Shandong Bailong Chuangyuan Bio-Tech Co (SHSE:605016) Days Sales Outstanding : 65.76 (As of Mar. 2024)

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What is Shandong Bailong Chuangyuan Bio-Tech Co Days Sales Outstanding?

Shandong Bailong Chuangyuan Bio-Tech Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥181.7 Mil. Shandong Bailong Chuangyuan Bio-Tech Co's Revenue for the three months ended in Mar. 2024 was ¥252.1 Mil. Hence, Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.76.

The historical rank and industry rank for Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding or its related term are showing as below:

SHSE:605016' s Days Sales Outstanding Range Over the Past 10 Years
Min: 65.61 Med: 75.68 Max: 90.21
Current: 71.08

During the past 8 years, Shandong Bailong Chuangyuan Bio-Tech Co's highest Days Sales Outstanding was 90.21. The lowest was 65.61. And the median was 75.68.

SHSE:605016's Days Sales Outstanding is ranked worse than
82.39% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs SHSE:605016: 71.08

Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding declined from Mar. 2023 (76.68) to Mar. 2024 (65.76).

Shandong Bailong Chuangyuan Bio-Tech Co Days Sales Outstanding Historical Data

The historical data trend for Shandong Bailong Chuangyuan Bio-Tech 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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Shandong Bailong Chuangyuan Bio-Tech Co Days Sales Outstanding Chart

Shandong Bailong Chuangyuan Bio-Tech Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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77.08

84.11

74.28

73.96

66.79

Shandong Bailong Chuangyuan Bio-Tech Co Quarterly Data
	Dec18	Jun19	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															76.68	71.77	68.50	77.01	65.76

Competitive Comparison of Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding

For the Packaged Foods subindustry, Shandong Bailong Chuangyuan Bio-Tech 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.

Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shandong Bailong Chuangyuan Bio-Tech Co's Days Sales Outstanding falls into.

Shandong Bailong Chuangyuan Bio-Tech 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.

Shandong Bailong Chuangyuan Bio-Tech 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
=	( (150.571	+	167.202)	/	2 )	/	868.26	*	365
=	158.8865					/	868.26	*	365
=	66.79

Shandong Bailong Chuangyuan Bio-Tech 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
=	( (167.202	+	196.142)	/	2 )	/	252.107	*	365 / 4
=	181.672					/	252.107	*	365 / 4
=	65.76

Shandong Bailong Chuangyuan Bio-Tech Co (SHSE:605016) Days Sales Outstanding Explanation

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

Shandong Bailong Chuangyuan Bio-Tech Co Days Sales Outstanding Related Terms

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Shandong Bailong Chuangyuan Bio-Tech Co (SHSE:605016) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Bailong Chuangyuan Bio-Tech Co Ltd (SHSE:605016) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Dexin Street, National High-tech Industrial Development Zone, Yucheng, Shandong Province, Dezhou, CHN, 251200

Website

http://www.sdblcy.com

Shandong Bailong Chuangyuan Bio-Tech Co Ltd is engaged in the research and development, production and sales of prebiotic series products, dietary fiber series products, other starch sugar (alcohol) series products and healthy sweetener products.

Executives

Zhang An Guo

Director

Shandong Bailong Chuangyuan Bio-Tech Co (SHSE:605016) Headlines

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