Gaodi Holdings (HKSE:01676) Days Sales Outstanding : 50.68 (As of Jun. 2023)

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What is Gaodi Holdings Days Sales Outstanding?

Gaodi Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was HK$161.1 Mil. Gaodi Holdings's Revenue for the six months ended in Jun. 2023 was HK$579.9 Mil. Hence, Gaodi Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 50.68.

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

HKSE:01676' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.7 Med: 70.37 Max: 516.55
Current: 101.37

During the past 8 years, Gaodi Holdings's highest Days Sales Outstanding was 516.55. The lowest was 47.70. And the median was 70.37.

HKSE:01676's Days Sales Outstanding is ranked worse than
91.47% of 1840 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs HKSE:01676: 101.37

Gaodi Holdings's Days Sales Outstanding declined from Dec. 2021 (633.92) to Jun. 2023 (50.68).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Gaodi Holdings Days Sales Outstanding Historical Data

The historical data trend for Gaodi Holdings'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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Gaodi Holdings Days Sales Outstanding Chart

Gaodi Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

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47.70

57.95

82.79

257.39

516.55

Gaodi Holdings Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial											198.53	434.15	633.92	223.51	50.68

Competitive Comparison of Gaodi Holdings's Days Sales Outstanding

For the Packaged Foods subindustry, Gaodi Holdings'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.

Gaodi Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Gaodi Holdings's Days Sales Outstanding falls into.

Gaodi Holdings 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.

Gaodi Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (158.234	+	141.577)	/	2 )	/	105.924	*	365
=	149.9055					/	105.924	*	365
=	516.55

Gaodi Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (207.953	+	114.167)	/	2 )	/	579.93	*	365 / 2
=	161.06					/	579.93	*	365 / 2
=	50.68

Gaodi Holdings (HKSE:01676) Days Sales Outstanding Explanation

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

Gaodi Holdings Days Sales Outstanding Related Terms

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Gaodi Holdings (HKSE:01676) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gaodi Holdings Ltd (HKSE:01676) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

5th Floor, No. 5 Factory Meixi Road, Huandong Waters Tongon District, Huli Industrial Park, Fujian Province, Xiamen, CHN

Website

http://www.chinashenghaigroup.com

China Shenghai Group Ltd is engaged in the packaging and sales of seafood products and procurement and sales of fast moving consumer goods and others to the supermarket chains and convenience stores located across China. The company's products are categorized into dried seafood, algae and fungi, seafood snack and frozen seafood products. It has also developed new business on FMCG and cosmetics in Hong Kong and China. Its operating segments include packaging and sales of marine products segment and all other segment. It derives majority of the revenue from packaging and sales of marine products segment.

Gaodi Holdings (HKSE:01676) Headlines

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