Jiangxi Sunshine Dairy Co (SZSE:001318) Days Sales Outstanding

: 24.15 (As of Sep. 2023)

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Jiangxi Sunshine Dairy Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥38.4 Mil. Jiangxi Sunshine Dairy Co's Revenue for the three months ended in Sep. 2023 was ¥145.3 Mil. Hence, Jiangxi Sunshine Dairy Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 24.15.

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

SZSE:001318' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.5 Med: 19.92 Max: 22.27
Current: 19.27

During the past 5 years, Jiangxi Sunshine Dairy Co's highest Days Sales Outstanding was 22.27. The lowest was 18.50. And the median was 19.92.

SZSE:001318's Days Sales Outstanding is ranked better than
79.87% of 1833 companies
in the Consumer Packaged Goods industry
Industry Median: 38.96 vs SZSE:001318: 19.27

Jiangxi Sunshine Dairy Co's Days Sales Outstanding increased from Sep. 2022 (9.08) to Sep. 2023 (24.15).

Jiangxi Sunshine Dairy Co Days Sales Outstanding Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

22.27

20.35

19.75

18.50

19.92

Jiangxi Sunshine Dairy Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding										9.08	14.29	21.44	16.69	24.15

Competitive Comparison

For the Farm Products subindustry, Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy Co Days Sales Outstanding Distribution

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

* The bar in red indicates where Jiangxi Sunshine Dairy Co's Days Sales Outstanding falls into.

Jiangxi Sunshine Dairy 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.

Jiangxi Sunshine Dairy 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
=	( (34.977	+	27.192)	/	2 )	/	569.6	*	365
=	31.0845					/	569.6	*	365
=	19.92

Jiangxi Sunshine Dairy 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
=	( (31.368	+	45.515)	/	2 )	/	145.265	*	365 / 4
=	38.4415					/	145.265	*	365 / 4
=	24.15

Jiangxi Sunshine Dairy Co (SZSE:001318) Days Sales Outstanding Explanation

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

Jiangxi Sunshine Dairy Co Days Sales Outstanding Related Terms

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Jiangxi Sunshine Dairy Co (SZSE:001318) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Sunshine Dairy Co Ltd (SZSE:001318) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043

Website

http://www.6103758.com

Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production and sales of dairy products and milk beverages.

Jiangxi Sunshine Dairy Co (SZSE:001318) Headlines

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