China Feihe (HKSE:06186) Days Sales Outstanding : 8.83 (As of Jun. 2023)

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What is China Feihe Days Sales Outstanding?

China Feihe's average Accounts Receivable for the six months ended in Jun. 2023 was HK$515 Mil. China Feihe's Revenue for the six months ended in Jun. 2023 was HK$10,648 Mil. Hence, China Feihe's Days Sales Outstanding for the six months ended in Jun. 2023 was 8.83.

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

HKSE:06186' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.18 Med: 8.15 Max: 10.98
Current: 8.51

During the past 8 years, China Feihe's highest Days Sales Outstanding was 10.98. The lowest was 4.18. And the median was 8.15.

HKSE:06186's Days Sales Outstanding is ranked better than
92.07% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.085 vs HKSE:06186: 8.51

China Feihe's Days Sales Outstanding increased from Jun. 2022 (7.33) to Jun. 2023 (8.83).

China Feihe Days Sales Outstanding Historical Data

The historical data trend for China Feihe'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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China Feihe Days Sales Outstanding Chart

China Feihe Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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8.87

4.18

4.80

7.25

8.04

China Feihe Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									5.50	7.33	6.47	8.83	8.65

Competitive Comparison of China Feihe's Days Sales Outstanding

For the Packaged Foods subindustry, China Feihe'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.

China Feihe's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where China Feihe's Days Sales Outstanding falls into.

China Feihe 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.

China Feihe's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (467.389	+	477.722)	/	2 )	/	23798.233	*	365
=	472.5555					/	23798.233	*	365
=	7.25

China Feihe's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (477.722	+	552.675)	/	2 )	/	10648.2	*	365 / 2
=	515.1985					/	10648.2	*	365 / 2
=	8.83

China Feihe (HKSE:06186) Days Sales Outstanding Explanation

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

China Feihe Days Sales Outstanding Related Terms

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China Feihe (HKSE:06186) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Feihe Ltd (HKSE:06186) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

CHFLF:USA CFEIY:USA

Address

10 Jiuxianqiao Road, Block C, 16th Floor, Star City International Building, Chaoyang District, Beijing, CHN, 100016

Website

https://www.feihe.com

Feihe is the number one infant milk formula company in China, with a premium market positioning among domestic and foreign competing brands. The company utilizes the flagship Astrobaby lineup to promote its "more suitable for Chinese babies" proposition. It has a nationwide distributor network covering maternity stores, supermarkets and traditional retailers, as well as a direct sales network in e-commerce.

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