Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Days Sales Outstanding : 0.01 (As of Mar. 2024)

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What is Shanxi Xinghuacun Fen Wine Factory Co Days Sales Outstanding?

Shanxi Xinghuacun Fen Wine Factory Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥2 Mil. Shanxi Xinghuacun Fen Wine Factory Co's Revenue for the three months ended in Mar. 2024 was ¥15,338 Mil. Hence, Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.01.

The historical rank and industry rank for Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600809' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.01 Med: 0.29 Max: 3
Current: 0.02

During the past 13 years, Shanxi Xinghuacun Fen Wine Factory Co's highest Days Sales Outstanding was 3.00. The lowest was 0.01. And the median was 0.29.

SHSE:600809's Days Sales Outstanding is ranked better than
99.53% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 42.835 vs SHSE:600809: 0.02

Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding stayed the same from Mar. 2023 (0.01) to Mar. 2024 (0.01).

Shanxi Xinghuacun Fen Wine Factory Co Days Sales Outstanding Historical Data

The historical data trend for Shanxi Xinghuacun Fen Wine Factory 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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Shanxi Xinghuacun Fen Wine Factory Co Days Sales Outstanding Chart

Shanxi Xinghuacun Fen Wine Factory Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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0.29

0.11

0.03

0.01

Shanxi Xinghuacun Fen Wine Factory 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															0.01	0.01	0.01	0.02	0.01

Competitive Comparison of Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding

For the Beverages - Wineries & Distilleries subindustry, Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Shanxi Xinghuacun Fen Wine Factory Co's Days Sales Outstanding falls into.

Shanxi Xinghuacun Fen Wine Factory 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.

Shanxi Xinghuacun Fen Wine Factory 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
=	( (0.543	+	0.231)	/	2 )	/	31928.483	*	365
=	0.387					/	31928.483	*	365
=	0.00

Shanxi Xinghuacun Fen Wine Factory 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
=	( (0.231	+	4.115)	/	2 )	/	15338.104	*	365 / 4
=	2.173					/	15338.104	*	365 / 4
=	0.01

Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Days Sales Outstanding Explanation

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

Shanxi Xinghuacun Fen Wine Factory Co Days Sales Outstanding Related Terms

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Shanxi Xinghuacun Fen Wine Factory Co (SHSE:600809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Shanxi Xinghuacun Fen Wine Factory Co Ltd (SHSE:600809) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Xinghua Village, Fenyang County, Shanxi, Lvliang, CHN, 032205

Website

http://www.fenjiu.com.cn

Shanxi Fen Wine, or Fen Wine, is a typical light-flavored baijiu, featuring a fresher, lighter, and purer-taste compared with jiang-flavored and rich-flavored spirits. The company offers a comprehensive product portfolio, covering sub-premium, mid- to high range, and low-end products. The Fen series contributed about 90% of the company's sales revenue in 2022, including sub-premium brand Qinghua, midrange products Panama and Laobaifen, and low-end Bofen. The State-Owned Assets Supervision and Administration Commission of Shanxi province controls 51% of Fen Wine.

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