Weilong Delicious Global Holdings (HKSE:09985) Days Sales Outstanding : 3.09 (As of Dec. 2023)

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What is Weilong Delicious Global Holdings Days Sales Outstanding?

Weilong Delicious Global Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$47 Mil. Weilong Delicious Global Holdings's Revenue for the six months ended in Dec. 2023 was HK$2,783 Mil. Hence, Weilong Delicious Global Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 3.09.

The historical rank and industry rank for Weilong Delicious Global Holdings's Days Sales Outstanding or its related term are showing as below:

HKSE:09985' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.01 Med: 3.63 Max: 5.04
Current: 3.84

During the past 5 years, Weilong Delicious Global Holdings's highest Days Sales Outstanding was 5.04. The lowest was 2.01. And the median was 3.63.

HKSE:09985's Days Sales Outstanding is ranked better than
96.8% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.25 vs HKSE:09985: 3.84

Weilong Delicious Global Holdings's Days Sales Outstanding declined from Dec. 2022 (4.75) to Dec. 2023 (3.09).

Weilong Delicious Global Holdings Days Sales Outstanding Historical Data

The historical data trend for Weilong Delicious Global Holdings'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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Weilong Delicious Global Holdings Days Sales Outstanding Chart

Weilong Delicious Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

2.01

2.58

3.63

5.04

4.47

Weilong Delicious Global Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			4.10	4.56	4.75	4.01	3.09

Competitive Comparison of Weilong Delicious Global Holdings's Days Sales Outstanding

For the Packaged Foods subindustry, Weilong Delicious Global Holdings'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.

Weilong Delicious Global Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Weilong Delicious Global Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Weilong Delicious Global Holdings's Days Sales Outstanding falls into.

Weilong Delicious Global Holdings 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.

Weilong Delicious Global Holdings'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
=	( (74.183	+	56.459)	/	2 )	/	5328.525	*	365
=	65.321					/	5328.525	*	365
=	4.47

Weilong Delicious Global Holdings'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
=	( (37.75	+	56.459)	/	2 )	/	2782.997	*	365 / 2
=	47.1045					/	2782.997	*	365 / 2
=	3.09

Weilong Delicious Global Holdings (HKSE:09985) Days Sales Outstanding Explanation

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

Weilong Delicious Global Holdings Days Sales Outstanding Related Terms

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Weilong Delicious Global Holdings (HKSE:09985) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Weilong Delicious Global Holdings Ltd (HKSE:09985) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Intersection of Dongfanghong Road and Zhongshan Road, Southwest Corner, Shaoling District, Henan, Luohe, CHN

Website

https://www.weilongshipin.com

Weilong Delicious Global Holdings Ltd is principally engaged in the production and sale of spicy snack food. The group is organized into business units based on the products and has three reportable operating segments namely, Seasoned flour products, comprising Big Latiao, Mini Latiao, Spicy Hot Stick, Mini Hot Stick and Kiss Burn; Vegetable products, comprising Konjac Shuang and Fengchi Kelp and Bean-based and other products, comprising Soft Tofu Skin, 78 Braised egg and meat products. Majority of the company's revenue is derived from Seasoned flour products and the business activities are conducted in China.

Executives

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Hh Global Capital Ltd
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Hh Green Philosophy Ltd	2305 Beneficiary of a trust
Hh Innovation Group Ltd	2305 Beneficiary of a trust
Liu Fuping	2305 Beneficiary of a trust
Liu Weiping	2305 Beneficiary of a trust

Weilong Delicious Global Holdings (HKSE:09985) Headlines

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