Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Days Sales Outstanding : 22.70 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Kuaijishan Shaoxing Rice Wine Co Days Sales Outstanding?

Kuaijishan Shaoxing Rice Wine Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥109 Mil. Kuaijishan Shaoxing Rice Wine Co's Revenue for the three months ended in Mar. 2024 was ¥437 Mil. Hence, Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 22.70.

The historical rank and industry rank for Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding or its related term are showing as below:

SHSE:601579' s Days Sales Outstanding Range Over the Past 10 Years
Min: 23.18 Med: 30.49 Max: 39.39
Current: 30.61

During the past 13 years, Kuaijishan Shaoxing Rice Wine Co's highest Days Sales Outstanding was 39.39. The lowest was 23.18. And the median was 30.49.

SHSE:601579's Days Sales Outstanding is ranked better than
64.45% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.3 vs SHSE:601579: 30.61

Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding declined from Mar. 2023 (25.60) to Mar. 2024 (22.70).

Kuaijishan Shaoxing Rice Wine Co Days Sales Outstanding Historical Data

The historical data trend for Kuaijishan Shaoxing Rice Wine 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.

Kuaijishan Shaoxing Rice Wine Co Days Sales Outstanding Chart

Kuaijishan Shaoxing Rice Wine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

39.39

35.04

26.51

26.35

23.18

Kuaijishan Shaoxing Rice Wine 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															25.60	46.71	42.84	21.51	22.70

Competitive Comparison of Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, Kuaijishan Shaoxing Rice Wine 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.

Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding falls into.

Kuaijishan Shaoxing Rice Wine 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.

Kuaijishan Shaoxing Rice Wine 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
=	( (98.964	+	80.271)	/	2 )	/	1411.299	*	365
=	89.6175					/	1411.299	*	365
=	23.18

Kuaijishan Shaoxing Rice Wine 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
=	( (80.271	+	137.212)	/	2 )	/	437.144	*	365 / 4
=	108.7415					/	437.144	*	365 / 4
=	22.70

Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Days Sales Outstanding Explanation

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

Kuaijishan Shaoxing Rice Wine Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Kuaijishan Shaoxing Rice Wine Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Kuaijishan Shaoxing Rice Wine Co Ltd (SHSE:601579) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 1053, Jianhu Road, Keqiao District, Zhejiang, Shaoxing, CHN

Website

http://www.kuaijishanwine.com/

Kuaijishan Shaoxing Rice Wine Co Ltd produces and sells rice wine in China. The company provides its products under the brand name of Huijishan. It distributes its products within domestic market and to overseas markets, including Japan, Singapore, Hong Kong, Macau, and others.

Executives

Gao Jian

Director

Kuaijishan Shaoxing Rice Wine Co (SHSE:601579) Headlines

No Headlines