Jinzai Food Group Co (SZSE:003000) Days Sales Outstanding : 1.24 (As of Mar. 2024)

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What is Jinzai Food Group Co Days Sales Outstanding?

Jinzai Food Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥7 Mil. Jinzai Food Group Co's Revenue for the three months ended in Mar. 2024 was ¥540 Mil. Hence, Jinzai Food Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 1.24.

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

SZSE:003000' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.06 Med: 0.66 Max: 2
Current: 1.22

During the past 8 years, Jinzai Food Group Co's highest Days Sales Outstanding was 2.00. The lowest was 0.06. And the median was 0.66.

SZSE:003000's Days Sales Outstanding is ranked better than
98.97% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SZSE:003000: 1.22

Jinzai Food Group Co's Days Sales Outstanding declined from Mar. 2023 (2.00) to Mar. 2024 (1.24).

Jinzai Food Group Co Days Sales Outstanding Historical Data

The historical data trend for Jinzai Food 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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Jinzai Food Group Co Days Sales Outstanding Chart

Jinzai Food Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.46

0.66

1.17

2.00

1.65

Jinzai Food 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															2.00	1.24	0.98	1.35	1.24

Competitive Comparison of Jinzai Food Group Co's Days Sales Outstanding

For the Packaged Foods subindustry, Jinzai Food 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.

Jinzai Food Group Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

Jinzai Food 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.

Jinzai Food 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
=	( (9.974	+	8.665)	/	2 )	/	2065.207	*	365
=	9.3195					/	2065.207	*	365
=	1.65

Jinzai Food 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
=	( (8.665	+	6.057)	/	2 )	/	539.924	*	365 / 4
=	7.361					/	539.924	*	365 / 4
=	1.24

Jinzai Food Group Co (SZSE:003000) Days Sales Outstanding Explanation

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

Jinzai Food Group Co Days Sales Outstanding Related Terms

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Jinzai Food Group Co (SZSE:003000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jinzai Food Group Co Ltd (SZSE:003000) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Pingjiang Industrial Park, Hunan Province, Wushi Town, Pingjiang County, Yueyang, CHN, 414517

Website

Jinzai Food Group Co Ltd formerly Huawen Food Co Ltd is primarily involved in the pre-packaged food and bulk food business. The business activities of the company include production and sales of traditional flavor snack foods such as flavored fish and flavored dried bean curd.

Executives

Su Che Hui	Executives
Liu Te Yuan	Directors, executives

Jinzai Food Group Co (SZSE:003000) Headlines

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