Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Days Sales Outstanding : 8.49 (As of Dec. 2023)

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What is Tingyi (Cayman Islands) Holding Days Sales Outstanding?

Tingyi (Cayman Islands) Holding's average Accounts Receivable for the six months ended in Dec. 2023 was $257 Mil. Tingyi (Cayman Islands) Holding's Revenue for the six months ended in Dec. 2023 was $5,534 Mil. Hence, Tingyi (Cayman Islands) Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 8.49.

The historical rank and industry rank for Tingyi (Cayman Islands) Holding's Days Sales Outstanding or its related term are showing as below:

TCYMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.24 Med: 9.42 Max: 10.55
Current: 8.36

During the past 13 years, Tingyi (Cayman Islands) Holding's highest Days Sales Outstanding was 10.55. The lowest was 8.24. And the median was 9.42.

TCYMF's Days Sales Outstanding is ranked better than
92.34% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.085 vs TCYMF: 8.36

Tingyi (Cayman Islands) Holding's Days Sales Outstanding declined from Dec. 2022 (9.46) to Dec. 2023 (8.49).

Tingyi (Cayman Islands) Holding Days Sales Outstanding Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding Days Sales Outstanding Chart

Tingyi (Cayman Islands) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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10.06

8.68

9.02

9.38

7.79

Tingyi (Cayman Islands) Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															9.76	10.61	9.46	8.83	8.49

Competitive Comparison of Tingyi (Cayman Islands) Holding's Days Sales Outstanding

For the Packaged Foods subindustry, Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tingyi (Cayman Islands) Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Tingyi (Cayman Islands) Holding's Days Sales Outstanding falls into.

Tingyi (Cayman Islands) Holding 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.

Tingyi (Cayman Islands) Holding'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
=	( (259.374	+	221.28)	/	2 )	/	11262.72	*	365
=	240.327					/	11262.72	*	365
=	7.79

Tingyi (Cayman Islands) Holding'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (293.569	+	221.28)	/	2 )	/	5533.545	*	365 / 2
=	257.4245					/	5533.545	*	365 / 2
=	8.49

Tingyi (Cayman Islands) Holding (OTCPK:TCYMF) Days Sales Outstanding Explanation

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

Tingyi (Cayman Islands) Holding Days Sales Outstanding Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (OTCPK:TCYMF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

TYCMY:USA 910322:Taiwan 00322:Hong Kong TYG:Germany TYG:Germany

Address

No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103

Website

https://www.masterkong.com.cn

Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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