Ribo Fashion Group Co (SHSE:603196) Days Sales Outstanding : 34.47 (As of Mar. 2024)

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What is Ribo Fashion Group Co Days Sales Outstanding?

Ribo Fashion Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥76.2 Mil. Ribo Fashion Group Co's Revenue for the three months ended in Mar. 2024 was ¥201.6 Mil. Hence, Ribo Fashion Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.47.

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

SHSE:603196' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.85 Med: 25.48 Max: 27.71
Current: 20.53

During the past 12 years, Ribo Fashion Group Co's highest Days Sales Outstanding was 27.71. The lowest was 14.85. And the median was 25.48.

SHSE:603196's Days Sales Outstanding is ranked better than
87.89% of 1032 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 53.335 vs SHSE:603196: 20.53

Ribo Fashion Group Co's Days Sales Outstanding increased from Mar. 2023 (14.48) to Mar. 2024 (34.47).

Ribo Fashion Group Co Days Sales Outstanding Historical Data

The historical data trend for Ribo Fashion Group 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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Ribo Fashion Group Co Days Sales Outstanding Chart

Ribo Fashion Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.57

26.46

14.85

15.68

23.02

Ribo Fashion Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															14.48	14.44	16.18	20.32	34.47

Competitive Comparison of Ribo Fashion Group Co's Days Sales Outstanding

For the Apparel Manufacturing subindustry, Ribo Fashion Group 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.

Ribo Fashion Group Co's Days Sales Outstanding Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ribo Fashion Group Co's Days Sales Outstanding distribution charts can be found below:

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

Ribo Fashion Group 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.

Ribo Fashion Group 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
=	( (42.243	+	87.294)	/	2 )	/	1026.955	*	365
=	64.7685					/	1026.955	*	365
=	23.02

Ribo Fashion Group Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (87.294	+	65.009)	/	2 )	/	201.585	*	365 / 4
=	76.1515					/	201.585	*	365 / 4
=	34.47

Ribo Fashion Group Co (SHSE:603196) Days Sales Outstanding Explanation

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

Ribo Fashion Group Co Days Sales Outstanding Related Terms

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Ribo Fashion Group Co (SHSE:603196) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Ribo Fashion Group Co Ltd (SHSE:603196) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 98, Rongyang Road, Zhongshan Street, Songjiang District, Shanghai, CHN, 201600

Website

http://www.ribo.cn

Ribo Fashion Group Co Ltd is engaged in the creative design of quality clothing, process technology, research and development and production and sales, focusing on high-end fashion women's clothing field. Its main products include blouses and shirts, coats, trousers, dresses and skirts and others. The company sells its products under the Broadcast, Personal Point, TAORAY WANG, and CRZ brands.

Executives

Zhang Yun Ju	senior management
Wang Cheng Yu	Directors, senior managers
Lin Liang	Directors, senior managers
Wang Wei Dong	Director
Zheng Zheng	Director

Ribo Fashion Group Co (SHSE:603196) Headlines

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