Jinhui Liquor Co (SHSE:603919) Days Sales Outstanding : 2.87 (As of Sep. 2024)

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What is Jinhui Liquor Co Days Sales Outstanding?

Jinhui Liquor Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥18 Mil. Jinhui Liquor Co's Revenue for the three months ended in Sep. 2024 was ¥574 Mil. Hence, Jinhui Liquor Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 2.87.

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

SHSE:603919' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.98 Med: 2.72 Max: 3.84
Current: 2.13

During the past 13 years, Jinhui Liquor Co's highest Days Sales Outstanding was 3.84. The lowest was 0.98. And the median was 2.72.

SHSE:603919's Days Sales Outstanding is ranked better than
90.52% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.94 vs SHSE:603919: 2.13

Jinhui Liquor Co's Days Sales Outstanding declined from Sep. 2023 (2.90) to Sep. 2024 (2.87).

Jinhui Liquor Co Days Sales Outstanding Historical Data

The historical data trend for Jinhui Liquor 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.

* Premium members only.

Jinhui Liquor Co Days Sales Outstanding Chart

Jinhui Liquor Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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2.83

2.35

1.74

1.42

0.98

Jinhui Liquor Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															2.90	2.18	1.24	2.39	2.87

Competitive Comparison of Jinhui Liquor Co's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, Jinhui Liquor 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.

Jinhui Liquor Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Jinhui Liquor Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jinhui Liquor Co's Days Sales Outstanding falls into.

Jinhui Liquor 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.

Jinhui Liquor 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
=	( (6.485	+	7.185)	/	2 )	/	2547.607	*	365
=	6.835					/	2547.607	*	365
=	0.98

Jinhui Liquor Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (13.579	+	22.532)	/	2 )	/	574.231	*	365 / 4
=	18.0555					/	574.231	*	365 / 4
=	2.87

Jinhui Liquor Co (SHSE:603919) Days Sales Outstanding Explanation

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

Jinhui Liquor Co Days Sales Outstanding Related Terms

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Jinhui Liquor Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Jinhui Liquor Co Ltd (SHSE:603919) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Huixian, Gansu Province, Longnan, CHN, 742 300

Website

http://www.jinhuijiu.com

Jinhui Liquor Co Ltd engages in manufacturing and sales of wine & liquor, as well as design, development, manufacturing, and sale of packaging materials.

Executives

Wang Ning

senior management

Jinhui Liquor Co Headlines

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