Eastroc Beverage (Group) Co (SHSE:605499) Days Sales Outstanding : 1.89 (As of Mar. 2024)

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What is Eastroc Beverage (Group) Co Days Sales Outstanding?

Eastroc Beverage (Group) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥72 Mil. Eastroc Beverage (Group) Co's Revenue for the three months ended in Mar. 2024 was ¥3,482 Mil. Hence, Eastroc Beverage (Group) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.89.

The historical rank and industry rank for Eastroc Beverage (Group) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:605499' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.98 Med: 1.48 Max: 3.22
Current: 1.88

During the past 7 years, Eastroc Beverage (Group) Co's highest Days Sales Outstanding was 3.22. The lowest was 0.98. And the median was 1.48.

SHSE:605499's Days Sales Outstanding is ranked better than
91.87% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 44.02 vs SHSE:605499: 1.88

Eastroc Beverage (Group) Co's Days Sales Outstanding increased from Mar. 2023 (1.12) to Mar. 2024 (1.89).

Eastroc Beverage (Group) Co Days Sales Outstanding Historical Data

The historical data trend for Eastroc Beverage (Group) 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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Eastroc Beverage (Group) Co Days Sales Outstanding Chart

Eastroc Beverage (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.82

1.41

0.98

1.06

1.48

Eastroc Beverage (Group) Co Quarterly Data
	Dec17	Dec18	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															1.12	1.46	1.93	2.46	1.89

Competitive Comparison of Eastroc Beverage (Group) Co's Days Sales Outstanding

For the Beverages - Brewers subindustry, Eastroc Beverage (Group) 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.

Eastroc Beverage (Group) Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Eastroc Beverage (Group) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Eastroc Beverage (Group) Co's Days Sales Outstanding falls into.

Eastroc Beverage (Group) 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.

Eastroc Beverage (Group) 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
=	( (24.753	+	66.356)	/	2 )	/	11262.794	*	365
=	45.5545					/	11262.794	*	365
=	1.48

Eastroc Beverage (Group) 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
=	( (66.356	+	78.194)	/	2 )	/	3482.168	*	365 / 4
=	72.275					/	3482.168	*	365 / 4
=	1.89

Eastroc Beverage (Group) Co (SHSE:605499) Days Sales Outstanding Explanation

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

Eastroc Beverage (Group) Co Days Sales Outstanding Related Terms

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Eastroc Beverage (Group) Co (SHSE:605499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Eastroc Beverage (Group) Co Ltd (SHSE:605499) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 142, Zhuguang North Road, Taoyuan Street, 1st Floor, Building 3, Zhongguan Honghualing Industrial West Zone, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057

Website

https://www.szeastroc.com

Eastroc Beverage (Group) Co Ltd is engaged in the research and development, production and sales of beverages.

Eastroc Beverage (Group) Co (SHSE:605499) Headlines

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