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Suzhou Ovodan Foods Co (BJSE:839371) Days Sales Outstanding : 60.77 (As of Mar. 2024)


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What is Suzhou Ovodan Foods Co Days Sales Outstanding?

Suzhou Ovodan Foods Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥155.3 Mil. Suzhou Ovodan Foods Co's Revenue for the three months ended in Mar. 2024 was ¥233.2 Mil. Hence, Suzhou Ovodan Foods Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 60.77.

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

BJSE:839371' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.46   Med: 67.02   Max: 81.17
Current: 59.63

During the past 10 years, Suzhou Ovodan Foods Co's highest Days Sales Outstanding was 81.17. The lowest was 58.46. And the median was 67.02.

BJSE:839371's Days Sales Outstanding is ranked worse than
75.35% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs BJSE:839371: 59.63

Suzhou Ovodan Foods Co's Days Sales Outstanding declined from Mar. 2023 (61.03) to Mar. 2024 (60.77).


Suzhou Ovodan Foods Co Days Sales Outstanding Historical Data

The historical data trend for Suzhou Ovodan Foods 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.

* Premium members only.

Suzhou Ovodan Foods Co Days Sales Outstanding Chart

Suzhou Ovodan Foods Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.49 81.17 62.32 62.90 58.46

Suzhou Ovodan Foods Co Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.03 58.59 59.75 60.51 60.77

Competitive Comparison of Suzhou Ovodan Foods Co's Days Sales Outstanding

For the Packaged Foods subindustry, Suzhou Ovodan Foods 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.


Suzhou Ovodan Foods Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Suzhou Ovodan Foods Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Suzhou Ovodan Foods Co's Days Sales Outstanding falls into.



Suzhou Ovodan Foods 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Suzhou Ovodan Foods Co'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
=( (151.68 + 159.761) / 2 ) / 972.201*365
=155.7205 / 972.201*365
=58.46

Suzhou Ovodan Foods Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (159.761 + 150.882) / 2 ) / 233.234*365 / 4
=155.3215 / 233.234*365 / 4
=60.77

* 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.


Suzhou Ovodan Foods Co  (BJSE:839371) Days Sales Outstanding Explanation

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


Suzhou Ovodan Foods Co Days Sales Outstanding Related Terms

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Suzhou Ovodan Foods Co (BJSE:839371) Business Description

Traded in Other Exchanges
N/A
Address
No. 386, Jinxian Road, Jinjiaba Community, Fenhu High-tech Industrial Development Zone, Wujiang District, Jiangsu Province, Suzhou City, CHN, 215215
Suzhou Ovodan Foods Co Ltd Research and development, production, and sales of egg liquid, egg powder, and various egg pre-products. It offers Egg Albumen powder products, Egg yolk powder products, and Whole Egg powder products.

Suzhou Ovodan Foods Co (BJSE:839371) Headlines

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