Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Days Sales Outstanding : 1.90 (As of Mar. 2024)

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What is Hebei Yangyuan Zhihui Beverage Co Days Sales Outstanding?

Hebei Yangyuan Zhihui Beverage Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥48 Mil. Hebei Yangyuan Zhihui Beverage Co's Revenue for the three months ended in Mar. 2024 was ¥2,316 Mil. Hence, Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.90.

The historical rank and industry rank for Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603156' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.28 Med: 1.23 Max: 3.08
Current: 2.13

During the past 13 years, Hebei Yangyuan Zhihui Beverage Co's highest Days Sales Outstanding was 3.08. The lowest was 0.28. And the median was 1.23.

SHSE:603156's Days Sales Outstanding is ranked better than
98.18% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.68 vs SHSE:603156: 2.13

Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding increased from Mar. 2023 (1.62) to Mar. 2024 (1.90).

Hebei Yangyuan Zhihui Beverage Co Days Sales Outstanding Historical Data

The historical data trend for Hebei Yangyuan Zhihui Beverage 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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Hebei Yangyuan Zhihui Beverage Co Days Sales Outstanding Chart

Hebei Yangyuan Zhihui Beverage Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.97

3.08

1.49

1.71

1.23

Hebei Yangyuan Zhihui Beverage 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															1.62	3.79	1.06	0.95	1.90

Competitive Comparison of Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Hebei Yangyuan Zhihui Beverage 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.

Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hebei Yangyuan Zhihui Beverage Co's Days Sales Outstanding falls into.

Hebei Yangyuan Zhihui Beverage 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.

Hebei Yangyuan Zhihui Beverage 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
=	( (30.354	+	11.331)	/	2 )	/	6161.606	*	365
=	20.8425					/	6161.606	*	365
=	1.23

Hebei Yangyuan Zhihui Beverage 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
=	( (11.331	+	85.046)	/	2 )	/	2315.937	*	365 / 4
=	48.1885					/	2315.937	*	365 / 4
=	1.90

Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Days Sales Outstanding Explanation

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

Hebei Yangyuan Zhihui Beverage Co Days Sales Outstanding Related Terms

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Hebei Yangyuan Zhihui Beverage Co (SHSE:603156) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Hebei Yangyuan Zhihui Beverage Co Ltd (SHSE:603156) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hebei Hengshui Economic Development Zone, New District, North Road, Hengshui, CHN, 053000

Website

http://www.hbyangyuan.com

Hebei Yangyuan Zhihui Beverage Co Ltd is a China-based company engaged in manufacturing walnut drink with over 1 millon tons of production capacity. The company incorporates various R&D initiatives to manufacture the drink along with the production and sale of the walnut drink. The processing plants through which the drink is manufactured are located across China in Hengshui, Hebei, Luohe in Henan, Chuzhou in Anhui, Jianyang in Jianyang and Yingtan in Jiangxi.

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