Hubei Kangnong Seed Co (BJSE:837403) Days Sales Outstanding : 395.80 (As of Mar. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Hubei Kangnong Seed Co Days Sales Outstanding?

Hubei Kangnong Seed Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥148.7 Mil. Hubei Kangnong Seed Co's Revenue for the three months ended in Mar. 2024 was ¥34.3 Mil. Hence, Hubei Kangnong Seed Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 395.80.

The historical rank and industry rank for Hubei Kangnong Seed Co's Days Sales Outstanding or its related term are showing as below:

BJSE:837403' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.42 Med: 184.2 Max: 222.17
Current: 123.22

During the past 11 years, Hubei Kangnong Seed Co's highest Days Sales Outstanding was 222.17. The lowest was 0.42. And the median was 184.20.

BJSE:837403's Days Sales Outstanding is ranked worse than
93.83% of 1848 companies
in the Consumer Packaged Goods industry
Industry Median: 39.07 vs BJSE:837403: 123.22

Hubei Kangnong Seed Co's Days Sales Outstanding declined from Mar. 2023 (589.72) to Mar. 2024 (395.80).

Hubei Kangnong Seed Co Days Sales Outstanding Historical Data

The historical data trend for Hubei Kangnong Seed 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.

Hubei Kangnong Seed Co Days Sales Outstanding Chart

Hubei Kangnong Seed Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

220.75

222.17

198.86

208.71

184.20

Hubei Kangnong Seed Co Quarterly Data
	Jun17	Dec17	Jun18	Sep18	Dec18	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															589.72	261.31	675.92	35.85	395.80

Competitive Comparison of Hubei Kangnong Seed Co's Days Sales Outstanding

For the Farm Products subindustry, Hubei Kangnong Seed 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.

Hubei Kangnong Seed Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Hubei Kangnong Seed Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hubei Kangnong Seed Co's Days Sales Outstanding falls into.

Hubei Kangnong Seed 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.

Hubei Kangnong Seed 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
=	( (143.865	+	147.06)	/	2 )	/	288.24	*	365
=	145.4625					/	288.24	*	365
=	184.20

Hubei Kangnong Seed 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
=	( (147.06	+	150.29)	/	2 )	/	34.276	*	365 / 4
=	148.675					/	34.276	*	365 / 4
=	395.80

Hubei Kangnong Seed Co (BJSE:837403) Days Sales Outstanding Explanation

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

Hubei Kangnong Seed Co Days Sales Outstanding Related Terms

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

Hubei Kangnong Seed Co (BJSE:837403) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hubei Kangnong Seed Co Ltd (BJSE:837403) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Hubei Kangnong Seed Co Ltd is engaged in research and developments, production and sales of hybrid corn seeds with high yield, stable yield and good comprehensive resistance. It has one main (corn seeds) and two wings (konjac seedlings, Chinese herbal medicine seeds and seedlings) and has 3 fully-automatic corn seed processing lines (10T/h) and 4 fully-automatic intelligent konjac seed processing lines (6T/h). ), with a storage capacity of 60,000 m³.

Hubei Kangnong Seed Co (BJSE:837403) Headlines

No Headlines