Shenguan Holdings Group (Shenguan Holdings Group) Days Sales Outstanding

: 69.11 (As of Jun. 2023)

View and export this data going back to 2012. Start your Free Trial

Shenguan Holdings Group's average Accounts Receivable for the six months ended in Jun. 2023 was $26.9 Mil. Shenguan Holdings Group's Revenue for the six months ended in Jun. 2023 was $71.1 Mil. Hence, Shenguan Holdings Group's Days Sales Outstanding for the six months ended in Jun. 2023 was 69.11.

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

SHGXY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.14 Med: 68.43 Max: 90.86
Current: 56.41

During the past 13 years, Shenguan Holdings Group's highest Days Sales Outstanding was 90.86. The lowest was 44.14. And the median was 68.43.

SHGXY's Days Sales Outstanding is ranked worse than
72.14% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.07 vs SHGXY: 56.41

Shenguan Holdings Group's Days Sales Outstanding declined from Jun. 2022 (74.00) to Jun. 2023 (69.11).

Shenguan Holdings Group Days Sales Outstanding Historical Data

The historical data trend for Shenguan Holdings Group'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.

Shenguan Holdings Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

76.52

62.74

47.07

68.67

56.27

Shenguan Holdings Group 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																56.60	74.00	59.08	69.11	46.00

Competitive Comparison

For the Packaged Foods subindustry, Shenguan Holdings Group'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.

Shenguan Holdings Group Days Sales Outstanding Distribution

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

* The bar in red indicates where Shenguan Holdings Group's Days Sales Outstanding falls into.

Shenguan Holdings Group 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.

Shenguan Holdings Group'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
=	( (26.018	+	29.688)	/	2 )	/	148.049	*	365
=	27.853					/	148.049	*	365
=	68.67

Shenguan Holdings Group'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
=	( (29.688	+	24.177)	/	2 )	/	71.118	*	365 / 2
=	26.9325					/	71.118	*	365 / 2
=	69.11

Shenguan Holdings Group (OTCPK:SHGXY) Days Sales Outstanding Explanation

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

Shenguan Holdings Group Days Sales Outstanding Related Terms

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

Shenguan Holdings Group (Shenguan Holdings Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shenguan Holdings Group Ltd (OTCPK:SHGXY) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

00829:Hong Kong S2N:Germany

Address

255–257 Gloucester Road, Unit 2902, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

http://www.shenguan.com.hk

Shenguan Holdings Group Ltd is an investment holding company. It is engaged in the manufacture and sale of edible collagen sausage casing products, pharmaceutical products, food products, skincare and health care products, and bioactive collagen products. The company generates a majority of its revenue from edible collagen sausage casing products. Geographically, the firm generates a majority of its revenue from the People's Republic of China.

Shenguan Holdings Group (Shenguan Holdings Group) Headlines

No Headlines