Wan Cheng Metal Packaging Co (HKSE:08291) Days Sales Outstanding : 145.84 (As of Dec. 2023)

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What is Wan Cheng Metal Packaging Co Days Sales Outstanding?

Wan Cheng Metal Packaging Co's average Accounts Receivable for the three months ended in Dec. 2023 was HK$45.43 Mil. Wan Cheng Metal Packaging Co's Revenue for the three months ended in Dec. 2023 was HK$28.43 Mil. Hence, Wan Cheng Metal Packaging Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 145.84.

The historical rank and industry rank for Wan Cheng Metal Packaging Co's Days Sales Outstanding or its related term are showing as below:

HKSE:08291' s Days Sales Outstanding Range Over the Past 10 Years
Min: 146.79 Med: 280.3 Max: 526.18
Current: 334.43

During the past 10 years, Wan Cheng Metal Packaging Co's highest Days Sales Outstanding was 526.18. The lowest was 146.79. And the median was 280.30.

HKSE:08291's Days Sales Outstanding is ranked worse than
98.15% of 378 companies
in the Packaging & Containers industry
Industry Median: 69.425 vs HKSE:08291: 334.43

Wan Cheng Metal Packaging Co's Days Sales Outstanding declined from Dec. 2022 (1,239.00) to Dec. 2023 (145.84).

Wan Cheng Metal Packaging Co Days Sales Outstanding Historical Data

The historical data trend for Wan Cheng Metal Packaging 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.

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Wan Cheng Metal Packaging Co Days Sales Outstanding Chart

Wan Cheng Metal Packaging Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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425.88

526.18

372.56

456.36

332.37

Wan Cheng Metal Packaging Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															1,239.00	550.86	640.97	489.41	145.84

Competitive Comparison of Wan Cheng Metal Packaging Co's Days Sales Outstanding

For the Packaging & Containers subindustry, Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging Co's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Wan Cheng Metal Packaging Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wan Cheng Metal Packaging Co's Days Sales Outstanding falls into.

Wan Cheng Metal Packaging 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.

Wan Cheng Metal Packaging 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
=	( (51.271	+	45.431)	/	2 )	/	53.097	*	365
=	48.351					/	53.097	*	365
=	332.37

Wan Cheng Metal Packaging 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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	45.431)	/	1 )	/	28.425	*	365 / 4
=	45.431					/	28.425	*	365 / 4
=	145.84

Wan Cheng Metal Packaging Co (HKSE:08291) Days Sales Outstanding Explanation

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

Wan Cheng Metal Packaging Co Days Sales Outstanding Related Terms

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Wan Cheng Metal Packaging Co (HKSE:08291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Wan Cheng Metal Packaging Co Ltd (HKSE:08291) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Huada Road, Ronggui Street, Hi-tech Industrial Development Zone, Shunde District, Guangdong Province, Foshan, CHN

Website

http://www.wanchengholdings.com

Wan Cheng Metal Packaging Co Ltd is an investment holding company. It is a manufacturer of tinplate packaging products including tin cans and steel pails. The group operates in one operating segment which is the manufacturing and sales of tinplate packaging products in China. It derives the majority of its geographical revenues from China.

Wan Cheng Metal Packaging Co (HKSE:08291) Headlines

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