days Sales Outstanding Historical Data
The historical data trend for Hongchang International Co'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.
For the Packaged Foods subindustry, Hongchang International Co'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.
Hongchang International Co Days Sales Outstanding Distribution
For the Consumer Packaged Goods industry and Consumer Defensive sector, Hongchang International Co's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Hongchang International Co's Days Sales Outstanding falls into.
Hongchang International Co 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.
* 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.
Hongchang International Co (OTCPK:HCIL) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Hongchang International Co Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Hongchang International Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Hongchang International Co (Hongchang International Co) Business Description
Hongchang International Co Ltd is a company mainly exports frozen fruits and vegetables, aquatic products. we have our own factory and agricultural base to produce fresh fruits, and the contract factory to produce frozen fruits and vegetables. Their products are mainly supplied to the world supermarkets, as well as wholesale in the United States, Southeast Asia, the Middle East, Europe and other countries.
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