Fortune Ng Fung Food (hebei) Co (SHSE:600965) Days Sales Outstanding : 36.22 (As of Mar. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Fortune Ng Fung Food (hebei) Co Days Sales Outstanding?

Fortune Ng Fung Food (hebei) Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥92.3 Mil. Fortune Ng Fung Food (hebei) Co's Revenue for the three months ended in Mar. 2024 was ¥232.6 Mil. Hence, Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 36.22.

The historical rank and industry rank for Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding or its related term are showing as below:

SHSE:600965' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.34 Med: 37.61 Max: 54.4
Current: 41.76

During the past 13 years, Fortune Ng Fung Food (hebei) Co's highest Days Sales Outstanding was 54.40. The lowest was 30.34. And the median was 37.61.

SHSE:600965's Days Sales Outstanding is ranked worse than
53.37% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.185 vs SHSE:600965: 41.76

Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding declined from Mar. 2023 (41.45) to Mar. 2024 (36.22).

Fortune Ng Fung Food (hebei) Co Days Sales Outstanding Historical Data

The historical data trend for Fortune Ng Fung Food (hebei) 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.

* Premium members only.

Fortune Ng Fung Food (hebei) Co Days Sales Outstanding Chart

Fortune Ng Fung Food (hebei) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

43.05

54.40

41.85

44.81

36.81

Fortune Ng Fung Food (hebei) 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															41.45	46.57	37.26	41.76	36.22

Competitive Comparison of Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding

For the Packaged Foods subindustry, Fortune Ng Fung Food (hebei) 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.

Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding falls into.

Fortune Ng Fung Food (hebei) 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.

Fortune Ng Fung Food (hebei) 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
=	( (120.354	+	90.69)	/	2 )	/	1046.279	*	365
=	105.522					/	1046.279	*	365
=	36.81

Fortune Ng Fung Food (hebei) 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
=	( (90.69	+	93.939)	/	2 )	/	232.593	*	365 / 4
=	92.3145					/	232.593	*	365 / 4
=	36.22

Fortune Ng Fung Food (hebei) Co (SHSE:600965) Days Sales Outstanding Explanation

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

Fortune Ng Fung Food (hebei) Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Fortune Ng Fung Food (hebei) Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortune Ng Fung Food (hebei) Co (SHSE:600965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fortune Ng Fung Food (hebei) Co Ltd (SHSE:600965) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Yanjiao Economic and Technology Development Zone, Hebei Province, Sanhe, CHN, 065201

Website

http://www.fucheng.net

Fortune Ng Fung Food (hebei) Co Ltd is engaged in the cattle breeding and dairy farming businesses in China. It is primarily involved in beef cattle breeding, dairy farming, beef cattle slaughter and processing, milk production, food chain, feed production and organic fertilizer production. The company's main products are live cattle, beef, lamb, meat products, dairy cows, dairy products, fast food, hot pot chain and so on. Geographically the business activities are carried out through China.

Executives

Wu Jian

Supervisors

Fortune Ng Fung Food (hebei) Co (SHSE:600965) Headlines

No Headlines