Yantai Shuangta Food Co (SZSE:002481) Days Sales Outstanding : 46.04 (As of Mar. 2024)

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What is Yantai Shuangta Food Co Days Sales Outstanding?

Yantai Shuangta Food Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥220 Mil. Yantai Shuangta Food Co's Revenue for the three months ended in Mar. 2024 was ¥435 Mil. Hence, Yantai Shuangta Food Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 46.04.

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

SZSE:002481' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.48 Med: 32.23 Max: 43.81
Current: 35.79

During the past 13 years, Yantai Shuangta Food Co's highest Days Sales Outstanding was 43.81. The lowest was 28.48. And the median was 32.23.

SZSE:002481's Days Sales Outstanding is ranked better than
55.3% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SZSE:002481: 35.79

Yantai Shuangta Food Co's Days Sales Outstanding increased from Mar. 2023 (38.08) to Mar. 2024 (46.04).

Yantai Shuangta Food Co Days Sales Outstanding Historical Data

The historical data trend for Yantai Shuangta 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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Yantai Shuangta Food Co Days Sales Outstanding Chart

Yantai Shuangta Food Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

30.15

30.44

36.35

34.02

30.33

Yantai Shuangta Food 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															38.08	44.62	37.29	24.39	46.04

Competitive Comparison of Yantai Shuangta Food Co's Days Sales Outstanding

For the Packaged Foods subindustry, Yantai Shuangta 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.

Yantai Shuangta Food Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

Yantai Shuangta 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.

Yantai Shuangta Food 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
=	( (182.01	+	226.209)	/	2 )	/	2455.941	*	365
=	204.1095					/	2455.941	*	365
=	30.33

Yantai Shuangta Food 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
=	( (226.209	+	212.856)	/	2 )	/	435.094	*	365 / 4
=	219.5325					/	435.094	*	365 / 4
=	46.04

Yantai Shuangta Food Co (SZSE:002481) Days Sales Outstanding Explanation

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

Yantai Shuangta Food Co Days Sales Outstanding Related Terms

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Yantai Shuangta Food Co (SZSE:002481) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yantai Shuangta Food Co Ltd (SZSE:002481) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Jinling Town, Zhaoyuan city, Shandong province, CHN, 265404

Website

http://www.shuangtafensi.com

Yantai Shuangta Food Co Ltd is engaged in the production of vermicelli in China. The company's main products include pure bean vermicelli, grain vermicelli, sweet potato vermicelli, pea protein, dietary fiber and edible fungus, among others.

Executives

Li Yu Lin	Directors, executives
Liu Shu Xian	Director
Ma Ju Ping	Supervisors
Yang Jun Min	Director
Sui Jun Mei	Directors, executives
Zhang Dai Min	Directors, executives
Ma Dian Yun	Supervisors
Zhao Xue Wei	Independent director
Li Na Jun	Securities Affairs Representative
Wang Mei Rong	Supervisors
Shao Wan Bin	Director

Yantai Shuangta Food Co (SZSE:002481) Headlines

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