Zoneco Group Co (SZSE:002069) Days Sales Outstanding : 54.22 (As of Mar. 2024)

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What is Zoneco Group Co Days Sales Outstanding?

Zoneco Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥219 Mil. Zoneco Group Co's Revenue for the three months ended in Mar. 2024 was ¥369 Mil. Hence, Zoneco Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.22.

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

SZSE:002069' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.19 Med: 45.09 Max: 54.74
Current: 49.75

During the past 13 years, Zoneco Group Co's highest Days Sales Outstanding was 54.74. The lowest was 26.19. And the median was 45.09.

SZSE:002069's Days Sales Outstanding is ranked worse than
64.57% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.36 vs SZSE:002069: 49.75

Zoneco Group Co's Days Sales Outstanding declined from Mar. 2023 (55.06) to Mar. 2024 (54.22).

Zoneco Group Co Days Sales Outstanding Historical Data

The historical data trend for Zoneco 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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Zoneco Group Co Days Sales Outstanding Chart

Zoneco Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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45.25

53.26

44.93

46.38

54.74

Zoneco 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															55.06	41.16	51.23	61.20	54.22

Competitive Comparison of Zoneco Group Co's Days Sales Outstanding

For the Farm Products subindustry, Zoneco 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.

Zoneco Group Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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

Zoneco 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.

Zoneco 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
=	( (251.761	+	251.36)	/	2 )	/	1677.474	*	365
=	251.5605					/	1677.474	*	365
=	54.74

Zoneco 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
=	( (251.36	+	187.127)	/	2 )	/	369.004	*	365 / 4
=	219.2435					/	369.004	*	365 / 4
=	54.22

Zoneco Group Co (SZSE:002069) Days Sales Outstanding Explanation

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

Zoneco Group Co Days Sales Outstanding Related Terms

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Zoneco Group Co (SZSE:002069) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Zoneco Group Co Ltd (SZSE:002069) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No.6 Gangxing Road, 26-28th Floor Wanda Center Mansion, Zhongshan District, Dalian, Liaoning, CHN, 116001

Website

http://www.zhangzidao.com

Zoneco Group Co Ltd is a China-based company engaged in the marine ranch business. Its business activities include breeding, raising, processing, and distribution of aquatic products. The company produces a variety of sea treasures such as scallops, abalone, sea cucumber, oyster island oyster, conch, sea urchin, and true sea squirt. It also offers integrating cold chain logistics, marine leisure, fishery equipment, underwater tourism, sea sports, leisure and holiday, sea weddings, training, and development services.

Executives

Wu Hou Gang	Directors, executives
You Jun	Executives
Zou Jian	Executives
Liang Jun	Executives
Cao Bing Cai	Executives
Zhang Kan	Executives
Zhan Wei	Executives
Sun Ying Shi	Executives
He Chun Lei	Executives
Gou Rong	Executives
Sun Fu Jun	Directors, executives
Wu Xiao Wei	Independent director
Zhou Yan Jun	Director
He Zu Qi	Executives
Luo Li	Executives

Zoneco Group Co (SZSE:002069) Headlines

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