Vietnam Dairy Products JSC (STC:VNM) Days Sales Outstanding : 30.63 (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Vietnam Dairy Products JSC Days Sales Outstanding?

Vietnam Dairy Products JSC's average Accounts Receivable for the three months ended in Mar. 2024 was ₫4,736,593 Mil. Vietnam Dairy Products JSC's Revenue for the three months ended in Mar. 2024 was ₫14,112,411 Mil. Hence, Vietnam Dairy Products JSC's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.63.

The historical rank and industry rank for Vietnam Dairy Products JSC's Days Sales Outstanding or its related term are showing as below:

STC:VNM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.14 Med: 22.81 Max: 28.54
Current: 28.17

During the past 13 years, Vietnam Dairy Products JSC's highest Days Sales Outstanding was 28.54. The lowest was 17.14. And the median was 22.81.

STC:VNM's Days Sales Outstanding is ranked better than
66.81% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs STC:VNM: 28.17

Vietnam Dairy Products JSC's Days Sales Outstanding declined from Mar. 2023 (31.45) to Mar. 2024 (30.63).

Vietnam Dairy Products JSC Days Sales Outstanding Historical Data

The historical data trend for Vietnam Dairy Products JSC'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.

Vietnam Dairy Products JSC Days Sales Outstanding Chart

Vietnam Dairy Products JSC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

22.21

23.40

25.59

27.40

28.54

Vietnam Dairy Products JSC 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															31.45	28.42	26.08	26.99	30.63

Competitive Comparison of Vietnam Dairy Products JSC's Days Sales Outstanding

For the Packaged Foods subindustry, Vietnam Dairy Products JSC'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.

Vietnam Dairy Products JSC's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vietnam Dairy Products JSC's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vietnam Dairy Products JSC's Days Sales Outstanding falls into.

Vietnam Dairy Products JSC 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.

Vietnam Dairy Products JSC'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
=	( (4633942.51	+	4808183.558)	/	2 )	/	60368915.512	*	365
=	4721063.034					/	60368915.512	*	365
=	28.54

Vietnam Dairy Products JSC'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
=	( (4808183.558	+	4665002.106)	/	2 )	/	14112411.317	*	365 / 4
=	4736592.832					/	14112411.317	*	365 / 4
=	30.63

Vietnam Dairy Products JSC (STC:VNM) Days Sales Outstanding Explanation

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

Vietnam Dairy Products JSC Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vietnam Dairy Products JSC's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Vietnam Dairy Products JSC (STC:VNM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Vietnam Dairy Products JSC (STC:VNM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh, VNM

Website

https://www.vinamilk.com.vn

Vietnam Dairy Products JSC is a Vietnam-based company engaged in providing milk and dairy products. It manufactures and distributes milk cake, soya milk, fresh milk, refreshment drinks, bottled milk, powdered milk, nutritious powder, and other products from milk. It trades processed foods, spare parts and accessories, materials, and chemical substances. The company is also involved in the manufacture, sale, and distribution of beverages, grocery and processing foods, and roasted-ground filtered and instant coffee. In addition, it is involved in trading in houses, brokerage, and leasing of real estate as well as warehousing, loading, and transportation services amongst others.

Vietnam Dairy Products JSC (STC:VNM) Headlines

From GuruFocus

Vietnam: The Rising Benefactor of the US-China Trade War

By Mark Yu Mark Yu • 09-04-2019

Why Vietnam Takes the Lead in Rate Cuts

By Long Tran Thang • 03-17-2023