Guangdong Xinbao Electrical Appliances Holdings Co (SZSE:002705) Days Sales Outstanding : 40.94 (As of Mar. 2024)

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What is Guangdong Xinbao Electrical Appliances Holdings Co Days Sales Outstanding?

Guangdong Xinbao Electrical Appliances Holdings Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥1,559 Mil. Guangdong Xinbao Electrical Appliances Holdings Co's Revenue for the three months ended in Mar. 2024 was ¥3,474 Mil. Hence, Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.94.

The historical rank and industry rank for Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding or its related term are showing as below:

SZSE:002705' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.41 Med: 37.6 Max: 41.82
Current: 38.56

During the past 13 years, Guangdong Xinbao Electrical Appliances Holdings Co's highest Days Sales Outstanding was 41.82. The lowest was 33.41. And the median was 37.60.

SZSE:002705's Days Sales Outstanding is ranked better than
68.48% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 53.075 vs SZSE:002705: 38.56

Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding increased from Mar. 2023 (39.64) to Mar. 2024 (40.94).

Guangdong Xinbao Electrical Appliances Holdings Co Days Sales Outstanding Historical Data

The historical data trend for Guangdong Xinbao Electrical Appliances Holdings 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.

Guangdong Xinbao Electrical Appliances Holdings Co Days Sales Outstanding Chart

Guangdong Xinbao Electrical Appliances Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.82

38.16

39.91

35.78

34.57

Guangdong Xinbao Electrical Appliances Holdings 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															39.64	37.59	38.27	42.68	40.94

Competitive Comparison of Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding

For the Furnishings, Fixtures & Appliances subindustry, Guangdong Xinbao Electrical Appliances Holdings 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.

Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guangdong Xinbao Electrical Appliances Holdings Co's Days Sales Outstanding falls into.

Guangdong Xinbao Electrical Appliances Holdings 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.

Guangdong Xinbao Electrical Appliances Holdings 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
=	( (1189.104	+	1585.205)	/	2 )	/	14646.753	*	365
=	1387.1545					/	14646.753	*	365
=	34.57

Guangdong Xinbao Electrical Appliances Holdings 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
=	( (1585.205	+	1531.835)	/	2 )	/	3474.158	*	365 / 4
=	1558.52					/	3474.158	*	365 / 4
=	40.94

Guangdong Xinbao Electrical Appliances Holdings Co (SZSE:002705) Days Sales Outstanding Explanation

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

Guangdong Xinbao Electrical Appliances Holdings Co Days Sales Outstanding Related Terms

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Guangdong Xinbao Electrical Appliances Holdings Co (SZSE:002705) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Guangdong Xinbao Electrical Appliances Holdings Co Ltd (SZSE:002705) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

N/A

Address

Longzhou Road, Shunde District, Guangdong, Leliu Town, Foshan, CHN, 528322

Website

http://www.gdxinbao.cn

Guangdong Xinbao Electrical Appliances Holdings Co Ltd is a Chinese company engaged in the manufacturing, developing and selling kitchen electrical appliances, home appliances, electronic components and baby electrical appliances. The product portfolio of the company includes electric kettle, coffee maker, hand mixer, blender, toaster, bread maker, steam station, among others. The company sells the products under its own brand, Donlim. It sells its products in China, and also exports it to other countries.

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