Panda Dairy (SZSE:300898) Days Sales Outstanding : 13.74 (As of Mar. 2024)

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What is Panda Dairy Days Sales Outstanding?

Panda Dairy's average Accounts Receivable for the three months ended in Mar. 2024 was ¥27.8 Mil. Panda Dairy's Revenue for the three months ended in Mar. 2024 was ¥185.0 Mil. Hence, Panda Dairy's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.74.

The historical rank and industry rank for Panda Dairy's Days Sales Outstanding or its related term are showing as below:

SZSE:300898' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.83 Med: 14.5 Max: 20.09
Current: 11.83

During the past 12 years, Panda Dairy's highest Days Sales Outstanding was 20.09. The lowest was 11.83. And the median was 14.50.

SZSE:300898's Days Sales Outstanding is ranked better than
88.35% of 1846 companies
in the Consumer Packaged Goods industry
Industry Median: 39.01 vs SZSE:300898: 11.83

Panda Dairy's Days Sales Outstanding increased from Mar. 2023 (12.32) to Mar. 2024 (13.74).

Panda Dairy Days Sales Outstanding Historical Data

The historical data trend for Panda Dairy'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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Panda Dairy Days Sales Outstanding Chart

Panda Dairy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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20.09

17.67

12.38

13.69

14.44

Panda Dairy 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															12.32	9.78	12.84	15.16	13.74

Competitive Comparison of Panda Dairy's Days Sales Outstanding

For the Packaged Foods subindustry, Panda Dairy'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.

Panda Dairy's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Panda Dairy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Panda Dairy's Days Sales Outstanding falls into.

Panda Dairy 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.

Panda Dairy'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
=	( (38.972	+	35.929)	/	2 )	/	946.938	*	365
=	37.4505					/	946.938	*	365
=	14.44

Panda Dairy'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
=	( (35.929	+	19.769)	/	2 )	/	184.985	*	365 / 4
=	27.849					/	184.985	*	365 / 4
=	13.74

Panda Dairy (SZSE:300898) Days Sales Outstanding Explanation

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

Panda Dairy Days Sales Outstanding Related Terms

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Panda Dairy (SZSE:300898) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Panda Dairy Corp (SZSE:300898) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 650-668, Jianxing East Road, Zhejiang Province, Lingxi Town, Cangnan County, Wenzhou, CHN, 325800

Website

http://www.pandairy.com

Panda Dairy Corp is engaged in the production and sales of concentrated dairy products. The main products includes Panda sweetened condensed milk, evaporated milk, cheese and phytoprotein beverages.

Executives

Guo Hong	Director
Chen Mei Yue	Supervisors
Jiang Xian Zong	Supervisors
Chen Ping Hua	Executives
Lin Wen Zhen	Executives

Panda Dairy (SZSE:300898) Headlines

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