Sanquan Food Co (SZSE:002216) Days Sales Outstanding : 16.97 (As of Mar. 2024)

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What is Sanquan Food Co Days Sales Outstanding?

Sanquan Food Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥419 Mil. Sanquan Food Co's Revenue for the three months ended in Mar. 2024 was ¥2,254 Mil. Hence, Sanquan Food Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.97.

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

SZSE:002216' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.74 Med: 23.89 Max: 32.03
Current: 23.41

During the past 13 years, Sanquan Food Co's highest Days Sales Outstanding was 32.03. The lowest was 16.74. And the median was 23.89.

SZSE:002216's Days Sales Outstanding is ranked better than
74.1% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs SZSE:002216: 23.41

Sanquan Food Co's Days Sales Outstanding increased from Mar. 2023 (15.27) to Mar. 2024 (16.97).

Sanquan Food Co Days Sales Outstanding Historical Data

The historical data trend for Sanquan Food 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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Sanquan Food Co Days Sales Outstanding Chart

Sanquan Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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21.24

16.74

18.79

19.58

21.74

Sanquan Food 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															15.27	26.59	28.74	27.06	16.97

Competitive Comparison of Sanquan Food Co's Days Sales Outstanding

For the Packaged Foods subindustry, Sanquan Food 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.

Sanquan Food Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Sanquan Food Co's Days Sales Outstanding falls into.

Sanquan Food 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.

Sanquan Food 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
=	( (390.383	+	450.27)	/	2 )	/	7055.93	*	365
=	420.3265					/	7055.93	*	365
=	21.74

Sanquan Food 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
=	( (450.27	+	387.825)	/	2 )	/	2253.744	*	365 / 4
=	419.0475					/	2253.744	*	365 / 4
=	16.97

Sanquan Food Co (SZSE:002216) Days Sales Outstanding Explanation

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

Sanquan Food Co Days Sales Outstanding Related Terms

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Sanquan Food Co (SZSE:002216) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sanquan Food Co Ltd (SZSE:002216) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Tianhe Road, the middle Huiji, Zhengzhou, CHN, 50044

Website

http://www.sanquan.com

Sanquan Food Co Ltd is a China-based company principally engaged in the production and distribution of quick-frozen food products. The company has two well-known brands - Sanquan and Longfeng.

Sanquan Food Co (SZSE:002216) Headlines

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