Lao Feng Xiang Co (SHSE:600612) Days Sales Outstanding : 15.04 (As of Sep. 2023)

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What is Lao Feng Xiang Co Days Sales Outstanding?

Lao Feng Xiang Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥3,580 Mil. Lao Feng Xiang Co's Revenue for the three months ended in Sep. 2023 was ¥21,722 Mil. Hence, Lao Feng Xiang Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 15.04.

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

SHSE:600612' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.02 Med: 2.72 Max: 14.3
Current: 14.3

During the past 13 years, Lao Feng Xiang Co's highest Days Sales Outstanding was 14.30. The lowest was 1.02. And the median was 2.72.

SHSE:600612's Days Sales Outstanding is ranked better than
54.63% of 1080 companies
in the Retail - Cyclical industry
Industry Median: 17.665 vs SHSE:600612: 14.30

Lao Feng Xiang Co's Days Sales Outstanding declined from Sep. 2022 (15.50) to Sep. 2023 (15.04).

Lao Feng Xiang Co Days Sales Outstanding Historical Data

The historical data trend for Lao Feng Xiang 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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Lao Feng Xiang Co Days Sales Outstanding Chart

Lao Feng Xiang Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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4.69

3.00

1.84

1.02

1.79

Lao Feng Xiang Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															15.50	29.61	2.14	4.13	15.04

Competitive Comparison of Lao Feng Xiang Co's Days Sales Outstanding

For the Luxury Goods subindustry, Lao Feng Xiang 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.

Lao Feng Xiang Co's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Lao Feng Xiang Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lao Feng Xiang Co's Days Sales Outstanding falls into.

Lao Feng Xiang 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.

Lao Feng Xiang Co'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
=	( (177.291	+	442.24)	/	2 )	/	63010.144	*	365
=	309.7655					/	63010.144	*	365
=	1.79

Lao Feng Xiang Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (718.243	+	6442.737)	/	2 )	/	21722.484	*	365 / 4
=	3580.49					/	21722.484	*	365 / 4
=	15.04

Lao Feng Xiang Co (SHSE:600612) Days Sales Outstanding Explanation

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

Lao Feng Xiang Co Days Sales Outstanding Related Terms

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Lao Feng Xiang Co (SHSE:600612) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lao Feng Xiang Co Ltd (SHSE:600612) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

900905:China

Address

No. 270, Luxi Road, 6th Floor, Building 1, Xuhui District, Shanghai, CHN, 200235

Website

http://www.laofengxiang.com

Lao Feng Xiang Co Ltd is engaged in the manufacture and sale of gold jewelry. It is also engaged in the manufacture and distribution of gold arts and crafts, and other related products.

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