Guangxi Rural Investment Sugar Industry Group Co (SZSE:000911) Days Sales Outstanding : 38.13 (As of Mar. 2024)

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What is Guangxi Rural Investment Sugar Industry Group Co Days Sales Outstanding?

Guangxi Rural Investment Sugar Industry Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥397 Mil. Guangxi Rural Investment Sugar Industry Group Co's Revenue for the three months ended in Mar. 2024 was ¥951 Mil. Hence, Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.13.

The historical rank and industry rank for Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding or its related term are showing as below:

SZSE:000911' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.22 Med: 50.08 Max: 86.68
Current: 43.51

During the past 13 years, Guangxi Rural Investment Sugar Industry Group Co's highest Days Sales Outstanding was 86.68. The lowest was 37.22. And the median was 50.08.

SZSE:000911's Days Sales Outstanding is ranked worse than
55.69% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.125 vs SZSE:000911: 43.51

Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding increased from Mar. 2023 (28.29) to Mar. 2024 (38.13).

Guangxi Rural Investment Sugar Industry Group Co Days Sales Outstanding Historical Data

The historical data trend for Guangxi Rural Investment Sugar Industry 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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Guangxi Rural Investment Sugar Industry Group Co Days Sales Outstanding Chart

Guangxi Rural Investment Sugar Industry Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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37.22

38.54

43.08

46.35

43.50

Guangxi Rural Investment Sugar Industry 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															28.29	61.04	85.67	28.48	38.13

Competitive Comparison of Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding

For the Confectioners subindustry, Guangxi Rural Investment Sugar Industry 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.

Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangxi Rural Investment Sugar Industry Group Co's Days Sales Outstanding falls into.

Guangxi Rural Investment Sugar Industry 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.

Guangxi Rural Investment Sugar Industry 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
=	( (392.17	+	410.075)	/	2 )	/	3365.431	*	365
=	401.1225					/	3365.431	*	365
=	43.50

Guangxi Rural Investment Sugar Industry 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
=	( (410.075	+	384.516)	/	2 )	/	950.872	*	365 / 4
=	397.2955					/	950.872	*	365 / 4
=	38.13

Guangxi Rural Investment Sugar Industry Group Co (SZSE:000911) Days Sales Outstanding Explanation

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

Guangxi Rural Investment Sugar Industry Group Co Days Sales Outstanding Related Terms

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Guangxi Rural Investment Sugar Industry Group Co (SZSE:000911) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Guangxi Rural Investment Sugar Industry Group Co Ltd (SZSE:000911) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 30, Xiangzhu Avenue, Qingxiu District, Guangxi Zhuang Autonomous Region, Nanning, CHN, 530023

Website

http://www.nnsugar.com

Guangxi Rural Investment Sugar Industry Group Co Ltd is a China-based company mainly engaged in the production and sales of mechanism sugar and mechanism paper. Its products include Mingyang brand white sugar, Yunou brand white sugar, and Damingshan brand white granulated sugar.

Executives

Liang Ge Fu	Independent director
Hu Chao Yong	Executives
Wang Guo Liang	Director
Lu Tian Mei	Director
Du Da Qiang	Supervisors
Wei Yong Shang	Executives

Guangxi Rural Investment Sugar Industry Group Co (SZSE:000911) Headlines

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