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Guilin Seamild Foods Co (SZSE:002956) Days Sales Outstanding : 19.11 (As of Jun. 2024)


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What is Guilin Seamild Foods Co Days Sales Outstanding?

Guilin Seamild Foods Co's average Accounts Receivable for the three months ended in Jun. 2024 was ¥85 Mil. Guilin Seamild Foods Co's Revenue for the three months ended in Jun. 2024 was ¥408 Mil. Hence, Guilin Seamild Foods Co's Days Sales Outstanding for the three months ended in Jun. 2024 was 19.11.

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

SZSE:002956' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.37   Med: 20.26   Max: 24.41
Current: 15.37

During the past 10 years, Guilin Seamild Foods Co's highest Days Sales Outstanding was 24.41. The lowest was 15.37. And the median was 20.26.

SZSE:002956's Days Sales Outstanding is ranked better than
84.5% of 1884 companies
in the Consumer Packaged Goods industry
Industry Median: 38.93 vs SZSE:002956: 15.37

Guilin Seamild Foods Co's Days Sales Outstanding declined from Jun. 2023 (19.60) to Jun. 2024 (19.11).


Guilin Seamild Foods Co Days Sales Outstanding Historical Data

The historical data trend for Guilin Seamild Foods 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.

Guilin Seamild Foods Co Days Sales Outstanding Chart

Guilin Seamild Foods Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.59 20.44 20.07 19.87 16.75

Guilin Seamild Foods Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.60 15.99 15.55 12.00 19.11

Competitive Comparison of Guilin Seamild Foods Co's Days Sales Outstanding

For the Packaged Foods subindustry, Guilin Seamild Foods 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.


Guilin Seamild Foods Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Guilin Seamild Foods Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guilin Seamild Foods Co's Days Sales Outstanding falls into.



Guilin Seamild Foods 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.

Guilin Seamild Foods 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
=( (77.331 + 67.521) / 2 ) / 1577.999*365
=72.426 / 1577.999*365
=16.75

Guilin Seamild Foods Co's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (81.228 + 89.485) / 2 ) / 407.621*365 / 4
=85.3565 / 407.621*365 / 4
=19.11

* 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.


Guilin Seamild Foods Co  (SZSE:002956) Days Sales Outstanding Explanation

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


Guilin Seamild Foods Co Days Sales Outstanding Related Terms

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Guilin Seamild Foods Co Business Description

Traded in Other Exchanges
N/A
Address
No. 45, Luan Road, Qixing District, Guilin, CHN, 541004
Guilin Seamild Foods Co Ltd manufactures food products. The company produces and markets oats products.
Executives
Zhang Zhi Xiong Executives
He Jian Ping Securities Affairs Representative

Guilin Seamild Foods Co Headlines

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