Xinjiangyram Modern Agriculture Co (SHSE:600540) Days Sales Outstanding : 8.62 (As of Mar. 2024)

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What is Xinjiangyram Modern Agriculture Co Days Sales Outstanding?

Xinjiangyram Modern Agriculture Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥28 Mil. Xinjiangyram Modern Agriculture Co's Revenue for the three months ended in Mar. 2024 was ¥295 Mil. Hence, Xinjiangyram Modern Agriculture Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.62.

The historical rank and industry rank for Xinjiangyram Modern Agriculture Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600540' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.64 Med: 27.04 Max: 78.03
Current: 7.36

During the past 13 years, Xinjiangyram Modern Agriculture Co's highest Days Sales Outstanding was 78.03. The lowest was 6.64. And the median was 27.04.

SHSE:600540's Days Sales Outstanding is ranked better than
93.54% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SHSE:600540: 7.36

Xinjiangyram Modern Agriculture Co's Days Sales Outstanding increased from Mar. 2023 (7.46) to Mar. 2024 (8.62).

Xinjiangyram Modern Agriculture Co Days Sales Outstanding Historical Data

The historical data trend for Xinjiangyram Modern Agriculture 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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Xinjiangyram Modern Agriculture Co Days Sales Outstanding Chart

Xinjiangyram Modern Agriculture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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14.94

11.16

7.08

6.64

8.97

Xinjiangyram Modern Agriculture 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															7.46	6.69	129.87	3.09	8.62

Competitive Comparison of Xinjiangyram Modern Agriculture Co's Days Sales Outstanding

For the Farm Products subindustry, Xinjiangyram Modern Agriculture 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.

Xinjiangyram Modern Agriculture Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Xinjiangyram Modern Agriculture Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Xinjiangyram Modern Agriculture Co's Days Sales Outstanding falls into.

Xinjiangyram Modern Agriculture 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.

Xinjiangyram Modern Agriculture 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
=	( (26.547	+	21.203)	/	2 )	/	971.635	*	365
=	23.875					/	971.635	*	365
=	8.97

Xinjiangyram Modern Agriculture 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
=	( (21.203	+	34.522)	/	2 )	/	294.85	*	365 / 4
=	27.8625					/	294.85	*	365 / 4
=	8.62

Xinjiangyram Modern Agriculture Co (SHSE:600540) Days Sales Outstanding Explanation

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

Xinjiangyram Modern Agriculture Co Days Sales Outstanding Related Terms

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Xinjiangyram Modern Agriculture Co (SHSE:600540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xinjiang Sayram Modern Agriculture Co Ltd (SHSE:600540) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 158 Hongxing Road, Bole, Xinjiang, CHN, 833400

Website

http://www.xinsai.com.cn

Xinjiang Sayram Modern Agriculture Co Ltd is mainly engaged in the fruit industry. The company is an agricultural enterprise integrating planting, refrigeration, warehousing, research and development, processing and sales. The company produces Korla pear, Turpan raisins, Xinjiang red dates, Badan wood, and figs.

Xinjiangyram Modern Agriculture Co (SHSE:600540) Headlines

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