Nongfu Spring Co (HKSE:09633) Days Sales Outstanding : 4.71 (As of Dec. 2023)

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What is Nongfu Spring Co Days Sales Outstanding?

Nongfu Spring Co's average Accounts Receivable for the six months ended in Dec. 2023 was HK$627 Mil. Nongfu Spring Co's Revenue for the six months ended in Dec. 2023 was HK$24,287 Mil. Hence, Nongfu Spring Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 4.71.

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

HKSE:09633' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.79 Med: 4.41 Max: 5.47
Current: 4.66

During the past 7 years, Nongfu Spring Co's highest Days Sales Outstanding was 5.47. The lowest was 3.79. And the median was 4.41.

HKSE:09633's Days Sales Outstanding is ranked better than
96.33% of 109 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 42.81 vs HKSE:09633: 4.66

Nongfu Spring Co's Days Sales Outstanding declined from Dec. 2022 (6.34) to Dec. 2023 (4.71).

Nongfu Spring Co Days Sales Outstanding Historical Data

The historical data trend for Nongfu Spring 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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Nongfu Spring Co Days Sales Outstanding Chart

Nongfu Spring Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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4.05

5.11

5.01

5.47

4.41

Nongfu Spring Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							5.77	6.26	6.34	4.86	4.71

Competitive Comparison of Nongfu Spring Co's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Nongfu Spring 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.

Nongfu Spring Co's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

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

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

Nongfu Spring 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.

Nongfu Spring 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
=	( (533.804	+	594.273)	/	2 )	/	46668.505	*	365
=	564.0385					/	46668.505	*	365
=	4.41

Nongfu Spring Co'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
=	( (659.076	+	594.273)	/	2 )	/	24287.137	*	365 / 2
=	626.6745					/	24287.137	*	365 / 2
=	4.71

Nongfu Spring Co (HKSE:09633) Days Sales Outstanding Explanation

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

Nongfu Spring Co Days Sales Outstanding Related Terms

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Nongfu Spring Co (HKSE:09633) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Nongfu Spring Co Ltd (HKSE:09633) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NNFSF:USA 7NF:Germany

Address

No. 181, Geyazhuang, Xihu District, Hangzhou, CHN, 310024

Website

https://www.nongfuspring.com

Founded in 1996, Nongfu Spring is a leading manufacturer of bottled water, ready-to-drink tea, juice and functional beverages in China. It holds the number-one share in the bottled water market; this segment contributed approximately 55% of the firm's revenue and EBIT in 2022.

Nongfu Spring Co (HKSE:09633) Headlines

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