Natural Food International Holding (HKSE:01837) Days Sales Outstanding : 37.15 (As of Dec. 2023)

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What is Natural Food International Holding Days Sales Outstanding?

Natural Food International Holding's average Accounts Receivable for the six months ended in Dec. 2023 was HK$216 Mil. Natural Food International Holding's Revenue for the six months ended in Dec. 2023 was HK$1,063 Mil. Hence, Natural Food International Holding's Days Sales Outstanding for the six months ended in Dec. 2023 was 37.15.

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

HKSE:01837' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.93 Med: 41.03 Max: 47.44
Current: 39.25

During the past 9 years, Natural Food International Holding's highest Days Sales Outstanding was 47.44. The lowest was 34.93. And the median was 41.03.

HKSE:01837's Days Sales Outstanding is ranked worse than
50.11% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs HKSE:01837: 39.25

Natural Food International Holding's Days Sales Outstanding declined from Dec. 2022 (43.49) to Dec. 2023 (37.15).

Natural Food International Holding Days Sales Outstanding Historical Data

The historical data trend for Natural Food International 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.

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Natural Food International Holding Days Sales Outstanding Chart

Natural Food International Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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47.44

46.89

37.92

41.03

41.11

Natural Food International Holding Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											31.03	42.81	43.49	39.61	37.15

Competitive Comparison of Natural Food International Holding's Days Sales Outstanding

For the Packaged Foods subindustry, Natural Food International 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.

Natural Food International Holding's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Natural Food International Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Natural Food International Holding's Days Sales Outstanding falls into.

Natural Food International 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.

Natural Food International 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
=	( (218.524	+	236.122)	/	2 )	/	2018.323	*	365
=	227.323					/	2018.323	*	365
=	41.11

Natural Food International 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
=	( (196.397	+	236.122)	/	2 )	/	1062.521	*	365 / 2
=	216.2595					/	1062.521	*	365 / 2
=	37.15

Natural Food International Holding (HKSE:01837) Days Sales Outstanding Explanation

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

Natural Food International Holding Days Sales Outstanding Related Terms

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Natural Food International Holding (HKSE:01837) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Natural Food International Holding Ltd (HKSE:01837) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Yuehei Street, No. 8 Haitian 1st Road, 7th Floor, West Tower, Baidu International Building, Binhai Community, Nanshan District, Shenzhen, CHN

Website

http://www.szwgmf.com

Natural Food International Holding Ltd is a natural health food company. Along with its subsidiaries, the company is engaged in processing and selling natural health food in the People's Republic of China. The group sells its products through an extensive network of offline concessionary counters as well as online channels, including e-commerce platforms and self-operated WeChat member stores, of which the majority of revenue is derived through sales made by offline channels. Geographically, the company generates a majority of its revenue from the People's Republic of China.

Natural Food International Holding (HKSE:01837) Headlines

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