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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Days Sales Outstanding : 13.70 (As of Dec. 2023)


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What is Xiamen Yan Palace Birds Nest Industry Co Days Sales Outstanding?

Xiamen Yan Palace Birds Nest Industry Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$81 Mil. Xiamen Yan Palace Birds Nest Industry Co's Revenue for the six months ended in Dec. 2023 was HK$2,148 Mil. Hence, Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.85.

The historical rank and industry rank for Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding or its related term are showing as below:

HKSE:01497' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.59   Med: 9.25   Max: 13.7
Current: 13.7

During the past 4 years, Xiamen Yan Palace Birds Nest Industry Co's highest Days Sales Outstanding was 13.70. The lowest was 6.59. And the median was 9.25.

HKSE:01497's Days Sales Outstanding is ranked better than
86.76% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs HKSE:01497: 13.70

Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding increased from Dec. 2021 (7.41) to Dec. 2023 (13.70).


Xiamen Yan Palace Birds Nest Industry Co Days Sales Outstanding Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry Co Days Sales Outstanding Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
6.59 7.41 11.08 13.70

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding 6.59 7.41 11.08 13.70

Competitive Comparison of Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding

For the Packaged Foods subindustry, Xiamen Yan Palace Birds Nest Industry 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.


Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xiamen Yan Palace Birds Nest Industry Co's Days Sales Outstanding falls into.



Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry 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
=( (70.168 + 91.11) / 2 ) / 2148.441*365
=80.639 / 2148.441*365
=13.70

Xiamen Yan Palace Birds Nest Industry 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: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (70.168 + 91.11) / 2 ) / 2148.441*365 / 2
=80.639 / 2148.441*365 / 2
=6.85

* 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.


Xiamen Yan Palace Birds Nest Industry Co  (HKSE:01497) Days Sales Outstanding Explanation

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


Xiamen Yan Palace Birds Nest Industry Co Days Sales Outstanding Related Terms

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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN
Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.
Executives
Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong 2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen 2201 Interest of corporation controlled by you
Zheng Wenbin

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