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Zuming Bean Products Co (SZSE:003030) Days Sales Outstanding : 34.89 (As of Mar. 2024)


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What is Zuming Bean Products Co Days Sales Outstanding?

Zuming Bean Products Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥146 Mil. Zuming Bean Products Co's Revenue for the three months ended in Mar. 2024 was ¥381 Mil. Hence, Zuming Bean Products Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 34.89.

The historical rank and industry rank for Zuming Bean Products Co's Days Sales Outstanding or its related term are showing as below:

SZSE:003030' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.18   Med: 34.32   Max: 40.23
Current: 30.97

During the past 10 years, Zuming Bean Products Co's highest Days Sales Outstanding was 40.23. The lowest was 29.18. And the median was 34.32.

SZSE:003030's Days Sales Outstanding is ranked better than
63.01% of 1841 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SZSE:003030: 30.97

Zuming Bean Products Co's Days Sales Outstanding increased from Mar. 2023 (34.16) to Mar. 2024 (34.89).


Zuming Bean Products Co Days Sales Outstanding Historical Data

The historical data trend for Zuming Bean Products 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.

Zuming Bean Products Co Days Sales Outstanding Chart

Zuming Bean Products Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.88 32.29 34.71 33.15 33.48

Zuming Bean Products Co Quarterly Data
Dec18 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 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 34.16 30.90 29.03 28.92 34.89

Competitive Comparison of Zuming Bean Products Co's Days Sales Outstanding

For the Packaged Foods subindustry, Zuming Bean Products 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.


Zuming Bean Products Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Zuming Bean Products Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zuming Bean Products Co's Days Sales Outstanding falls into.



Zuming Bean Products 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.

Zuming Bean Products 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
=( (128.571 + 142.605) / 2 ) / 1478.382*365
=135.588 / 1478.382*365
=33.48

Zuming Bean Products 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
=( (142.605 + 148.745) / 2 ) / 380.991*365 / 4
=145.675 / 380.991*365 / 4
=34.89

* 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.


Zuming Bean Products Co  (SZSE:003030) Days Sales Outstanding Explanation

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


Zuming Bean Products Co Days Sales Outstanding Related Terms

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Zuming Bean Products Co (SZSE:003030) Business Description

Traded in Other Exchanges
N/A
Address
77 Jiangling Road, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051
Zuming Bean Products Co Ltd is engaged in the development, production and sales of soy products. The company offers fresh bean products, tofu, protein drinks, bean sprouts, starches, and other products.

Zuming Bean Products Co (SZSE:003030) Headlines

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