HNWDF (Honworld Group) Days Sales Outstanding : 25.03 (As of Jun. 2024)

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What is Honworld Group Days Sales Outstanding?

Honworld Group's average Accounts Receivable for the six months ended in Jun. 2024 was $2.73 Mil. Honworld Group's Revenue for the six months ended in Jun. 2024 was $19.89 Mil. Hence, Honworld Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 25.03.

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

HNWDF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.15 Med: 66.6 Max: 176.07
Current: 27.15

During the past 12 years, Honworld Group's highest Days Sales Outstanding was 176.07. The lowest was 27.15. And the median was 66.60.

HNWDF's Days Sales Outstanding is ranked better than
66.88% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 38.93 vs HNWDF: 27.15

Honworld Group's Days Sales Outstanding declined from Jun. 2023 (30.72) to Jun. 2024 (25.03).

Honworld Group Days Sales Outstanding Historical Data

The historical data trend for Honworld 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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Honworld Group Days Sales Outstanding Chart

Honworld Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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175.77

37.84

28.18

27.84

29.45

Honworld Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															25.98	27.82	30.72	29.74	25.03

Competitive Comparison of Honworld Group's Days Sales Outstanding

For the Packaged Foods subindustry, Honworld 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.

Honworld Group's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Honworld Group's Days Sales Outstanding distribution charts can be found below:

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

Honworld 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.

Honworld 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
=	( (2.938	+	2.91)	/	2 )	/	36.243	*	365
=	2.924					/	36.243	*	365
=	29.45

Honworld Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (2.91	+	2.544)	/	2 )	/	19.887	*	365 / 2
=	2.727					/	19.887	*	365 / 2
=	25.03

Honworld Group (OTCPK:HNWDF) Days Sales Outstanding Explanation

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

Honworld Group Days Sales Outstanding Related Terms

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Honworld Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Honworld Group Ltd (OTCPK:HNWDF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

02226:Hong Kong

Address

No.299, Zhongxing Avenue, Balidian Town, Food and Industrial Park, Wuxing District, Zhejiang Province, Huzhou, CHN, 313000

Website

http://www.hzlaohenghe.com

Honworld Group Ltd is a China-based investment holding company. Through its subsidiaries, the company is engaged in manufacturing and selling condiment products under the brand name of Lao Heng He in the PRC. Its product categories include High-end, Normal, and Catering Services. The products include healthy brewed cooking wine as well as other condiments, including naturally-brewed soy sauce, naturally-brewed vinegar, soybean paste, sesame oil, and fermented bean curd company operates in a single segment named as Food segment.

Honworld Group Headlines

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