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Limin Group Co (SZSE:002734) Days Sales Outstanding : 42.71 (As of Mar. 2024)


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What is Limin Group Co Days Sales Outstanding?

Limin Group Co's average Accounts Receivable for the three months ended in Mar. 2024 was ¥463 Mil. Limin Group Co's Revenue for the three months ended in Mar. 2024 was ¥990 Mil. Hence, Limin Group Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.71.

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

SZSE:002734' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.69   Med: 31.57   Max: 52.64
Current: 52.64

During the past 13 years, Limin Group Co's highest Days Sales Outstanding was 52.64. The lowest was 17.69. And the median was 31.57.

SZSE:002734's Days Sales Outstanding is ranked better than
58.72% of 235 companies
in the Agriculture industry
Industry Median: 68.6 vs SZSE:002734: 52.64

Limin Group Co's Days Sales Outstanding increased from Mar. 2023 (36.64) to Mar. 2024 (42.71).


Limin Group Co Days Sales Outstanding Historical Data

The historical data trend for Limin 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.

Limin Group Co Days Sales Outstanding Chart

Limin Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.39 19.17 17.69 23.28 31.10

Limin 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.64 47.89 58.91 63.11 42.71

Competitive Comparison of Limin Group Co's Days Sales Outstanding

For the Agricultural Inputs subindustry, Limin 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.


Limin Group Co's Days Sales Outstanding Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Limin Group Co's Days Sales Outstanding distribution charts can be found below:

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



Limin 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.

Limin 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
=( (377.989 + 341.799) / 2 ) / 4223.937*365
=359.894 / 4223.937*365
=31.10

Limin 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
=( (341.799 + 585.084) / 2 ) / 990.166*365 / 4
=463.4415 / 990.166*365 / 4
=42.71

* 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.


Limin Group Co  (SZSE:002734) Days Sales Outstanding Explanation

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


Limin Group Co Days Sales Outstanding Related Terms

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Limin Group Co (SZSE:002734) Business Description

Traded in Other Exchanges
N/A
Address
Economic Development Zone, Jiangsu Province, Xinyi, CHN, 221400
Limin Group Co Ltd is engaged in manufacturing of key pesticide. The company's products are divided into two parts Technical and Formulation. Technical products include Cymoxanil. Zineb, Mesotrione, Propineb, and others, and Formulation products consist of Fosetyl-aluminium, Azoxystrobin, Mancozeb + Fosetyl-aluminium, and others. Its market covers more than 70 countries and regions.
Executives
Xu Yi Wei Directors, executives
Sun Jing Quan Directors, executives
Lin Qing Directors, executives
Chen Xin An Directors, executives
Shen Shu Yan Executives
Li Yuan Yuan Directors, executives
Xie Chun Long Directors, executives
Liu Yong Securities Affairs Representative
Li Xin Sheng Director
Wang Xiang Zhen Supervisors
Li Ming Director

Limin Group Co (SZSE:002734) Headlines

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