Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Days Sales Outstanding : 0.55 (As of Mar. 2024)

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What is Fujian Yanjing Huiquan Brewery Co Days Sales Outstanding?

Fujian Yanjing Huiquan Brewery Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥0.8 Mil. Fujian Yanjing Huiquan Brewery Co's Revenue for the three months ended in Mar. 2024 was ¥140.8 Mil. Hence, Fujian Yanjing Huiquan Brewery Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.55.

The historical rank and industry rank for Fujian Yanjing Huiquan Brewery Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600573' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.03 Med: 0.43 Max: 3.38
Current: 0.5

During the past 13 years, Fujian Yanjing Huiquan Brewery Co's highest Days Sales Outstanding was 3.38. The lowest was 0.03. And the median was 0.43.

SHSE:600573's Days Sales Outstanding is ranked better than
95.73% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 42.3 vs SHSE:600573: 0.50

Fujian Yanjing Huiquan Brewery Co's Days Sales Outstanding increased from Mar. 2023 (0.00) to Mar. 2024 (0.55).

Fujian Yanjing Huiquan Brewery Co Days Sales Outstanding Historical Data

The historical data trend for Fujian Yanjing Huiquan Brewery 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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Fujian Yanjing Huiquan Brewery Co Days Sales Outstanding Chart

Fujian Yanjing Huiquan Brewery Co Annual Data

Trend

Dec14

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Dec23

Days Sales Outstanding

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0.43

Fujian Yanjing Huiquan Brewery 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															-	-	-	2.88	0.55

Competitive Comparison of Fujian Yanjing Huiquan Brewery Co's Days Sales Outstanding

For the Beverages - Brewers subindustry, Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Fujian Yanjing Huiquan Brewery Co's Days Sales Outstanding falls into.

Fujian Yanjing Huiquan Brewery 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.

Fujian Yanjing Huiquan Brewery 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
=	( (0	+	0.719)	/	1 )	/	613.653	*	365
=	0.719					/	613.653	*	365
=	0.43

Fujian Yanjing Huiquan Brewery 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
=	( (0.719	+	0.973)	/	2 )	/	140.816	*	365 / 4
=	0.846					/	140.816	*	365 / 4
=	0.55

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Days Sales Outstanding Explanation

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

Fujian Yanjing Huiquan Brewery Co Days Sales Outstanding Related Terms

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Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Fujian Yanjing Huiquan Brewery Co Ltd (SHSE:600573) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Fujian 157 Main Street towns, Hui'an County, Quanzhou, Fujian, CHN

Website

http://www.hqbeer.com/

Fujian Yanjing Huiquan Brewery Co Ltd manufactures beer. The company has three facilities for the production of beer. The product portfolio includes - Huiquan Yimai beer, Huiquan small fresh beer, Huiquan pure draft beer, Huiquan European knight beer, and Huiquan bottled canned beer.

Executives

Chen Xin Hua	Supervisors
Xu Yan Ping	senior management
Cheng Han Chuan	Director

Fujian Yanjing Huiquan Brewery Co (SHSE:600573) Headlines

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