Labixiaoxin Snacks Group (HKSE:01262) Days Sales Outstanding : 89.27 (As of Jun. 2024)

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What is Labixiaoxin Snacks Group Days Sales Outstanding?

Labixiaoxin Snacks Group's average Accounts Receivable for the six months ended in Jun. 2024 was HK$260.0 Mil. Labixiaoxin Snacks Group's Revenue for the six months ended in Jun. 2024 was HK$531.6 Mil. Hence, Labixiaoxin Snacks Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 89.27.

The historical rank and industry rank for Labixiaoxin Snacks Group's Days Sales Outstanding or its related term are showing as below:

HKSE:01262' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.66 Med: 160.73 Max: 198.12
Current: 114.69

During the past 13 years, Labixiaoxin Snacks Group's highest Days Sales Outstanding was 198.12. The lowest was 65.66. And the median was 160.73.

HKSE:01262's Days Sales Outstanding is ranked worse than
92.96% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 39.26 vs HKSE:01262: 114.69

Labixiaoxin Snacks Group's Days Sales Outstanding declined from Jun. 2023 (142.41) to Jun. 2024 (89.27).

Labixiaoxin Snacks Group Days Sales Outstanding Historical Data

The historical data trend for Labixiaoxin Snacks Group'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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Labixiaoxin Snacks Group Days Sales Outstanding Chart

Labixiaoxin Snacks Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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185.99

189.08

189.26

198.12

135.46

Labixiaoxin Snacks Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															199.08	190.09	142.41	143.38	89.27

Competitive Comparison of Labixiaoxin Snacks Group's Days Sales Outstanding

For the Packaged Foods subindustry, Labixiaoxin Snacks Group'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.

Labixiaoxin Snacks Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Labixiaoxin Snacks Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Labixiaoxin Snacks Group's Days Sales Outstanding falls into.

Labixiaoxin Snacks Group 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.

Labixiaoxin Snacks Group'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
=	( (359.444	+	261.13)	/	2 )	/	836.059	*	365
=	310.287					/	836.059	*	365
=	135.46

Labixiaoxin Snacks Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (261.13	+	258.94)	/	2 )	/	531.594	*	365 / 2
=	260.035					/	531.594	*	365 / 2
=	89.27

Labixiaoxin Snacks Group (HKSE:01262) Days Sales Outstanding Explanation

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

Labixiaoxin Snacks Group Days Sales Outstanding Related Terms

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Labixiaoxin Snacks Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Labixiaoxin Snacks Group Ltd (HKSE:01262) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Wuli Industrial Area, Fujian, Jinjiang, CHN

Website

http://www.lbxxgroup.com

Labixiaoxin Snacks Group Ltd is a China-based investment holding company principally engaged in the manufacturing and sales of snack products. The company operates through four business segments: Jelly Products, Confectionery Products, Beverages Products, and Other Snacks Products. The company's maximum earning segment is the Jelly products segment which includes jelly snacks and jelly beverages. It also markets other products, such as powdered milk tea. All of its operations are conducted in the PRC.

Executives

Alliance Food And Beverages (holding) Company Limited	2101 Beneficial owner
Zheng Yuhuan	2201 Interest of corporation controlled by you
Zheng Yushuang	2201 Interest of corporation controlled by you
Zheng Yu Long	2101 Beneficial owner
Li Hung Kong	2201 Interest of corporation controlled by you

Labixiaoxin Snacks Group Headlines

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