Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Days Sales Outstanding : 19.19 (As of Dec. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Nine Dragons Paper (Holdings) Days Sales Outstanding?

Nine Dragons Paper (Holdings)'s average Accounts Receivable for the six months ended in Dec. 2023 was $451 Mil. Nine Dragons Paper (Holdings)'s Revenue for the six months ended in Dec. 2023 was $4,287 Mil. Hence, Nine Dragons Paper (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 19.19.

The historical rank and industry rank for Nine Dragons Paper (Holdings)'s Days Sales Outstanding or its related term are showing as below:

NDGPY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 20.1 Med: 24.06 Max: 26.78
Current: 21.94

During the past 13 years, Nine Dragons Paper (Holdings)'s highest Days Sales Outstanding was 26.78. The lowest was 20.10. And the median was 24.06.

NDGPY's Days Sales Outstanding is ranked better than
90.91% of 286 companies
in the Forest Products industry
Industry Median: 54.49 vs NDGPY: 21.94

Nine Dragons Paper (Holdings)'s Days Sales Outstanding declined from Dec. 2022 (21.76) to Dec. 2023 (19.19).

Nine Dragons Paper (Holdings) Days Sales Outstanding Historical Data

The historical data trend for Nine Dragons Paper (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.

Nine Dragons Paper (Holdings) Days Sales Outstanding Chart

Nine Dragons Paper (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

Get a 7-Day Free Trial

24.03

21.80

20.12

21.83

22.60

Nine Dragons Paper (Holdings) 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															19.70	22.67	21.76	24.26	19.19

Competitive Comparison of Nine Dragons Paper (Holdings)'s Days Sales Outstanding

For the Paper & Paper Products subindustry, Nine Dragons Paper (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.

Nine Dragons Paper (Holdings)'s Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Nine Dragons Paper (Holdings)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nine Dragons Paper (Holdings)'s Days Sales Outstanding falls into.

Nine Dragons Paper (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.

Nine Dragons Paper (Holdings)'s Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (550.089	+	430.975)	/	2 )	/	7922.954	*	365
=	490.532					/	7922.954	*	365
=	22.60

Nine Dragons Paper (Holdings)'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
=	( (430.975	+	470.582)	/	2 )	/	4287.167	*	365 / 2
=	450.7785					/	4287.167	*	365 / 2
=	19.19

Nine Dragons Paper (Holdings) (OTCPK:NDGPY) Days Sales Outstanding Explanation

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

Nine Dragons Paper (Holdings) Days Sales Outstanding Related Terms

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

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Nine Dragons Paper (Holdings) Ltd (OTCPK:NDGPY) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

NDGPF:USA 02689:Hong Kong N3Y:Germany

Address

No.12, Xincheng Road, Songshan Lake High-Tech Industrial Development Zone, Guangdong Province, Dongguan, CHN

Website

http://www.ndpaper.com

Nine Dragons Paper (Holdings) Ltd operates as a paper products manufacturer. The company predominantly produces liner board, corrugating medium, and coated duplex boards. In addition to packaging paperboard, the Group is also engaged in the production of printing and writing a paper in Dongguan and Taicang and the development of packaging paperboard and specialty paper production in Leshan, Sichuan Province. Substantial part of the company's revenues are generated from the sale of packaging paper and the rest from sales of printing and writing paper, high-value specialty paper products, and Pulp.

Nine Dragons Paper (Holdings) (Nine Dragons Paper (Holdings)) Headlines

From GuruFocus

ND Paper LLC to Purchase Old Town, Maine Pulp Mill

By PRNewswire PRNewswire • 10-10-2018

ND Paper Attends Labelexpo Americas Conference Sept. 25 - 27

By PRNewswire PRNewswire • 09-20-2018

ND Paper LLC Completes Acquisition of Resolute Forest Products Recycled Pulp Mill in Fairmont, West Virginia

By PRNewswire PRNewswire • 11-01-2018

ND PAPER TO INCREASE EFFICIENCY AT RUMFORD DIVISION WITH SUPPORT FROM GRANT FUNDING

By PRNewswire PRNewswire • 12-09-2022