Zhengye International Holdings Co (HKSE:03363) Days Sales Outstanding : 110.13 (As of Dec. 2023)

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What is Zhengye International Holdings Co Days Sales Outstanding?

Zhengye International Holdings Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$809 Mil. Zhengye International Holdings Co's Revenue for the six months ended in Dec. 2023 was HK$1,341 Mil. Hence, Zhengye International Holdings Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 110.13.

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

HKSE:03363' s Days Sales Outstanding Range Over the Past 10 Years
Min: 88.79 Med: 112.15 Max: 128.98
Current: 114.11

During the past 13 years, Zhengye International Holdings Co's highest Days Sales Outstanding was 128.98. The lowest was 88.79. And the median was 112.15.

HKSE:03363's Days Sales Outstanding is ranked worse than
90.59% of 287 companies
in the Forest Products industry
Industry Median: 54.58 vs HKSE:03363: 114.11

Zhengye International Holdings Co's Days Sales Outstanding increased from Dec. 2022 (104.92) to Dec. 2023 (110.13).

Zhengye International Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Zhengye International Holdings 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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Zhengye International Holdings Co Days Sales Outstanding Chart

Zhengye International Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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128.98

114.40

97.55

115.02

117.87

Zhengye International Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															89.88	113.71	104.92	114.44	110.13

Competitive Comparison of Zhengye International Holdings Co's Days Sales Outstanding

For the Paper & Paper Products subindustry, Zhengye International Holdings 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.

Zhengye International Holdings Co's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Zhengye International Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zhengye International Holdings Co's Days Sales Outstanding falls into.

Zhengye International Holdings 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.

Zhengye International Holdings 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
=	( (834.465	+	854.28)	/	2 )	/	2614.697	*	365
=	844.3725					/	2614.697	*	365
=	117.87

Zhengye International Holdings Co'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (763.577	+	854.28)	/	2 )	/	1340.51	*	365 / 2
=	808.9285					/	1340.51	*	365 / 2
=	110.13

Zhengye International Holdings Co (HKSE:03363) Days Sales Outstanding Explanation

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

Zhengye International Holdings Co Days Sales Outstanding Related Terms

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Zhengye International Holdings Co (HKSE:03363) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Zhengye International Holdings Co Ltd (HKSE:03363) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Boai No.6 Road, 20th Floor, Building 2, Ocean Plaza, Eastern District, Guangdong, Zhongshan, CHN

Website

http://www.zhengye-cn.com

Zhengye International Holdings Co Ltd is an investment holding company. The company, along with its subsidiaries, is principally engaged in the manufacturing and sale of paper, paperboard and paper-based packaging products. Operating Segments of the company are 1) Packaging paper segment produces and sells corrugated medium paper and craft paper. 2) Paper-based packaging products segment produces and sells craft cartons, color-printed cartons, honeycomb paper products and color box packaging. It operates in PRC.

Zhengye International Holdings Co (HKSE:03363) Headlines

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