Qingdao Richen Food Co (SHSE:603755) Days Sales Outstanding : 63.31 (As of Mar. 2025)

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What is Qingdao Richen Food Co Days Sales Outstanding?

Qingdao Richen Food Co's average Accounts Receivable for the three months ended in Mar. 2025 was ¥70.3 Mil. Qingdao Richen Food Co's Revenue for the three months ended in Mar. 2025 was ¥101.4 Mil. Hence, Qingdao Richen Food Co's Days Sales Outstanding for the three months ended in Mar. 2025 was 63.31.

The historical rank and industry rank for Qingdao Richen Food Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603755' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.21 Med: 66.16 Max: 95.51
Current: 61.52

During the past 11 years, Qingdao Richen Food Co's highest Days Sales Outstanding was 95.51. The lowest was 55.21. And the median was 66.16.

SHSE:603755's Days Sales Outstanding is ranked worse than
75.53% of 1876 companies
in the Consumer Packaged Goods industry
Industry Median: 39.49 vs SHSE:603755: 61.52

Qingdao Richen Food Co's Days Sales Outstanding increased from Mar. 2024 (61.83) to Mar. 2025 (63.31).

Qingdao Richen Food Co Days Sales Outstanding Historical Data

The historical data trend for Qingdao Richen Food 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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Qingdao Richen Food Co Days Sales Outstanding Chart

Qingdao Richen Food Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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66.85

62.38

77.14

68.20

65.46

Qingdao Richen Food Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Days Sales Outstanding	Get a 7-Day Free Trial															61.83	59.82	63.78	67.46	63.31

Competitive Comparison of Qingdao Richen Food Co's Days Sales Outstanding

For the Packaged Foods subindustry, Qingdao Richen Food 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.

Qingdao Richen Food Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Qingdao Richen Food Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Qingdao Richen Food Co's Days Sales Outstanding falls into.

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Qingdao Richen Food 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.

Qingdao Richen Food Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (69.288	+	75.883)	/	2 )	/	404.735	*	365
=	72.5855					/	404.735	*	365
=	65.46

Qingdao Richen Food Co's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding (Q: Mar. 2025 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2024 )	+	Accounts Receivable (A: Mar. 2025 ))	/	count )	/	Revenue (A: Mar. 2025 )	*	Days in Period
=	( (75.883	+	64.798)	/	2 )	/	101.386	*	365 / 4
=	70.3405					/	101.386	*	365 / 4
=	63.31

Qingdao Richen Food Co (SHSE:603755) Days Sales Outstanding Explanation

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

Qingdao Richen Food Co Days Sales Outstanding Related Terms

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Qingdao Richen Food Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Qingdao Richen Food Co Ltd (SHSE:603755) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Number 20, Longshan Road, Qingdao Environmental Protection Industrial Park, Jimo District, Shandong Province, Qingdao, CHN, 266200

Website

http://www.richen-qd.cn

Qingdao Richen Food Co Ltd produces seasonings, sauces, and other products. The group exports the products mainly to Asia, Europe and America. The products are widely used in various types of barbecue, fried food and prepared food production.

Executives

Zhang Hua Jun	Directors, senior managers
Sui Xi Dang	Supervisors
Cui Bao Jun	Directors, senior managers
Chen Ying	Directors, senior managers
Qu Hong Liang	Director

Qingdao Richen Food Co Headlines

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