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Pu`er Lancang Ancient Tea Co (HKSE:06911) Days Sales Outstanding : 32.29 (As of Dec. 2023)


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What is Pu`er Lancang Ancient Tea Co Days Sales Outstanding?

Pu`er Lancang Ancient Tea Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$57.2 Mil. Pu`er Lancang Ancient Tea Co's Revenue for the six months ended in Dec. 2023 was HK$323.0 Mil. Hence, Pu`er Lancang Ancient Tea Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 32.29.

The historical rank and industry rank for Pu`er Lancang Ancient Tea Co's Days Sales Outstanding or its related term are showing as below:

HKSE:06911' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.33   Med: 12.93   Max: 39.54
Current: 32.55

During the past 4 years, Pu`er Lancang Ancient Tea Co's highest Days Sales Outstanding was 39.54. The lowest was 1.33. And the median was 12.93.

HKSE:06911's Days Sales Outstanding is ranked better than
59.75% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs HKSE:06911: 32.55

Pu`er Lancang Ancient Tea Co's Days Sales Outstanding increased from Dec. 2022 (27.88) to Dec. 2023 (32.29).

Pu`er Lancang Ancient Tea Co Days Sales Outstanding Historical Data

The historical data trend for Pu`er Lancang Ancient Tea 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.

Pu`er Lancang Ancient Tea Co Days Sales Outstanding Chart

Pu`er Lancang Ancient Tea Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
1.33 5.31 20.54 39.54

Pu`er Lancang Ancient Tea Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial - 12.39 27.88 24.95 32.29

Competitive Comparison of Pu`er Lancang Ancient Tea Co's Days Sales Outstanding

For the Farm Products subindustry, Pu`er Lancang Ancient Tea 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.

Pu`er Lancang Ancient Tea Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Pu`er Lancang Ancient Tea Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Pu`er Lancang Ancient Tea Co's Days Sales Outstanding falls into.


Pu`er Lancang Ancient Tea 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.

Pu`er Lancang Ancient Tea 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
=( (40.025 + 84.934) / 2 ) / 576.799*365
=62.4795 / 576.799*365
=39.54

Pu`er Lancang Ancient Tea 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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (29.366 + 84.934) / 2 ) / 323.011*365 / 2
=57.15 / 323.011*365 / 2
=32.29

* 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.

Pu`er Lancang Ancient Tea Co  (HKSE:06911) Days Sales Outstanding Explanation

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

Pu`er Lancang Ancient Tea Co Days Sales Outstanding Related Terms

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Pu`er Lancang Ancient Tea Co (HKSE:06911) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pu`er Lancang Ancient Tea Co Ltd (HKSE:06911) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
Pingzhang Road, West Suburb Hot Spring Community, Lancang Lahu Ethnic Autonomous County, Yunnan Province, Menglang Town, Puer, CHN
Website
http://www.lcgc.cn
Pu`er Lancang Ancient Tea Co Ltd is principally engaged in the development, manufacturing and sales of tea products, primarily Pu'er tea products in China.
Executives
China Credit Trust Co., Ltd 2201 Interest of corporation controlled by you
Harvest Fund Management Co., Ltd. 2201 Interest of corporation controlled by you
Lan Cang Lv Se Zi Yuan Tou Zi You Xian Gong Si 2101 Beneficial owner
Lan Cang Xian Guo You Zi Chan Jing Ying You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Lan Cang Xian Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Sheng Song Lan Cang Sheng Shi Cha Xiang Yi Hao Si Mu Zheng Quan Tou Zi Ji Jin 2101 Beneficial owner
Dong Xing An Xin Hao Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee
Wang Chen 2201 Interest of corporation controlled by you
Zhang Liang 2201 Interest of corporation controlled by you
Zhong Guo Hai Jing Ji Tuan You Xian Gong Si 2101 Beneficial owner
Wang Chunyu 2101 Beneficial owner

Pu`er Lancang Ancient Tea Co (HKSE:06911) Headlines

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