Jiujiuwang Food International (HKSE:01927) Days Sales Outstanding : 118.02 (As of Dec. 2023)

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What is Jiujiuwang Food International Days Sales Outstanding?

Jiujiuwang Food International's average Accounts Receivable for the six months ended in Dec. 2023 was HK$113.3 Mil. Jiujiuwang Food International's Revenue for the six months ended in Dec. 2023 was HK$175.1 Mil. Hence, Jiujiuwang Food International's Days Sales Outstanding for the six months ended in Dec. 2023 was 118.02.

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

HKSE:01927' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.98 Med: 89.38 Max: 108.58
Current: 106.45

During the past 7 years, Jiujiuwang Food International's highest Days Sales Outstanding was 108.58. The lowest was 80.98. And the median was 89.38.

HKSE:01927's Days Sales Outstanding is ranked worse than
92.09% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.01 vs HKSE:01927: 106.45

Jiujiuwang Food International's Days Sales Outstanding increased from Dec. 2022 (106.45) to Dec. 2023 (118.02).

Jiujiuwang Food International Days Sales Outstanding Historical Data

The historical data trend for Jiujiuwang Food International'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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Jiujiuwang Food International Days Sales Outstanding Chart

Jiujiuwang Food International Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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86.82

89.38

92.89

108.58

102.21

Jiujiuwang Food International Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						91.86	120.46	106.45	100.66	118.02

Competitive Comparison of Jiujiuwang Food International's Days Sales Outstanding

For the Confectioners subindustry, Jiujiuwang Food International'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.

Jiujiuwang Food International's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Jiujiuwang Food International's Days Sales Outstanding falls into.

Jiujiuwang Food International 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.

Jiujiuwang Food International'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
=	( (110.086	+	105.403)	/	2 )	/	384.755	*	365
=	107.7445					/	384.755	*	365
=	102.21

Jiujiuwang Food International'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
=	( (121.135	+	105.403)	/	2 )	/	175.146	*	365 / 2
=	113.269					/	175.146	*	365 / 2
=	118.02

Jiujiuwang Food International (HKSE:01927) Days Sales Outstanding Explanation

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

Jiujiuwang Food International Days Sales Outstanding Related Terms

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Jiujiuwang Food International (HKSE:01927) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiujiuwang Food International Ltd (HKSE:01927) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 398 Ping An East Road, Luoshan Street, Xukeng Industrial Zone, Fujian Province, Jinjiang, CHN

Website

http://www.jiujiuwang.com

Jiujiuwang Food International Ltd is a manufacturer of confectionary products. It manufactures and sells confectionary products, including gum-based candies, tablet candies, aerated candies, and hard candies.

Executives

Hong Mali
Su Li
Wu Zihong
Zheng Guodian
Zheng Guosi
Zheng Zhenzhong
Haisen International Limited
Xiejia Limited
Jianeng International Limited

Jiujiuwang Food International (HKSE:01927) Headlines

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