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China Foods Holdings (China Foods Holdings) Days Sales Outstanding : 14.98 (As of Dec. 2023)


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What is China Foods Holdings Days Sales Outstanding?

China Foods Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $0.02 Mil. China Foods Holdings's Revenue for the three months ended in Dec. 2023 was $0.13 Mil. Hence, China Foods Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 14.98.

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

CFOO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.16   Med: 27.99   Max: 50.82
Current: 27.26

During the past 13 years, China Foods Holdings's highest Days Sales Outstanding was 50.82. The lowest was 5.16. And the median was 27.99.

CFOO's Days Sales Outstanding is ranked better than
68.17% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs CFOO: 27.26

China Foods Holdings's Days Sales Outstanding increased from Dec. 2022 (2.47) to Dec. 2023 (14.98).


China Foods Holdings Days Sales Outstanding Historical Data

The historical data trend for China Foods Holdings'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.

China Foods Holdings Days Sales Outstanding Chart

China Foods Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 5.16 50.82

China Foods Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.47 38.02 65.18 91.25 14.98

Competitive Comparison of China Foods Holdings's Days Sales Outstanding

For the Packaged Foods subindustry, China Foods Holdings'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.


China Foods Holdings's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where China Foods Holdings's Days Sales Outstanding falls into.



China Foods Holdings 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.

China Foods Holdings'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
=( (0.005 + 0.039) / 2 ) / 0.158*365
=0.022 / 0.158*365
=50.82

China Foods Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (0.005 + 0.039) / 2 ) / 0.134*365 / 4
=0.022 / 0.134*365 / 4
=14.98

* 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.


China Foods Holdings  (OTCPK:CFOO) Days Sales Outstanding Explanation

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


China Foods Holdings Days Sales Outstanding Related Terms

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China Foods Holdings (China Foods Holdings) Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Room 2301A, China Resources Building, Wanchai, Hong Kong, HKG
Website
China Foods Holdings Ltd is a healthcare product distributing and marketing industry, developing and distributing health related products, including supplements, across the globe with a focus on mainland China, Europe and Australia. Its health products are designed to help enhance immunity and improve general wellbeing. The company has two segments; the Healthcare segment and the Wine segment. The healthcare segment mainly provides health consulting advisory services and healthcare and wellness products, such as Nutrition Catering, Special Health Food, Health supplements, and Skincare. The wine segment involves the sale of wine products. The majority of the company's revenue is generated from the Healthcare segment.
Executives
Xiao Jun Kong director, 10 percent owner, officer: CEO and CFO SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Cheng-ni Hu director 28 MACHANG ROAD TIANHE DISTRICT GUANGZHOU F4 510000
Yang Liu director EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Yunsi Liu director, officer: President EVERBRITE CENTRE SUITE 3102 108 GLOUCESTER ROAD HONG KONG K3 00000
Hy (hk) Financial Investments Co., Ltd. 10 percent owner SHUI ON CENTRE, 6-8 HARBOUR RD. UNIT 906 9/F WANCHAI K3 0000
Sean Escobar director, officer: Vice President 10344 SOUTH SILVER WILLOW DRIVE SANDY UT 84070
Anthony B Escobar director, 10 percent owner, officer: President PO BOX 2017 SANDY UT 84091-2017
Anthony P Coletti director, officer: Chief Accounting Officer 3032 WEST HARPER PEAK COURT SOUTH JORDAN UT 84095

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