Bestore Co (SHSE:603719) Days Sales Outstanding : 15.02 (As of Mar. 2024)

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What is Bestore Co Days Sales Outstanding?

Bestore Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥403 Mil. Bestore Co's Revenue for the three months ended in Mar. 2024 was ¥2,451 Mil. Hence, Bestore Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 15.02.

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

SHSE:603719' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.35 Med: 9.57 Max: 26.96
Current: 15.96

During the past 9 years, Bestore Co's highest Days Sales Outstanding was 26.96. The lowest was 5.35. And the median was 9.57.

SHSE:603719's Days Sales Outstanding is ranked better than
84.36% of 1842 companies
in the Consumer Packaged Goods industry
Industry Median: 39.225 vs SHSE:603719: 15.96

Bestore Co's Days Sales Outstanding declined from Mar. 2023 (21.41) to Mar. 2024 (15.02).

Bestore Co Days Sales Outstanding Historical Data

The historical data trend for Bestore 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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Bestore Co Days Sales Outstanding Chart

Bestore Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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8.16

14.31

19.97

26.96

25.31

Bestore 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															21.41	16.21	13.21	17.37	15.02

Competitive Comparison of Bestore Co's Days Sales Outstanding

For the Packaged Foods subindustry, Bestore 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.

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

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

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

Bestore 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.

Bestore 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
=	( (734.706	+	381.088)	/	2 )	/	8045.889	*	365
=	557.897					/	8045.889	*	365
=	25.31

Bestore 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
=	( (381.088	+	425.716)	/	2 )	/	2451.352	*	365 / 4
=	403.402					/	2451.352	*	365 / 4
=	15.02

Bestore Co (SHSE:603719) Days Sales Outstanding Explanation

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

Bestore Co Days Sales Outstanding Related Terms

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Bestore Co (SHSE:603719) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bestore Co Ltd (SHSE:603719) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

No. 8 Zaomaling Innovation Avenue, Dongxihu District, Hubei Province, Wuhan, CHN, 430000

Website

http://www.517lppz.com

Bestore Co Ltd is engaged in the procurement, sales and operation of snack foods. The company's products include bulk food including refrigerated frozen food, bulk cooked food; pre-packaged food including refrigerated frozen food; special food such as health products, infant formula milk powder, other infant formula; vegetables; dried fruits; flowers; daily necessities; agricultural products; agricultural and sideline products; hot foods including semi-finished foods; pastry foods including decorating foods; production and sale of homemade beverages including homemade fresh milk beverages; cold foods; raw foods including meat products, raw seafood foods; food packaging and processing; storage services, and venue rental.

Bestore Co (SHSE:603719) Headlines

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