Planet Green Holdings (FRA:A501) Days Sales Outstanding : 183.80 (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Planet Green Holdings Days Sales Outstanding?

Planet Green Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was €2.84 Mil. Planet Green Holdings's Revenue for the three months ended in Mar. 2024 was €1.41 Mil. Hence, Planet Green Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 183.80.

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

FRA:A501' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.49 Med: 93.12 Max: 1088.23
Current: 55.77

During the past 13 years, Planet Green Holdings's highest Days Sales Outstanding was 1088.23. The lowest was 22.49. And the median was 93.12.

FRA:A501's Days Sales Outstanding is ranked worse than
71.54% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs FRA:A501: 55.77

Planet Green Holdings's Days Sales Outstanding increased from Mar. 2023 (35.27) to Mar. 2024 (183.80).

Planet Green Holdings Days Sales Outstanding Historical Data

The historical data trend for Planet Green Holdings'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.

Planet Green Holdings Days Sales Outstanding Chart

Planet Green Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

1,063.45

45.52

22.20

26.82

42.03

Planet Green Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	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															35.27	64.45	60.84	27.81	183.80

Competitive Comparison of Planet Green Holdings's Days Sales Outstanding

For the Packaged Foods subindustry, Planet Green Holdings'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.

Planet Green Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Planet Green Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Planet Green Holdings's Days Sales Outstanding falls into.

Planet Green Holdings 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.

Planet Green Holdings'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
=	( (2.829	+	2.898)	/	2 )	/	24.869	*	365
=	2.8635					/	24.869	*	365
=	42.03

Planet Green Holdings'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
=	( (2.898	+	2.778)	/	2 )	/	1.409	*	365 / 4
=	2.838					/	1.409	*	365 / 4
=	183.80

Planet Green Holdings (FRA:A501) Days Sales Outstanding Explanation

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

Planet Green Holdings Days Sales Outstanding Related Terms

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

Planet Green Holdings (FRA:A501) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Planet Green Holdings Corp (FRA:A501) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PLAG:USA

Address

130-30 31st Avenue, Suite 512, Flushing, NY, USA, 11354

Website

https://www.planetgreenholdings.com

Planet Green Holdings Corp is a diversified technology and consumer products company with a presence in North America and China engaged in Chemical Products, Tea Products, and Online Advertising Services. The company operates in three segments namely to grow, produce and distribute Cyan brick tea, black tea, and green tea in China; to research, develop, manufacture, and sell chemical products including formaldehyde, urea formaldehyde adhesive, methylal, ethanol fuel, fuel additives and clean fuel in China; and to develop and operate a demand-side platform which empowers buyers of advertising to manage and optimize their digital advertising across different real-time bidding networks in North America and China.

Planet Green Holdings (FRA:A501) Headlines

No Headlines