Shineco Days Of Sales Outstanding from 2010 to 2024

SISI Stock  USD 2.10  0.04  1.87%   
Shineco's Days Of Sales Outstanding is increasing with slightly volatile movements from year to year. Days Of Sales Outstanding is estimated to finish at 277.89 this year. For the period between 2010 and 2024, Shineco, Days Of Sales Outstanding quarterly trend regression had mean deviation of  81.68 and range of 322. View All Fundamentals
 
Days Of Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
45.24822748
Current Value
277.89354249
Quarterly Volatility
106.69567435
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Shineco financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Shineco's main balance sheet or income statement drivers, such as Depreciation And Amortization of 5.2 M, Interest Expense of 2.2 M or Selling And Marketing Expenses of 559.6 K, as well as many indicators such as Price To Sales Ratio of 645, Dividend Yield of 0.0 or PTB Ratio of 846. Shineco financial statements analysis is a perfect complement when working with Shineco Valuation or Volatility modules.
  
Check out the analysis of Shineco Correlation against competitors.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.

Latest Shineco's Days Of Sales Outstanding Growth Pattern

Below is the plot of the Days Of Sales Outstanding of Shineco over the last few years. It is Shineco's Days Of Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Shineco's overall financial position and show how it may be relating to other accounts over time.
Days Of Sales Outstanding10 Years Trend
Slightly volatile
   Days Of Sales Outstanding   
       Timeline  

Shineco Days Of Sales Outstanding Regression Statistics

Arithmetic Mean121.68
Geometric Mean79.76
Coefficient Of Variation87.69
Mean Deviation81.68
Median85.50
Standard Deviation106.70
Sample Variance11,384
Range322
R-Value0.52
Mean Square Error8,964
R-Squared0.27
Significance0.05
Slope12.37
Total Sum of Squares159,376

Shineco Days Of Sales Outstanding History

2024 277.89
2023 45.25
2022 22.93
2021 304.08
2020 340.52
2019 77.95
2018 115.41

About Shineco Financial Statements

Investors use fundamental indicators, such as Shineco's Days Of Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Shineco's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Days Of Sales Outstanding 45.25  277.89 

Currently Active Assets on Macroaxis

When determining whether Shineco offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Shineco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shineco Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shineco Stock:
Check out the analysis of Shineco Correlation against competitors.
For more detail on how to invest in Shineco Stock please use our How to Invest in Shineco guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Shineco. If investors know Shineco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Shineco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(171.02)
Revenue Per Share
44.227
Quarterly Revenue Growth
13.101
Return On Assets
(0.14)
Return On Equity
(0.90)
The market value of Shineco is measured differently than its book value, which is the value of Shineco that is recorded on the company's balance sheet. Investors also form their own opinion of Shineco's value that differs from its market value or its book value, called intrinsic value, which is Shineco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Shineco's market value can be influenced by many factors that don't directly affect Shineco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Shineco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shineco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shineco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.