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Chongqing Hongjiu Fruit Co (HKSE:06689) Days Sales Outstanding : 176.37 (As of Jun. 2023)


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What is Chongqing Hongjiu Fruit Co Days Sales Outstanding?

Chongqing Hongjiu Fruit Co's average Accounts Receivable for the six months ended in Jun. 2023 was HK$9,024 Mil. Chongqing Hongjiu Fruit Co's Revenue for the six months ended in Jun. 2023 was HK$9,338 Mil. Hence, Chongqing Hongjiu Fruit Co's Days Sales Outstanding for the six months ended in Jun. 2023 was 176.37.

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

HKSE:06689' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.59   Med: 112.39   Max: 169.11
Current: 169.11

During the past 4 years, Chongqing Hongjiu Fruit Co's highest Days Sales Outstanding was 169.11. The lowest was 84.59. And the median was 112.39.

HKSE:06689's Days Sales Outstanding is not ranked
in the Retail - Defensive industry.
Industry Median: 23.57 vs HKSE:06689: 169.11

Chongqing Hongjiu Fruit Co's Days Sales Outstanding increased from Jun. 2022 (128.18) to Jun. 2023 (176.37).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Chongqing Hongjiu Fruit Co Days Sales Outstanding Historical Data

The historical data trend for Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co Days Sales Outstanding Chart

Chongqing Hongjiu Fruit Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
124.40 84.59 100.37 141.98

Chongqing Hongjiu Fruit Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Days Sales Outstanding Get a 7-Day Free Trial 66.46 139.13 128.18 162.84 176.37

Competitive Comparison of Chongqing Hongjiu Fruit Co's Days Sales Outstanding

For the Food Distribution subindustry, Chongqing Hongjiu Fruit 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.


Chongqing Hongjiu Fruit Co's Days Sales Outstanding Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Chongqing Hongjiu Fruit Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chongqing Hongjiu Fruit Co's Days Sales Outstanding falls into.



Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (4539.441 + 8562.164) / 2 ) / 16840.668*365
=6550.8025 / 16840.668*365
=141.98

Chongqing Hongjiu Fruit Co's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: Jun. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (8562.164 + 9486.301) / 2 ) / 9338.135*365 / 2
=9024.2325 / 9338.135*365 / 2
=176.37

* 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.


Chongqing Hongjiu Fruit Co  (HKSE:06689) Days Sales Outstanding Explanation

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


Chongqing Hongjiu Fruit Co Days Sales Outstanding Related Terms

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Chongqing Hongjiu Fruit Co (HKSE:06689) Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Donghu South Road, 22nd Floor, Block B, Zhongtiefenghui, Yubei District, Chongqing, CHN
Chongqing Hongjiu Fruit Co Ltd is a fast-growing and multi-brand fruit company in China with an end-to-end supply chain. It focuses on managing the entire supply chain for quality fruits primarily grown in China, Thailand and Vietnam.
Executives
Jiang Zongying
Su Zhou Jun Yi Gu Quan Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Su Zhou Zhi Lan Gu Quan Tou Zi Zhong Xin You Xian He Huo 2101 Beneficial owner
Hua Ren Wen Hua Er Qi Shang Hai Gu Quan Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Hua Ren Wen Hua Shang Hai Gu Quan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Hua Ren Wen Hua Chan Ye Gu Quan Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si
Li Ruigang 2201 Interest of corporation controlled by you
Taobao Holding Limited
Taobao China Holding Limited
Alibaba Group Holding Limited
Deng Hongjiu
Chong Qing Yi Bai Nian Xian Dai Nong Ye Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo

Chongqing Hongjiu Fruit Co (HKSE:06689) Headlines

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