Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Days Sales Outstanding : 29.41 (As of Dec. 2023)

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What is Green Future Food Hydrocolloid Marine Science Co Days Sales Outstanding?

Green Future Food Hydrocolloid Marine Science Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$104 Mil. Green Future Food Hydrocolloid Marine Science Co's Revenue for the six months ended in Dec. 2023 was HK$647 Mil. Hence, Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 29.41.

The historical rank and industry rank for Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01084' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.81 Med: 45.61 Max: 68.41
Current: 35.81

During the past 8 years, Green Future Food Hydrocolloid Marine Science Co's highest Days Sales Outstanding was 68.41. The lowest was 35.81. And the median was 45.61.

HKSE:01084's Days Sales Outstanding is ranked better than
55% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs HKSE:01084: 35.81

Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding declined from Dec. 2022 (37.93) to Dec. 2023 (29.41).

Green Future Food Hydrocolloid Marine Science Co Days Sales Outstanding Historical Data

The historical data trend for Green Future Food Hydrocolloid Marine Science 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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Green Future Food Hydrocolloid Marine Science Co Days Sales Outstanding Chart

Green Future Food Hydrocolloid Marine Science Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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65.28

68.41

54.00

42.70

37.37

Green Future Food Hydrocolloid Marine Science Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								48.19	46.59	37.93	40.72	29.41

Competitive Comparison of Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding

For the Farm Products subindustry, Green Future Food Hydrocolloid Marine Science 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.

Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding falls into.

Green Future Food Hydrocolloid Marine Science 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.

Green Future Food Hydrocolloid Marine Science 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
=	( (169.522	+	93.404)	/	2 )	/	1284.087	*	365
=	131.463					/	1284.087	*	365
=	37.37

Green Future Food Hydrocolloid Marine Science Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (114.984	+	93.404)	/	2 )	/	646.549	*	365 / 2
=	104.194					/	646.549	*	365 / 2
=	29.41

Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Days Sales Outstanding Explanation

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

Green Future Food Hydrocolloid Marine Science Co Days Sales Outstanding Related Terms

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Green Future Food Hydrocolloid Marine Science Co (HKSE:01084) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Green Future Food Hydrocolloid Marine Science Co Ltd (HKSE:01084) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

169 Electric Road, Flat A, 16th Floor, North Point, Hong Kong, HKG

Website

https://www.greenfreshfood.com

Green Future Food Hydrocolloid Marine Science Co Ltd is engaged in manufacturing and sales of food manufacturing hydrocolloid products including carrageenan products, agar-agar products, blended products, and konjac products in the People's Republic of China and overseas. Its segments include Manufacturing and sales of agar-agar products; Manufacturing and sales of carrageenan; Manufacturing and sales of konjac products; Manufacturing and sales of blended products; and Others such as sales of milk powder. Its operations are spread across China, Europe, Asia (excluding China), South America, North America, Africa and Oceania.

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