ZJLD Group (HKSE:06979) Days Sales Outstanding : 6.69 (As of Dec. 2023)

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What is ZJLD Group Days Sales Outstanding?

ZJLD Group's average Accounts Receivable for the six months ended in Dec. 2023 was HK$141 Mil. ZJLD Group's Revenue for the six months ended in Dec. 2023 was HK$3,841 Mil. Hence, ZJLD Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.69.

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

HKSE:06979' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.87 Med: 5.49 Max: 8.15
Current: 6.55

During the past 4 years, ZJLD Group's highest Days Sales Outstanding was 8.15. The lowest was 3.87. And the median was 5.49.

HKSE:06979's Days Sales Outstanding is ranked better than
85.38% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 42.185 vs HKSE:06979: 6.55

ZJLD Group's Days Sales Outstanding declined from Dec. 2022 (7.74) to Dec. 2023 (6.69).

ZJLD Group Days Sales Outstanding Historical Data

The historical data trend for ZJLD Group'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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ZJLD Group Days Sales Outstanding Chart

ZJLD Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

8.15

3.87

5.62

5.35

ZJLD Group Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			-	3.51	7.74	7.61	6.69

Competitive Comparison of ZJLD Group's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, ZJLD Group'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.

ZJLD Group's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, ZJLD Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where ZJLD Group's Days Sales Outstanding falls into.

ZJLD Group 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.

ZJLD Group'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
=	( (132.427	+	93.175)	/	2 )	/	7689.776	*	365
=	112.801					/	7689.776	*	365
=	5.35

ZJLD Group'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
=	( (188.58	+	93.175)	/	2 )	/	3840.815	*	365 / 2
=	140.8775					/	3840.815	*	365 / 2
=	6.69

ZJLD Group (HKSE:06979) Days Sales Outstanding Explanation

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

ZJLD Group Days Sales Outstanding Related Terms

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ZJLD Group (HKSE:06979) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » ZJLD Group Inc (HKSE:06979) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

LH6:Germany

Address

No.15 Baiqiao Avenue, 8th Floor, Jiahe Guoxin Building, Dongcheng District, Beijing, CHN

Website

https://www.zjld.com

ZJLD Group Inc is a leading baijiu company in China devoted to offering premium baijiu products featuring a sauce aroma profile. The company aspires to carry forward a rich cultural heritage and turn every drop of aromatic baijiu into a joyful and memorable moment. Baijiu is China's national liquor and the world's most consumed liquor.

Executives

Wu Xiangdong	2201 Interest of corporation controlled by you
Jindong Investment Group Limited	2101 Beneficial owner
Jindong Investment Group Limited	2101 Beneficial owner
Zhenjiu Holding Limited	2101 Beneficial owner
Zhenjiu Holding Limited	2101 Beneficial owner
Kkr Afiv Zest Aiv (gp) Limited	2201 Interest of corporation controlled by you
Kkr Asian Fund Iv Zest Aiv L.p.	2201 Interest of corporation controlled by you
Maplesfs Limited	2301 Trustee
Zest Holdings I Pte. Ltd.	2201 Interest of corporation controlled by you
Zest Holdings Ii Pte. Ltd.	2101 Beneficial owner

ZJLD Group (HKSE:06979) Headlines

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