Wellhope Foods Co (SHSE:603609) Days Sales Outstanding : 16.27 (As of Mar. 2024)

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What is Wellhope Foods Co Days Sales Outstanding?

Wellhope Foods Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,288 Mil. Wellhope Foods Co's Revenue for the three months ended in Mar. 2024 was ¥7,222 Mil. Hence, Wellhope Foods Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.27.

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

SHSE:603609' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.51 Med: 7.88 Max: 14.82
Current: 14.82

During the past 13 years, Wellhope Foods Co's highest Days Sales Outstanding was 14.82. The lowest was 3.51. And the median was 7.88.

SHSE:603609's Days Sales Outstanding is ranked better than
85.5% of 1842 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs SHSE:603609: 14.82

Wellhope Foods Co's Days Sales Outstanding increased from Mar. 2023 (14.37) to Mar. 2024 (16.27).

Wellhope Foods Co Days Sales Outstanding Historical Data

The historical data trend for Wellhope Foods 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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Wellhope Foods Co Days Sales Outstanding Chart

Wellhope Foods Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.80

6.22

7.01

9.55

10.91

Wellhope Foods 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															14.37	14.52	14.17	14.54	16.27

Competitive Comparison of Wellhope Foods Co's Days Sales Outstanding

For the Farm Products subindustry, Wellhope Foods 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.

Wellhope Foods Co's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wellhope Foods Co's Days Sales Outstanding distribution charts can be found below:

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

Wellhope Foods 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.

Wellhope Foods 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
=	( (1035.057	+	1114.486)	/	2 )	/	35970.262	*	365
=	1074.7715					/	35970.262	*	365
=	10.91

Wellhope Foods 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
=	( (1114.486	+	1460.683)	/	2 )	/	7221.755	*	365 / 4
=	1287.5845					/	7221.755	*	365 / 4
=	16.27

Wellhope Foods Co (SHSE:603609) Days Sales Outstanding Explanation

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

Wellhope Foods Co Days Sales Outstanding Related Terms

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Wellhope Foods Co (SHSE:603609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wellhope Foods Co Ltd (SHSE:603609) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 169, Huishan Street, Shenbei New District, Liaoning Province, Shenyang, CHN, 110164

Website

http://www.wellhope-ag.com

Wellhope Foods Co Ltd is an animal husbandry company. The company's primary businesses include animal feed, feed raw materials trade, broiler integration, and swine trading. It is also involved in veterinary drugs, farming equipment manufacturing, pet clinic, etc. The company generates maximum revenue from feed products followed by broiler integration and raw materials trade. Its feed product line includes premix feed, concentrated feed, and compound feed.

Wellhope Foods Co (SHSE:603609) Headlines

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