Inner Mongolia Yili Industrial Group Co (SHSE:600887) Days Sales Outstanding : 8.57 (As of Mar. 2024)

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What is Inner Mongolia Yili Industrial Group Co Days Sales Outstanding?

Inner Mongolia Yili Industrial Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥3,060 Mil. Inner Mongolia Yili Industrial Group Co's Revenue for the three months ended in Mar. 2024 was ¥32,577 Mil. Hence, Inner Mongolia Yili Industrial Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.57.

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

SHSE:600887' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.86 Med: 4.91 Max: 8.93
Current: 8.72

During the past 13 years, Inner Mongolia Yili Industrial Group Co's highest Days Sales Outstanding was 8.93. The lowest was 2.86. And the median was 4.91.

SHSE:600887's Days Sales Outstanding is ranked better than
92.06% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.245 vs SHSE:600887: 8.72

Inner Mongolia Yili Industrial Group Co's Days Sales Outstanding increased from Mar. 2023 (8.12) to Mar. 2024 (8.57).

Inner Mongolia Yili Industrial Group Co Days Sales Outstanding Historical Data

The historical data trend for Inner Mongolia Yili Industrial 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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Inner Mongolia Yili Industrial Group Co Days Sales Outstanding Chart

Inner Mongolia Yili Industrial Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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5.49

6.09

5.90

7.48

8.93

Inner Mongolia Yili Industrial 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															8.12	8.13	8.75	9.66	8.57

Competitive Comparison of Inner Mongolia Yili Industrial Group Co's Days Sales Outstanding

For the Packaged Foods subindustry, Inner Mongolia Yili Industrial 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.

Inner Mongolia Yili Industrial Group Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Inner Mongolia Yili Industrial Group Co's Days Sales Outstanding falls into.

Inner Mongolia Yili Industrial 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.

Inner Mongolia Yili Industrial 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
=	( (3088.345	+	3084.668)	/	2 )	/	126179.459	*	365
=	3086.5065					/	126179.459	*	365
=	8.93

Inner Mongolia Yili Industrial 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
=	( (3084.668	+	3036.157)	/	2 )	/	32577.279	*	365 / 4
=	3060.4125					/	32577.279	*	365 / 4
=	8.57

Inner Mongolia Yili Industrial Group Co (SHSE:600887) Days Sales Outstanding Explanation

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

Inner Mongolia Yili Industrial Group Co Days Sales Outstanding Related Terms

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Inner Mongolia Yili Industrial Group Co (SHSE:600887) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Inner Mongolia Yili Industrial Group Co Ltd (SHSE:600887) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Jinshan Street, Jinshan Development Zone, Huhehaote, Inner Mongolia, CHN, 010110

Website

http://www.yili.com

Inner Mongolia Yili Industrial Group is the largest dairy products producer in China, with the majority of revenue (70%) coming from the liquid milk segment. The company also manufactures ice cream, milk powder and beverages. Some flagship lineups include Satine, Yili Pure Milk, Ambrosial and Changqing. The company also expands its overseas presence through setting up R&D centers and acquiring foreign dairy brands such as Westland in New Zealand and Chomthana in Thailand.

Inner Mongolia Yili Industrial Group Co (SHSE:600887) Headlines

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