Chaoda Modern Agriculture (Holdings) (HKSE:00682) Days Sales Outstanding : 67.28 (As of Dec. 2023)

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What is Chaoda Modern Agriculture (Holdings) Days Sales Outstanding?

Chaoda Modern Agriculture (Holdings)'s average Accounts Receivable for the six months ended in Dec. 2023 was HK$15.88 Mil. Chaoda Modern Agriculture (Holdings)'s Revenue for the six months ended in Dec. 2023 was HK$43.08 Mil. Hence, Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding for the six months ended in Dec. 2023 was 67.28.

The historical rank and industry rank for Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding or its related term are showing as below:

HKSE:00682' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.98 Med: 46.18 Max: 72.91
Current: 66.93

During the past 13 years, Chaoda Modern Agriculture (Holdings)'s highest Days Sales Outstanding was 72.91. The lowest was 9.98. And the median was 46.18.

HKSE:00682's Days Sales Outstanding is ranked worse than
80.47% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs HKSE:00682: 66.93

Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding increased from Dec. 2022 (63.06) to Dec. 2023 (67.28).

Chaoda Modern Agriculture (Holdings) Days Sales Outstanding Historical Data

The historical data trend for Chaoda Modern Agriculture (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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Chaoda Modern Agriculture (Holdings) Days Sales Outstanding Chart

Chaoda Modern Agriculture (Holdings) Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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68.59

72.91

68.56

67.85

63.97

Chaoda Modern Agriculture (Holdings) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															64.69	72.07	63.06	65.29	67.28

Competitive Comparison of Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding

For the Farm Products subindustry, Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding falls into.

Chaoda Modern Agriculture (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.

Chaoda Modern Agriculture (Holdings)'s Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (17.997	+	15.689)	/	2 )	/	96.097	*	365
=	16.843					/	96.097	*	365
=	63.97

Chaoda Modern Agriculture (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
=	( (15.689	+	16.075)	/	2 )	/	43.078	*	365 / 2
=	15.882					/	43.078	*	365 / 2
=	67.28

Chaoda Modern Agriculture (Holdings) (HKSE:00682) Days Sales Outstanding Explanation

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

Chaoda Modern Agriculture (Holdings) Days Sales Outstanding Related Terms

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Chaoda Modern Agriculture (Holdings) (HKSE:00682) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chaoda Modern Agriculture (Holdings) Ltd (HKSE:00682) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CMGHY:USA CMGHF:USA CHA:Germany

Address

133 Wan Chai Road, Room B, 21st Floor, Times Media Centre, Wanchai, Hong Kong, HKG

Website

http://www.chaoda.hk.cn

Chaoda Modern Agriculture (Holdings) Ltd operates as an investment holding company, which engages in the production and sale of agricultural products. The company's main businesses include the growing and sales of crops, as well as the breeding and sales of livestock. The firm earns a majority of its revenue from the sales of crops in Hong Kong.

Chaoda Modern Agriculture (Holdings) (HKSE:00682) Headlines

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