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Guoquan Food (Shanghai) Co (HKSE:02517) Days Sales Outstanding : 5.73 (As of Dec. 2023)


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What is Guoquan Food (Shanghai) Co Days Sales Outstanding?

Guoquan Food (Shanghai) Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$105 Mil. Guoquan Food (Shanghai) Co's Revenue for the six months ended in Dec. 2023 was HK$6,666 Mil. Hence, Guoquan Food (Shanghai) Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 2.87.

The historical rank and industry rank for Guoquan Food (Shanghai) Co's Days Sales Outstanding or its related term are showing as below:

HKSE:02517' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.37   Med: 3.83   Max: 5.73
Current: 5.73

During the past 4 years, Guoquan Food (Shanghai) Co's highest Days Sales Outstanding was 5.73. The lowest was 1.37. And the median was 3.83.

HKSE:02517's Days Sales Outstanding is ranked better than
94.83% of 1839 companies
in the Consumer Packaged Goods industry
Industry Median: 39.18 vs HKSE:02517: 5.73

Guoquan Food (Shanghai) Co's Days Sales Outstanding increased from Dec. 2021 (1.37) to Dec. 2023 (5.73).

Guoquan Food (Shanghai) Co Days Sales Outstanding Historical Data

The historical data trend for Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co Days Sales Outstanding Chart

Guoquan Food (Shanghai) Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- 1.37 3.83 5.73

Guoquan Food (Shanghai) Co Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding - 1.37 3.83 5.73

Competitive Comparison of Guoquan Food (Shanghai) Co's Days Sales Outstanding

For the Packaged Foods subindustry, Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guoquan Food (Shanghai) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guoquan Food (Shanghai) Co's Days Sales Outstanding falls into.


Guoquan Food (Shanghai) 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.

Guoquan Food (Shanghai) 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
=( (150.003 + 59.352) / 2 ) / 6665.602*365
=104.6775 / 6665.602*365
=5.73

Guoquan Food (Shanghai) 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
=( (150.003 + 59.352) / 2 ) / 6665.602*365 / 2
=104.6775 / 6665.602*365 / 2
=2.87

* 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.

Guoquan Food (Shanghai) Co  (HKSE:02517) Days Sales Outstanding Explanation

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

Guoquan Food (Shanghai) Co Days Sales Outstanding Related Terms

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Guoquan Food (Shanghai) Co (HKSE:02517) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guoquan Food (Shanghai) Co Ltd (HKSE:02517) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
Lane 187, Xinghong Road, Room 802, No. 3, Minhang, Shanghai, CHN
Website
http://www.zzgqsh.com
Guoquan Food (Shanghai) Co Ltd is the leading and rapidly growing home meal products brand in China. It offers a variety of ready-to-eat, ready-to-heat, ready-to-cook and prepared ingredients, with a focus on at-home hotpot and barbecue products. With a carefully curated product portfolio and an extensive network of community-based stores, it enables consumers to enjoy meals at home with convenience, affordability and tastiness. Leveraging its robust supply chain and production capabilities, The company offers a wide variety of home meal products under the Guoquan Shihui brand through a nationwide network of 9,844 retail stores in China, serving diverse dining scenarios.

Guoquan Food (Shanghai) Co (HKSE:02517) Headlines

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