Cofco Sugar Holding Co (SHSE:600737) Days Sales Outstanding : 12.12 (As of Mar. 2024)

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What is Cofco Sugar Holding Co Days Sales Outstanding?

Cofco Sugar Holding Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,038 Mil. Cofco Sugar Holding Co's Revenue for the three months ended in Mar. 2024 was ¥7,812 Mil. Hence, Cofco Sugar Holding Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 12.12.

The historical rank and industry rank for Cofco Sugar Holding Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600737' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.13 Med: 18.07 Max: 36.78
Current: 11.54

During the past 13 years, Cofco Sugar Holding Co's highest Days Sales Outstanding was 36.78. The lowest was 11.13. And the median was 18.07.

SHSE:600737's Days Sales Outstanding is ranked better than
88.74% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs SHSE:600737: 11.54

Cofco Sugar Holding Co's Days Sales Outstanding declined from Mar. 2023 (18.64) to Mar. 2024 (12.12).

Cofco Sugar Holding Co Days Sales Outstanding Historical Data

The historical data trend for Cofco Sugar Holding 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.

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Cofco Sugar Holding Co Days Sales Outstanding Chart

Cofco Sugar Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.28

15.49

12.07

11.70

11.13

Cofco Sugar Holding Co 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															18.64	13.44	10.47	12.06	12.12

Competitive Comparison of Cofco Sugar Holding Co's Days Sales Outstanding

For the Packaged Foods subindustry, Cofco Sugar Holding 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.

Cofco Sugar Holding Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cofco Sugar Holding Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Cofco Sugar Holding Co's Days Sales Outstanding falls into.

Cofco Sugar Holding 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.

Cofco Sugar Holding 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
=	( (879.375	+	1140.482)	/	2 )	/	33113.895	*	365
=	1009.9285					/	33113.895	*	365
=	11.13

Cofco Sugar Holding 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
=	( (1140.482	+	935.004)	/	2 )	/	7811.512	*	365 / 4
=	1037.743					/	7811.512	*	365 / 4
=	12.12

Cofco Sugar Holding Co (SHSE:600737) Days Sales Outstanding Explanation

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

Cofco Sugar Holding Co Days Sales Outstanding Related Terms

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Cofco Sugar Holding Co (SHSE:600737) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cofco Sugar Holding Co Ltd (SHSE:600737) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Xinjiang Uygur Autonomous Region, W101, 1st Floor, Building 54, Yutang Village, Daxiqu Town District, Changji Prefecture, Changji, CHN, 830000

Website

http://www.cofcotunhe.com

Cofco Sugar Holding Co Ltd is engaged in sugar business and tomato processing business. The company also takes care of sugar imports, port sugar refining, and sugar storage and logistics. Some of the company's products are raw sugar, white sugar, organic white granulated sugar, refined sugar, brown sugar, molasses, beet ordinary granules, and plus honey granules.

Executives

Li Feng Chun	senior management
Yu Tian Chi	senior management
Yang Hong	senior management

Cofco Sugar Holding Co (SHSE:600737) Headlines

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