Anhui Gujing Distillery Co (SZSE:000596) Days Sales Outstanding : 1.68 (As of Sep. 2023)

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What is Anhui Gujing Distillery Co Days Sales Outstanding?

Anhui Gujing Distillery Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥86 Mil. Anhui Gujing Distillery Co's Revenue for the three months ended in Sep. 2023 was ¥4,643 Mil. Hence, Anhui Gujing Distillery Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 1.68.

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

SZSE:000596' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.32 Med: 1.01 Max: 2.16
Current: 1.38

During the past 13 years, Anhui Gujing Distillery Co's highest Days Sales Outstanding was 2.16. The lowest was 0.32. And the median was 1.01.

SZSE:000596's Days Sales Outstanding is ranked better than
93.3% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 44.02 vs SZSE:000596: 1.38

Anhui Gujing Distillery Co's Days Sales Outstanding declined from Sep. 2022 (1.69) to Sep. 2023 (1.68).

Anhui Gujing Distillery Co Days Sales Outstanding Historical Data

The historical data trend for Anhui Gujing Distillery 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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Anhui Gujing Distillery Co Days Sales Outstanding Chart

Anhui Gujing Distillery Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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1.10

1.24

1.93

2.16

1.66

Anhui Gujing Distillery Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															1.69	1.43	0.99	1.75	1.68

Competitive Comparison of Anhui Gujing Distillery Co's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, Anhui Gujing Distillery 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.

Anhui Gujing Distillery Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anhui Gujing Distillery Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Anhui Gujing Distillery Co's Days Sales Outstanding falls into.

Anhui Gujing Distillery 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.

Anhui Gujing Distillery 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
=	( (89.006	+	62.689)	/	2 )	/	16713.234	*	365
=	75.8475					/	16713.234	*	365
=	1.66

Anhui Gujing Distillery Co's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (101.189	+	69.919)	/	2 )	/	4642.654	*	365 / 4
=	85.554					/	4642.654	*	365 / 4
=	1.68

Anhui Gujing Distillery Co (SZSE:000596) Days Sales Outstanding Explanation

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

Anhui Gujing Distillery Co Days Sales Outstanding Related Terms

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Anhui Gujing Distillery Co (SZSE:000596) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Anhui Gujing Distillery Co Ltd (SZSE:000596) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

200596:China

Address

Gujing Town, Anhui Province, Bozhou, CHN, 236820

Website

http://www.gujing.com

Anhui Gujing is one of the eight most famous baijiu brands in China and the largest baijiu distiller in Anhui province by sales in 2022. The company produces rich-flavored baijiu, with a colorful brand story tracing back 1,800 years to the Three Kingdoms period. Gujing is one of the leading players in the midrange to high-end market and enjoys high retail prices and profit margins, with its flagship Gujing Year Puree series contributing 70%-75% of total sales. The State-Owned Assets Supervision and Administration Commission of Bozhou controls 28% of Gujing.

Anhui Gujing Distillery Co (SZSE:000596) Headlines

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