MYS Group Co (SZSE:002303) Days Sales Outstanding : 119.25 (As of Mar. 2024)

View and export this data going back to 2009. Start your Free Trial

What is MYS Group Co Days Sales Outstanding?

MYS Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,100 Mil. MYS Group Co's Revenue for the three months ended in Mar. 2024 was ¥842 Mil. Hence, MYS Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 119.25.

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

SZSE:002303' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.48 Med: 104.08 Max: 124.22
Current: 108.22

During the past 13 years, MYS Group Co's highest Days Sales Outstanding was 124.22. The lowest was 80.48. And the median was 104.08.

SZSE:002303's Days Sales Outstanding is ranked worse than
87.27% of 377 companies
in the Packaging & Containers industry
Industry Median: 69.28 vs SZSE:002303: 108.22

MYS Group Co's Days Sales Outstanding declined from Mar. 2023 (125.88) to Mar. 2024 (119.25).

MYS Group Co Days Sales Outstanding Historical Data

The historical data trend for MYS Group 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.

MYS Group Co Days Sales Outstanding Chart

MYS Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

116.41

124.22

116.43

103.61

117.52

MYS Group 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															125.88	105.12	100.90	108.75	119.25

Competitive Comparison of MYS Group Co's Days Sales Outstanding

For the Packaging & Containers subindustry, MYS Group 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.

MYS Group Co's Days Sales Outstanding Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, MYS Group Co's Days Sales Outstanding distribution charts can be found below:

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

MYS Group 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.

MYS Group 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
=	( (1169.709	+	1092.441)	/	2 )	/	3512.962	*	365
=	1131.075					/	3512.962	*	365
=	117.52

MYS Group 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
=	( (1092.441	+	1108.159)	/	2 )	/	841.979	*	365 / 4
=	1100.3					/	841.979	*	365 / 4
=	119.25

MYS Group Co (SZSE:002303) Days Sales Outstanding Explanation

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

MYS Group Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of MYS Group Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

MYS Group Co (SZSE:002303) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » MYS Group Co Ltd (SZSE:002303) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Building A, Meiyingsen Factory, Guangming New Shantou Village, Guangming New District, Guangdong, Shenzhen, CHN, 518107

Website

http://www.szmys.com

MYS Group Co Ltd is mainly engaged in research and development, production and sales of light and heavy environmental packaging, electronic label and RFID products, and provides packaging product design, packaging solution optimization, third-party procurement and packaging product logistics and distribution, supplier inventory management, auxiliary packaging operations, Electronic tags and RFID solutions. The company's main customers cover electronic communications, smart terminals, food and beverage, health products, furniture and home, express delivery, new energy automotive industry chain, household appliances, machinery manufacturing and other industries.

Executives

Wang Hai Peng	Director
Wang Zhi Jun	Directors, executives
Zhang Zhen Yi	Directors, executives
Huang Lin	Directors, Directors, and Executives
Wang Hong Chan	Supervisors
Chen Suo Jun	Director

MYS Group Co (SZSE:002303) Headlines

No Headlines