Guangzhou Restaurant Group Co (SHSE:603043) Days Sales Outstanding : 14.17 (As of Mar. 2024)

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What is Guangzhou Restaurant Group Co Days Sales Outstanding?

Guangzhou Restaurant Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥157 Mil. Guangzhou Restaurant Group Co's Revenue for the three months ended in Mar. 2024 was ¥1,012 Mil. Hence, Guangzhou Restaurant Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 14.17.

The historical rank and industry rank for Guangzhou Restaurant Group Co's Days Sales Outstanding or its related term are showing as below:

SHSE:603043' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.72 Med: 11.25 Max: 14.57
Current: 14.57

During the past 13 years, Guangzhou Restaurant Group Co's highest Days Sales Outstanding was 14.57. The lowest was 9.72. And the median was 11.25.

SHSE:603043's Days Sales Outstanding is ranked worse than
60.88% of 340 companies
in the Restaurants industry
Industry Median: 11.605 vs SHSE:603043: 14.57

Guangzhou Restaurant Group Co's Days Sales Outstanding declined from Mar. 2023 (15.83) to Mar. 2024 (14.17).

Guangzhou Restaurant Group Co Days Sales Outstanding Historical Data

The historical data trend for Guangzhou Restaurant Group 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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Guangzhou Restaurant Group Co Days Sales Outstanding Chart

Guangzhou Restaurant Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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11.27

14.11

12.65

12.51

10.65

Guangzhou Restaurant Group 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															15.83	17.57	10.87	22.61	14.17

Competitive Comparison of Guangzhou Restaurant Group Co's Days Sales Outstanding

For the Restaurants subindustry, Guangzhou Restaurant Group 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.

Guangzhou Restaurant Group Co's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Guangzhou Restaurant Group Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangzhou Restaurant Group Co's Days Sales Outstanding falls into.

Guangzhou Restaurant Group 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.

Guangzhou Restaurant Group 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
=	( (147.126	+	138.834)	/	2 )	/	4900.549	*	365
=	142.98					/	4900.549	*	365
=	10.65

Guangzhou Restaurant Group 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
=	( (138.834	+	175.535)	/	2 )	/	1012.349	*	365 / 4
=	157.1845					/	1012.349	*	365 / 4
=	14.17

Guangzhou Restaurant Group Co (SHSE:603043) Days Sales Outstanding Explanation

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

Guangzhou Restaurant Group Co Days Sales Outstanding Related Terms

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Guangzhou Restaurant Group Co (SHSE:603043) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Guangzhou Restaurant Group Co Ltd (SHSE:603043) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

12th Floor, Office Building, Ximenkou Square, No. 50, Zhongshan Road, Liwan District, Guangdong Province, Guangzhou City, CHN, 510170

Website

http://www.gzr.com.cn

Guangzhou Restaurant Group Co Ltd is a catering service and food production company. Its catering brands include Guangzhou Restaurant, Tianji and Westernland, Good and tangible, food brand Likoufu and Autumn Wind, with Guangzhou restaurant and food restaurants, Western-style Western-style light meals, good and tangible fusion restaurant, large food processing base and more than 160 Home food chain cake house.

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