Shandong Fengxiang Co (HKSE:09977) Days Sales Outstanding

: 15.93 (As of Dec. 2022)

View and export this data going back to 2020. Start your Free Trial

Shandong Fengxiang Co's average Accounts Receivable for the six months ended in Dec. 2022 was HK$258 Mil. Shandong Fengxiang Co's Revenue for the six months ended in Dec. 2022 was HK$2,951 Mil. Hence, Shandong Fengxiang Co's Days Sales Outstanding for the six months ended in Dec. 2022 was 15.93.

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

HKSE:09977' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.51 Med: 17.18 Max: 18.93
Current: 16.19

During the past 8 years, Shandong Fengxiang Co's highest Days Sales Outstanding was 18.93. The lowest was 12.51. And the median was 17.18.

HKSE:09977's Days Sales Outstanding is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 39.08 vs HKSE:09977: 16.19

Shandong Fengxiang Co's Days Sales Outstanding declined from Dec. 2021 (16.29) to Dec. 2022 (15.93).

Shandong Fengxiang Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Fengxiang 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.

* Premium members only.

Shandong Fengxiang Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

18.56

18.63

18.93

17.24

16.77

Shandong Fengxiang Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							17.59	16.29	19.63	15.93	-

Competitive Comparison

For the Packaged Foods subindustry, Shandong Fengxiang 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.

Shandong Fengxiang Co Days Sales Outstanding Distribution

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

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

Shandong Fengxiang 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.

Shandong Fengxiang 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
=	( (217.734	+	298.236)	/	2 )	/	5615.913	*	365
=	257.985					/	5615.913	*	365
=	16.77

Shandong Fengxiang Co's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (297.526	+	217.734)	/	2 )	/	2950.938	*	365 / 2
=	257.63					/	2950.938	*	365 / 2
=	15.93

Shandong Fengxiang Co (HKSE:09977) Days Sales Outstanding Explanation

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

Shandong Fengxiang Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Shandong Fengxiang Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Fengxiang Co (HKSE:09977) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Fengxiang Co Ltd (HKSE:09977) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Liumiao Village, Anle Town, Yanggu County, Shandong Province, Liaocheng, CHN

Website

http://www.fengxiang.com

Shandong Fengxiang Co Ltd is a white-feathered broiler producer in the PRC. The company produces its chicken meat products from white-feathered broilers. It also manufactures and markets a wide range of processed chicken meat products. Its main products include chicken meat products, which consist of raw chicken meat products and processed chicken meat products, and chicken breeds.

Shandong Fengxiang Co (HKSE:09977) Headlines

No Headlines