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Guangdong Guanghong Holdings Co (SZSE:000529) Days Sales Outstanding : 4.59 (As of Sep. 2024)


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What is Guangdong Guanghong Holdings Co Days Sales Outstanding?

Guangdong Guanghong Holdings Co's average Accounts Receivable for the three months ended in Sep. 2024 was ¥33 Mil. Guangdong Guanghong Holdings Co's Revenue for the three months ended in Sep. 2024 was ¥658 Mil. Hence, Guangdong Guanghong Holdings Co's Days Sales Outstanding for the three months ended in Sep. 2024 was 4.59.

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

SZSE:000529' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.09   Med: 11.87   Max: 22.13
Current: 3.12

During the past 13 years, Guangdong Guanghong Holdings Co's highest Days Sales Outstanding was 22.13. The lowest was 1.09. And the median was 11.87.

SZSE:000529's Days Sales Outstanding is ranked better than
97.53% of 1861 companies
in the Consumer Packaged Goods industry
Industry Median: 39.76 vs SZSE:000529: 3.12

Guangdong Guanghong Holdings Co's Days Sales Outstanding increased from Sep. 2023 (1.29) to Sep. 2024 (4.59).


Guangdong Guanghong Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Guanghong 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.

* Premium members only.

Guangdong Guanghong Holdings Co Days Sales Outstanding Chart

Guangdong Guanghong Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.78 20.63 22.13 12.41 1.09

Guangdong Guanghong Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 1.39 2.67 4.11 4.59

Competitive Comparison of Guangdong Guanghong Holdings Co's Days Sales Outstanding

For the Farm Products subindustry, Guangdong Guanghong 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.


Guangdong Guanghong Holdings Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

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



Guangdong Guanghong 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.

Guangdong Guanghong 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
=( (7.202 + 9.394) / 2 ) / 2790.359*365
=8.298 / 2790.359*365
=1.09

Guangdong Guanghong Holdings Co's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding (Q: Sep. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2024 ) + Accounts Receivable (A: Sep. 2024 )) / count ) / Revenue (A: Sep. 2024 )*Days in Period
=( (36.904 + 29.363) / 2 ) / 658.185*365 / 4
=33.1335 / 658.185*365 / 4
=4.59

* 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.


Guangdong Guanghong Holdings Co  (SZSE:000529) Days Sales Outstanding Explanation

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


Guangdong Guanghong Holdings Co Days Sales Outstanding Related Terms

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Guangdong Guanghong Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Guangzhou Avenue 520, Tianhe District, Guangzhou, Guangdong, CHN, 529700
Guangdong Guanghong Holdings Co Ltd operates in agricultural and sideline food processing industry.
Executives
Wang Zhen Xiu Supervisors
Chen Zeng Ling Executives
Chen Zi Zhao Directors, executives
Zhang Shuo Cheng Director
Gong Jie Min Director

Guangdong Guanghong Holdings Co Headlines

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