Wuliangye Yibin Co (SZSE:000858) Days Sales Outstanding : 0.59 (As of Sep. 2023)

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What is Wuliangye Yibin Co Days Sales Outstanding?

Wuliangye Yibin Co's average Accounts Receivable for the three months ended in Sep. 2023 was ¥110 Mil. Wuliangye Yibin Co's Revenue for the three months ended in Sep. 2023 was ¥17,030 Mil. Hence, Wuliangye Yibin Co's Days Sales Outstanding for the three months ended in Sep. 2023 was 0.59.

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

SZSE:000858' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.25 Med: 1.12 Max: 1.94
Current: 0.43

During the past 13 years, Wuliangye Yibin Co's highest Days Sales Outstanding was 1.94. The lowest was 0.25. And the median was 1.12.

SZSE:000858's Days Sales Outstanding is ranked better than
96.65% of 209 companies
in the Beverages - Alcoholic industry
Industry Median: 44.02 vs SZSE:000858: 0.43

Wuliangye Yibin Co's Days Sales Outstanding declined from Sep. 2022 (0.78) to Sep. 2023 (0.59).

Wuliangye Yibin Co Days Sales Outstanding Historical Data

The historical data trend for Wuliangye Yibin 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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Wuliangye Yibin Co Days Sales Outstanding Chart

Wuliangye Yibin Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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1.08

0.95

0.56

0.29

0.25

Wuliangye Yibin 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															0.78	0.41	0.18	0.53	0.59

Competitive Comparison of Wuliangye Yibin Co's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, Wuliangye Yibin 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.

Wuliangye Yibin Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Wuliangye Yibin Co's Days Sales Outstanding falls into.

Wuliangye Yibin 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.

Wuliangye Yibin 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
=	( (64.193	+	35.687)	/	2 )	/	73968.641	*	365
=	49.94					/	73968.641	*	365
=	0.25

Wuliangye Yibin 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
=	( (78.579	+	140.622)	/	2 )	/	17030.003	*	365 / 4
=	109.6005					/	17030.003	*	365 / 4
=	0.59

Wuliangye Yibin Co (SZSE:000858) Days Sales Outstanding Explanation

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

Wuliangye Yibin Co Days Sales Outstanding Related Terms

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Wuliangye Yibin Co (SZSE:000858) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Wuliangye Yibin Co Ltd (SZSE:000858) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.150, Minjiang West Road, Cuiping District, Sichuan Province, Yibin, CHN, 644007

Website

http://www.wuliangye.com.cn

Wuliangye Yibin is China's second-largest baijiu producer by revenue, with sales of CNY 74 billion in 2022 compared with CNY 124 billion for Moutai. Founded in the 1950s, Wuliangye is located in Yibin, Sichuan province, in southwest China. Its core product, 52-degree Wuliangye, is widely known as the best rice-flavored baijiu in the market. The high-quality products, extensive history and brand strength have led to strong pricing power, allowing the company to enjoy high retail prices and profit margins.

Wuliangye Yibin Co (SZSE:000858) Headlines

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