Jiumaojiu International Holdings (HKSE:09922) Days Sales Outstanding : 1.97 (As of Dec. 2023)

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What is Jiumaojiu International Holdings Days Sales Outstanding?

Jiumaojiu International Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was HK$37 Mil. Jiumaojiu International Holdings's Revenue for the six months ended in Dec. 2023 was HK$3,398 Mil. Hence, Jiumaojiu International Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 1.97.

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

HKSE:09922' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.17 Med: 1.88 Max: 2.91
Current: 1.79

During the past 8 years, Jiumaojiu International Holdings's highest Days Sales Outstanding was 2.91. The lowest was 1.17. And the median was 1.88.

HKSE:09922's Days Sales Outstanding is ranked better than
93.24% of 340 companies
in the Restaurants industry
Industry Median: 11.71 vs HKSE:09922: 1.79

Jiumaojiu International Holdings's Days Sales Outstanding increased from Dec. 2022 (1.95) to Dec. 2023 (1.97).

Jiumaojiu International Holdings Days Sales Outstanding Historical Data

The historical data trend for Jiumaojiu International Holdings'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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Jiumaojiu International Holdings Days Sales Outstanding Chart

Jiumaojiu International Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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1.97

1.77

1.17

1.55

1.79

Jiumaojiu International Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									1.30	1.73	1.95	1.60	1.97

Competitive Comparison of Jiumaojiu International Holdings's Days Sales Outstanding

For the Restaurants subindustry, Jiumaojiu International Holdings'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.

Jiumaojiu International Holdings's Days Sales Outstanding Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jiumaojiu International Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Jiumaojiu International Holdings's Days Sales Outstanding falls into.

Jiumaojiu International Holdings 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.

Jiumaojiu International Holdings'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
=	( (23.021	+	41.085)	/	2 )	/	6547.196	*	365
=	32.053					/	6547.196	*	365
=	1.79

Jiumaojiu International Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (32.177	+	41.085)	/	2 )	/	3397.745	*	365 / 2
=	36.631					/	3397.745	*	365 / 2
=	1.97

Jiumaojiu International Holdings (HKSE:09922) Days Sales Outstanding Explanation

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

Jiumaojiu International Holdings Days Sales Outstanding Related Terms

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Jiumaojiu International Holdings (HKSE:09922) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Jiumaojiu International Holdings Ltd (HKSE:09922) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

3YU:Germany

Address

1 Mingzhuyi Street, Room 404-A197, Hengli Town, Nansha District, Guangzhou, CHN

Website

http://www.jiumaojiu.com

Jiumaojiu International is a Chinese multibrand restaurant operator. The firm generates most of its revenue from Tai Er, a restaurant chain that is known for its sauerkraut fish (steamed fish smothered in pickled cabbage). Established in 2015, Tai Er is immensely popular, with over 400 outlets in China, and is frequented particularly by the post-1990s generation.Other key concepts include the namesake concept Jiu Mao Jiu (nearly 80 units) and a newly created restaurant concept Song Hot Pot (almost 30 outlets), but the company's portfolio also includes other brands such as Uncle Chef (Cantonese cuisine) and Lai Mei Li (Chinese grilled fish). All of Jiumaojiu's restaurants are company-owned, as the firm is focusing more on the quality of its restaurants over quantity.

Jiumaojiu International Holdings (HKSE:09922) Headlines

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